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A chip off the old block? How parent-child interactions affect the intergenerational transmission of entrepreneurial intentions

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  • Hopp, Christian
  • Minarikova, Dana
  • Speil, Alexander

Abstract

Entrepreneurial parents can serve as sources of information and inspiration to transmit entrepreneurial intentions to their offspring. Yet we find that role modelling is not purely observational, but it requires social interactions between parents and children to take effect. Our results using more than 2,500 child-parent dyads from the German socio-economic panel show that only if the socialization intensity between self-employed parents and their child is high entrepreneurial intentions will be transmitted. The intergenerational transmission of entrepreneurial intentions is dependent on the socialization intensity of the parents. The opportunity to share experiences with the children influences children's forming of entrepreneurial attitudes especially within same-sex parent-child dyads.

Suggested Citation

  • Hopp, Christian & Minarikova, Dana & Speil, Alexander, 2019. "A chip off the old block? How parent-child interactions affect the intergenerational transmission of entrepreneurial intentions," Journal of Business Venturing Insights, Elsevier, vol. 11(C), pages 1-1.
  • Handle: RePEc:eee:jobuve:v:11:y:2019:i:c:12
    DOI: 10.1016/j.jbvi.2019.e00130
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    Cited by:

    1. Vladasel, Theodor & Lindquist, Matthew J. & Sol, Joeri & van Praag, Mirjam, 2021. "On the origins of entrepreneurship: Evidence from sibling correlations," Journal of Business Venturing, Elsevier, vol. 36(5).
    2. Giménez-Nadal, José Ignacio & Molina, José Alberto & Velilla, Jorge, 2022. "Intergenerational correlation of self-employment in Western Europe," Economic Modelling, Elsevier, vol. 108(C).
    3. Pilková, Anna & Kovačičova, Zuzana, 2021. "Podnikanie na Slovensku v dobe digitalizácie optikou generácií [Doing business in Slovakia in the era of digitalization through the lens of generations]," MPRA Paper 113391, University Library of Munich, Germany.
    4. Soleimanof, Sohrab & Morris, Michael H. & Jang, Yongseok, 2021. "Following the footsteps that inspire: Parental passion, family communication, and children’s entrepreneurial attitudes," Journal of Business Research, Elsevier, vol. 128(C), pages 450-461.
    5. Wei Wang & Kimberly A. Eddleston & Francesco Chirico & Stephen X. Zhang & Qiaozhuan Liang & Wei Deng, 2023. "Family Diversity and Business Start-Up: Do Family Meals Feed the Fire of Entrepreneurship?," Entrepreneurship Theory and Practice, , vol. 47(4), pages 1265-1297, July.

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