Identity and entrepreneurship: do school peers shape entrepreneurial intentions?

Oliver Falck, Stephan Heblich*, Elke Luedemann

*Corresponding author for this work

Research output: Contribution to journalArticle (Academic Journal)peer-review

122 Citations (Scopus)

Abstract

We incorporate the concept of social identity into entrepreneurship and analyze the determinants of having entrepreneurial intentions. 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. Based on Programme for International Student Assessment (PISA) 2006 data in which students report their entrepreneurial intentions at the age of 15, we find that having an entrepreneurial peer group has a positive effect on an individual's entrepreneurial intentions. We find that the strength of the peer effect in a country is moderated by prevailing values, namely individualism.

Original languageEnglish
Pages (from-to)39-59
Number of pages21
JournalSmall Business Economics
Volume39
Issue number1
DOIs
Publication statusPublished - Jul 2012

Keywords

  • Social identity
  • Entrepreneurial intentions
  • Entrepreneurship
  • Peer effects
  • SELF-EMPLOYMENT
  • STRATIFIED SAMPLES
  • SKILL FORMATION
  • ECONOMIC-THEORY
  • FAMILY
  • RISK
  • MECHANISMS
  • TRANSITION
  • BUSINESS
  • BEHAVIOR

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