IDEAS home Printed from https://ideas.repec.org/a/spr/jglont/v7y2017i1d10.1186_s40497-017-0070-6.html
   My bibliography  Save this article

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

Author

Listed:
  • 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)

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.

Suggested Citation

  • Radha Jagannathan & Michael J. Camasso & Bagavan Das & Jale Tosun & Sadagopan Iyengar, 2017. "Family, society and the individual: determinants of entrepreneurial attitudes among youth in Chennai, South India," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 7(1), pages 1-22, December.
  • Handle: RePEc:spr:jglont:v:7:y:2017:i:1:d:10.1186_s40497-017-0070-6
    DOI: 10.1186/s40497-017-0070-6
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1186/s40497-017-0070-6
    File Function: Abstract
    Download Restriction: no

    File URL: https://libkey.io/10.1186/s40497-017-0070-6?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Carr, Jon C. & Sequeira, Jennifer M., 2007. "Prior family business exposure as intergenerational influence and entrepreneurial intent: A Theory of Planned Behavior approach," Journal of Business Research, Elsevier, vol. 60(10), pages 1090-1098, October.
    2. Andreas Strobl & Christopher Kronenberg & Mike Peters, 2012. "Entrepreneurial attitudes and intentions: assessing gender specific differences," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 15(4), pages 452-468.
    3. Ajzen, Icek, 1991. "The theory of planned behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 179-211, December.
    4. Carneiro, Pedro & Heckman, James J., 2003. "Human Capital Policy," IZA Discussion Papers 821, Institute of Labor Economics (IZA).
    5. Ben D. MacArthur & Richard O. C. Oreffo, 2005. "Bridging the gap," Nature, Nature, vol. 433(7021), pages 19-19, January.
    6. James J. Heckman & Jora Stixrud & Sergio Urzua, 2006. "The Effects of Cognitive and Noncognitive Abilities on Labor Market Outcomes and Social Behavior," Journal of Labor Economics, University of Chicago Press, vol. 24(3), pages 411-482, July.
    7. James A. Riccio & Alan Orenstein, 1996. "Understanding Best Practices for Operating Welfare-To-Work Programs," Evaluation Review, , vol. 20(1), pages 3-28, February.
    8. Elder, Sara,, 2015. "Global employment trends for youth 2015 scaling up investments in decent jobs for youth," Global Employment Trends Reports 995071491202676, International Labour Office, Economic and Labour Market Analysis Department.
    9. David B. Audretsch & Werner Boente & Jagannadha Pawan Tamvada, 2007. "Religion and Entrepreneurship," Jena Economics Research Papers 2007-075, Friedrich-Schiller-University Jena.
    10. International Labour Organization., 2015. "Global employment trends for youth 2015 : scaling up investments in decent jobs for youth," Global Employment Trends Reports 994891803402676, International Labour Office, Economic and Labour Market Analysis Department.
    11. Rachel S. Shinnar & Olivier Giacomin & Frank Janssen, 2012. "Entrepreneurial Perceptions and Intentions: The Role of Gender and Culture," Entrepreneurship Theory and Practice, , vol. 36(3), pages 465-493, May.
    12. Subhash C. Kundu & Sunita Rani, 2007. "Personality and Attitudes of Indian Young Female Workforce: Entrepreneurial Orientation by Education and Regions," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 5(3), pages 229-252.
    13. Martin Ravallion, 2011. "A Comparative Perspective on Poverty Reduction in Brazil, China, and India," The World Bank Research Observer, World Bank, vol. 26(1), pages 71-104, February.
    14. Bonaventura Luigi & Caserta Maurizio, 2012. "The Social Dimension of Entrepreneurship: the Role of Regional Social Effects," Entrepreneurship Research Journal, De Gruyter, vol. 2(3), pages 1-18, July.
    15. International Labour Office., 2012. "Global employment trends for youth : 2012," Global Employment Trends Reports 994802013402676, International Labour Office, Economic and Labour Market Analysis Department.
    16. Darma Mahadea & Shaun Ramroop and Temesgen Zewotir, 2011. "Assessing entrepreneurship perceptions of high school learners in Pietermaritzburg, KwaZulu-Natal," South African Journal of Economic and Management Sciences, University of Pretoria, Faculty of Economic and Management Sciences, vol. 14(1), pages 66-79, March.
    17. Martin Lukeš, 2012. "Supporting Entrepreneurial Behavior and Innovation in Organizations," Central European Business Review, Prague University of Economics and Business, vol. 2012(2), pages 29-36.
    18. Davidsson, Per & Honig, Benson, 2003. "The role of social and human capital among nascent entrepreneurs," Journal of Business Venturing, Elsevier, vol. 18(3), pages 301-331, May.
    19. Stein Kristiansen & Nurul Indarti, 2004. "Entrepreneurial Intention Among Indonesian And Norwegian Students," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 12(01), pages 55-78.
    20. Schmid, Günther, 2015. "Youth Unemployment in India: From a European and Transitional Labour Market Point of View," IZA Policy Papers 95, Institute of Labor Economics (IZA).
    21. Vishal K. Gupta & Daniel B. Turban & S. Arzu Wasti & Arijit Sikdar, 2009. "The Role of Gender Stereotypes in Perceptions of Entrepreneurs and Intentions to Become an Entrepreneur," Entrepreneurship Theory and Practice, , vol. 33(2), pages 397-417, March.
    22. International Labour Office., 2013. "Global employment trends for youth 2013 : a generation at risk," Global Employment Trends Reports 994816973402676, International Labour Office, Economic and Labour Market Analysis Department.
    23. Goel, A. & Vohra, Neharika & Zhang Liyan & Arora, Bhupinder, 2007. "Attitudes of the Youth towards Entrepreneurs and Entrepreneurship: A Cross-cultural Comparison of India and China," IIMA Working Papers WP2007-01-06, Indian Institute of Management Ahmedabad, Research and Publication Department.
    24. Kourilsky, Marilyn L. & Walstad, William B., 1998. "Entrepreneurship and female youth: knowledge, attitudes, gender differences, and educational practices," Journal of Business Venturing, Elsevier, vol. 13(1), pages 77-88, January.
    25. Pia Arenius & Maria Minniti, 2005. "Perceptual Variables and Nascent Entrepreneurship," Small Business Economics, Springer, vol. 24(3), pages 233-247, February.
    26. Desislava I. Yordanova & Maria-Antonia Tarrazon, 2010. "Gender Differences In Entrepreneurial Intentions: Evidence From Bulgaria," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 15(03), pages 245-261.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Arezou Abbasianchavari & Alexandra Moritz, 2021. "The impact of role models on entrepreneurial intentions and behavior: a review of the literature," Management Review Quarterly, Springer, vol. 71(1), pages 1-40, February.
    2. Cuong Nguyen, 2018. "Demographic factors, family background and prior self-employment on entrepreneurial intention - Vietnamese business students are different: why?," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 8(1), pages 1-17, December.
    3. Rachel S. Shinnar & Olivier Giacomin & Frank Janssen, 2012. "Entrepreneurial Perceptions and Intentions: The Role of Gender and Culture," Entrepreneurship Theory and Practice, , vol. 36(3), pages 465-493, May.
    4. Kluve, Jochen & Puerto, Susanna & Robalino, David & Romero, José Manuel & Rother, Friederike & Stöterau, Jonathan & Weidenkaff, Felix & Witte, Marc, 2016. "Do Youth Employment Programs Improve Labor Market Outcomes? A Systematic Review," Ruhr Economic Papers 648, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    5. Mbaye Ahmadou Aly & Gueye Fatou, 2018. "Working Paper 297 - Labor Markets and Jobs in West Africa," Working Paper Series 2424, African Development Bank.
    6. Mohd Yasir Arafat & Javed Ali & Amit Kumar Dwivedi & Imran Saleem, 2020. "Social and Cognitive Aspects of Women Entrepreneurs: Evidence from India," Vikalpa: The Journal for Decision Makers, , vol. 45(4), pages 223-239, December.
    7. Nicolás Contreras-Barraza & Juan Felipe Espinosa-Cristia & Guido Salazar-Sepulveda & Alejandro Vega-Muñoz, 2021. "Entrepreneurial Intention: A Gender Study in Business and Economics Students from Chile," Sustainability, MDPI, vol. 13(9), pages 1-14, April.
    8. Pompei, Fabrizio & Selezneva, Ekaterina, 2021. "Unemployment and education mismatch in the EU before and after the financial crisis," Journal of Policy Modeling, Elsevier, vol. 43(2), pages 448-473.
    9. Shirokova, Galina & Osiyevskyy, Oleksiy & Bogatyreva, Karina, 2016. "Exploring the intention–behavior link in student entrepreneurship: Moderating effects of individual and environmental characteristics," European Management Journal, Elsevier, vol. 34(4), pages 386-399.
    10. World Bank Group, 2015. "Toward Solutions for Youth Employment," World Bank Publications - Reports 23261, The World Bank Group.
    11. Monica Molino & Valentina Dolce & Claudio Giovanni Cortese & Chiara Ghislieri, 2018. "Personality and social support as determinants of entrepreneurial intention. Gender differences in Italy," PLOS ONE, Public Library of Science, vol. 13(6), pages 1-19, June.
    12. Peter van der Zwan & Ingrid Verheul & Roy Thurik & Isabel Grilo, 2009. "Entrepreneurial Progress: Climbing the Entrepreneurial Ladder in Europe and the US," Tinbergen Institute Discussion Papers 09-070/3, Tinbergen Institute, revised 17 Mar 2010.
    13. Berhe Mekonnen Beyene and & Tsegay Gebrekidan Tekleselassie, 2018. "The State, Determinants, and Consequences of Skills Mismatch in the Ethiopian Labour Market," Working Papers 021, Policy Studies Institute.
    14. Christopher Schlaegel & Michael Koenig, 2014. "Determinants of Entrepreneurial Intent: A Meta–Analytic Test and Integration of Competing Models," Entrepreneurship Theory and Practice, , vol. 38(2), pages 291-332, March.
    15. Étienne St-Jean & Maripier Tremblay & Frank Janssen & Jacques Baronet & Christophe Loué & Aziz Nafa, 2017. "May business mentors act as opportunity brokers and enablers among university students?," International Entrepreneurship and Management Journal, Springer, vol. 13(1), pages 97-111, March.
    16. Giuliano Sansone & Elisa Ughetto & Paolo Landoni, 2021. "Entrepreneurial intention: An analysis of the role of Student-Led Entrepreneurial Organizations," Journal of International Entrepreneurship, Springer, vol. 19(3), pages 399-433, September.
    17. Mohd Yasir Arafat & Imran Saleem & Amit Kumar Dwivedi & Adil Khan, 2020. "Determinants of agricultural entrepreneurship: a GEM data based study," International Entrepreneurship and Management Journal, Springer, vol. 16(1), pages 345-370, March.
    18. Mateja Vadnjal, 2018. "The Influence of Parents on Female Entrepreneurs in Three Career Development Phases," Management, University of Primorska, Faculty of Management Koper, vol. 13(3), pages 247-263.
    19. Vladislav Flek & Martin Hála & Martina Mysíková, 2018. "Nezaměstnanost a věková segmentace trhu práce [Unemployment and Age-based Labor Market Segmentation]," Politická ekonomie, Prague University of Economics and Business, vol. 2018(6), pages 709-731.
    20. Bhairab Chandra Patra & Usha Lenka, 2018. "Entrepreneurial Intentions of Women: A literature review (Intencje przedsiebiorcze kobiet: przeglad literatury)," Research Reports, University of Warsaw, Faculty of Management, vol. 2(28), pages 111-125.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jglont:v:7:y:2017:i:1:d:10.1186_s40497-017-0070-6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.