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Entrepreneurial intention among high-school students: the importance of parents, peers and neighbors

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  • Roberto PATUELLI

    (University of Bologna
    The Rimini Centre for Economic Analysis (RCEA))

  • Enrico SANTARELLI

    (University of Bologna
    University of Luxembourg)

  • Annie TUBADJI

    (Swansea University)

Abstract

Literature on the formation of intention toward entrepreneurship in adolescents has focused on either parental (vertical) transmission of social capital or network effects from peers or neighbors (horizontal). Considering the simultaneous effect of parents, peers, and neighbors, we suggest that such three levels identify a mechanism whereby the individual perception of their importance interacts with their objective characteristics. With a unique dataset for second-year high-school adolescents in the Italian city of Palermo, and employing Logit and 3SLS methods, we find evidence for a strong parental effect and for secondary peer (peers) effects on student intention. We also detect clear endogenous effects from the neighborhood and the overall context. Moreover, entrepreneurship is confirmed to be perceived, even by high-school students, as a buffer for possible unemployment and social mobility.

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  • Roberto PATUELLI & Enrico SANTARELLI & Annie TUBADJI, 2020. "Entrepreneurial intention among high-school students: the importance of parents, peers and neighbors," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 10(2), pages 225-251, June.
    • Handle: RePEc:spr:eurasi:v:10:y:2020:i:2:d:10.1007_s40821-020-00160-y
    DOI: 10.1007/s40821-020-00160-y
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    More about this item

    Keywords

    Intention toward entrepreneurship; Peer-effects; Individual uncertainty; Contextual uncertainty;
    All these keywords.

    JEL classification:

    • R32 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other Spatial Production and Pricing Analysis
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy
    • Z10 - Other Special Topics - - Cultural Economics - - - General
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General

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