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

19 Pages Posted: 9 Jul 2012

See all articles by Michael Fritsch

Michael Fritsch

University of Jena - School of Economics and Business Administration

Alina Rusakova

University of Jena

Date Written: July 1, 2012

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

JEL Classification: L26, Z1, D03

Suggested Citation

Fritsch, Michael and Rusakova, Alina, Self-Employment after Socialism: Intergenerational Links, Entrepreneurial Values, and Human Capital (July 1, 2012). SOEPpaper No. 456, Available at SSRN: https://ssrn.com/abstract=2102480 or http://dx.doi.org/10.2139/ssrn.2102480

Michael Fritsch (Contact Author)

University of Jena - School of Economics and Business Administration ( email )

Carl-Zeiss-Str. 3
D-07743 Jena
Germany

Alina Rusakova

University of Jena ( email )

Fürstengraben 1
Jena, 07743
Germany

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
39
Abstract Views
570
PlumX Metrics