Parental role models and the decision to become self-employed: The moderating effect of personality |
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| Authors: | Simone Chlosta Holger Patzelt Sabine B Klein Christian Dormann |
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| Institution: | (1) European Business School, European Family Business Center, Rheingau Palais, Soehnleinstrasse 8/D, 65201 Wiesbaden, Germany;(2) Max-Planck-Institute of Economics, Kahlaische Strasse 10, 07745 Jena, Germany;(3) WHU Otto Beisheim School of Management, INTES Institute of Family Business, Burgplatz 2, 56179 Vallendar, Germany;(4) Department for Work, Organizational, and Economic Psychology, Johannes Gutenberg University Mainz, Wallstrasse 3, 55099 Mainz, Germany |
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| Abstract: | This paper uses social learning theory to examine the influence of parental role models in entrepreneurial families. We distinguish
between paternal and maternal role models and investigate how their influence on offsprings’ decision to become self-employed
is moderated by personality, specifically the offsprings’ openness. We use data on 461 alumni from eight German universities.
Our results show not only that the presence of a parental role model increases the likelihood that individuals become self-employed,
but that the influence of role models also depends on the individual’s openness. We discuss the implications of our findings
for research on entrepreneurial families, role models, and the psychology of the entrepreneur. |
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