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Identity and Entrepreneurship Author info | Abstract | Publisher info | Download info | Related research | Statistics Oliver Falck ()
Stephan Heblich ()
Elke Lüdemann ()
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We incorporate the concept of social identity into a stylized model of occupational choice and analyze whether an individual’s identity affects his or her decision to become an entrepreneur. We argue that an entrepreneurial identity results from an individual’s socialization. This could be parental influence but, as argued in this paper, also peer influence. To test this empirically, we apply instrumental variable approaches to PISA data. Our findings suggest that having an entrepreneurial peer group has a positive effect on an individual’s entrepreneurial intentions. Regarding entrepreneurial parents, we find a positive effect that cannot only be explained by ownership succession of the family business.
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Paper provided by CESifo Group Munich in its series CESifo Working Paper Series with number
CESifo Working Paper No. 2661.
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Date of creation: 2009Date of revision:
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Keywords: occupational choice ; entrepreneurship ; identity ; peer effects ; Other versions of this item:
Find related papers by JEL classification: J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship Z13 - Other Special Topics - - Cultural Economics - - - Social Norms and Social Capital; Social Networks Economic Anthropology
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