Self-Employment after Socialism: Intergenerational Links, Entrepreneurial Values, and Human Capital

Michael Fritsch and Alina Rusakova ()
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Alina Rusakova: School of Economics and Business Administration, Friedrich-Schiller-University Jena, Postal: Carl-Zeiß-Straße 3, 07743 Jena, Germany
Authors registered in the RePEc Author Service: Alina Sorgner

No 2012-022, Jena Economics Research Papers from Friedrich-Schiller-University Jena

Abstract: Drawing on representative household data from the German Socio-Economic Panel, we examine the role of an early precursor of entrepreneurial development - parental role models - for the individual decision to become self-employed in the post-unified Germany. The findings suggest that the socialist regime significantly damaged this mechanism of an intergenerational transmission of entrepreneurial attitudes among East Germans with a tertiary degree that have experienced a particularly strong ideological indoctrination. However, we find a significant and positive relationship between the presence of a parental role model and the decision to become self-employed for less-educated people. For West Germans the positive relationship holds irrespective of the level of education.

Keywords: Entrepreneurship; parental role models; human capital (search for similar items in EconPapers)
JEL-codes: D03 L26 Z1 (search for similar items in EconPapers)
Date: 2012-06-05
New Economics Papers: this item is included in nep-ent, nep-hrm and nep-lab
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Citations: View citations in EconPapers (12)

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Working Paper: Self-Employment after Socialism: Intergenerational Links, Entrepreneurial Values, and Human Capital (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:jrp:jrpwrp:2012-022

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