Family, society and the individual: determinants of entrepreneurial attitudes among youth in Chennai, South India

Radha Jagannathan (), Michael J. Camasso (), Bagavan Das (), Jale Tosun () and Sadagopan Iyengar ()
Additional contact information
Radha Jagannathan: Rutgers, The State University of New Jersey
Michael J. Camasso: Department of Agricultural Food & Resource Economics, Rutgers, The State University of New Jersey
Bagavan Das: SRM University
Jale Tosun: Heidelberg University
Sadagopan Iyengar: Bank of India (Retired), Editor, Nrisimha Priya Journal

Journal of Global Entrepreneurship Research, 2017, vol. 7, issue 1, 1-22

Abstract: Abstract High rates of youth unemployment across the world have captured the attention of many world organizations and other policy makers. One policy solution that has been proposed to curb these high rates is encouraging youth entrepreneurship. In this paper, we examine the formation of attitudes that are favorable to entrepreneurship using data from 185 business students in South India. We adopt an approach that tests the relative efficacy of two principal factors in the formation of entrepreneurial attitude, i.e., stocks of youth human/social capital and a series of personality traits. Results from a probit model suggest that the youth’s prior labor market experience, the social capital that youth have accumulated through volunteering, and the social connections that parents have made are all highly predictive of pro-entrepreneurial attitudes; personality traits exert less importance. Implications for these findings are discussed for the creation of strategies that can stimulate entrepreneurship among youth as one way to combat high rates of youth unemployment.

Keywords: Youth entrepreneurship; Social capital; Entrepreneurial inclination; Youth unemployment; Probit regression (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://link.springer.com/10.1186/s40497-017-0070-6 Abstract (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jglont:v:7:y:2017:i:1:d:10.1186_s40497-017-0070-6

Ordering information: This journal article can be ordered from
http://www.springer. ... urship/journal/40497

DOI: 10.1186/s40497-017-0070-6

Access Statistics for this article

Journal of Global Entrepreneurship Research is currently edited by Nezameddin Faghih

More articles in Journal of Global Entrepreneurship Research from Springer, UNESCO Chair in Entrepreneurship
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().