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The moderation of age on the relationship between entrepreneurial role models and entrepreneurship: evidence from a transition economy

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  • Nguyen Thi Lanh
  • Truong Thi Ngoc Thuyen
  • Nguyen Quoc Anh
  • Nguyen Van Tuu

Abstract

This study examines the influence of entrepreneurial role models on an individual’s decision to become self-employed and how age moderates this relationship. We use a dataset of 8000 individuals from the Global Entrepreneurship Monitor (GEM 2013–2017) and apply logit regressions to assess this relationship. The findings confirm a significantly positive effect of entrepreneurial role models on the decision to be entrepreneurs among Vietnamese adults. Furthermore, the positive influence of entrepreneurial role models on self-employment is weaker for older individuals than for younger generations. Results provide implications for policies and practices to nurture entrepreneurship.

Suggested Citation

  • Nguyen Thi Lanh & Truong Thi Ngoc Thuyen & Nguyen Quoc Anh & Nguyen Van Tuu, 2024. "The moderation of age on the relationship between entrepreneurial role models and entrepreneurship: evidence from a transition economy," Cogent Business & Management, Taylor & Francis Journals, vol. 11(1), pages 2369707-236, December.
    • Handle: RePEc:taf:oabmxx:v:11:y:2024:i:1:p:2369707
    DOI: 10.1080/23311975.2024.2369707
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