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Identity and Entrepreneurship

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  • Oliver Falck
  • Stephan Heblich
  • Elke Lüdemann

Abstract

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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Bibliographic Info

Paper provided by CESifo Group Munich in its series CESifo Working Paper Series with number 2661.

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Date of creation: 2009
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Handle: RePEc:ces:ceswps:_2661

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Related research

Keywords: occupational choice; entrepreneurship; identity; peer effects;

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References

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  1. Evans, David S & Leighton, Linda S, 1989. "Some Empirical Aspects of Entrepreneurship," American Economic Review, American Economic Association, American Economic Association, vol. 79(3), pages 519-35, June.
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  3. Hessel Oosterbeek & Mirjam van Praag & Auke IJsselstein, 2008. "The impact of entrepreneurship education on entrepreneurship competencies and intentions: An evaluation of the Junior Achievement Student Mini-Company Program," Jena Economic Research Papers, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics 2008-027, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
  4. Aghion, P. & Howitt, P., 1989. "A Model Of Growth Through Creative Destruction," Working papers, Massachusetts Institute of Technology (MIT), Department of Economics 527, Massachusetts Institute of Technology (MIT), Department of Economics.
  5. Bernard F. Lentz & David N. Laband, 1990. "Entrepreneurial Success and Occupational Inheritance among Proprietors," Canadian Journal of Economics, Canadian Economics Association, Canadian Economics Association, vol. 23(3), pages 563-79, August.
  6. Schneeweis, Nicole & Winter-Ebmer, Rudolf, 2005. "Peer Effects in Austrian Schools," CEPR Discussion Papers, C.E.P.R. Discussion Papers 5018, C.E.P.R. Discussion Papers.
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  15. Stefan Bauernschuster & Oliver Falck & Stephan Heblich, 2008. "Occupational Choice and Social Contacts Across Regions," Jena Economic Research Papers, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics 2008-079, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
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Citations

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Cited by:
  1. Michael Stuetzer & Martin Obschonka & Eva Schmitt-Rodermund, 2013. "Balanced skills among nascent entrepreneurs," Small Business Economics, Springer, Springer, vol. 41(1), pages 93-114, June.
  2. Elke Lüdemann, 2011. "Schooling and the Formation of Cognitive and Non-cognitive Outcomes," ifo Beiträge zur Wirtschaftsforschung, Ifo Institute for Economic Research at the University of Munich, Ifo Institute for Economic Research at the University of Munich, number 39, 8.
  3. Michael Funke & Marc Gronwald, 2009. "A Convex Hull Approach to Counterfactual Analysis of Trade Openness and Growth," CESifo Working Paper Series, CESifo Group Munich 2692, CESifo Group Munich.
  4. Robert Gold & Oliver Falck & Stephan Heblich, 2011. "The Long Wind of Change. Educational Impacts on Entrepreneurial Intentions," ERSA conference papers ersa11p999, European Regional Science Association.
  5. Robert Gold & Oliver Falck & Stephan Heblich, 2011. "Entrepreneurship Education: The Role of Universities," ERSA conference papers ersa10p1202, European Regional Science Association.
  6. repec:dgr:uvatin:2011061 is not listed on IDEAS

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