The Association of Parental Interest in Entrepreneurship to the Entrepreneurial Interest of Spanish Youth

Abstract

As entrepreneurial interest is believed to represent a causal factor increasing entrepreneurship, research has begun to explore how family systems affect youth entrepreneurial interests. In the present study, we attempt to identify different types of family influence on the entrepreneurial interests of young people. A questionnaire was used to obtain data from 1,633 Spanish youths, who were 15 to 18 years old, and another questionnaire was used to obtain data from 839 parents. Principal Component Analysis identified unique family types and revealed that they have differential associations to entrepreneurial interest among youths. These findings reaffirm the influence of family on the entrepreneurial ecosystem and the promotion of an entrepreneurial family cuture. This study further suggests that early attention should focus on the detection of entrepreneurial interest among youths so that actions can be implemented in the families of low-interest youths to incentivize an entrepreneurial family culture.

Entrepreneurship in Spain: An Analysis Based on GEI Model

“…There is a lack of public initiatives to solve problems of rural Spanish entrepreneurship, particularly in depopulated areas (López et al, 2019). Spain lacks the globallevel policies focused on the stimulation of entrepreneurial activity, as well as the elimination of barriers by offering grants and administrative process simplification (Luis-Rico et al, 2020).…”

“…During the consolidation of Spain's EE, structural weaknesses can be overcome through greater maturity (Peña-Legazkue et al, 2019). In the last couple of years, Spanish policies have paid attention towards encouraging entrepreneurship i.e., national policies have promoted entrepreneurship among school-going children and youth with schemes such as "Entrepreneurship in My School" and "Young European Company" targeting specifically to primary schooling and compulsory secondary schooling (Luis-Rico et al, 2020). The government of Spain announced several ways to provide liquidity support to self-employed and SMEs which includes a moratorium on social security obligation and tax debt, the opportunity to calculate taxes based on estimated current activity level instead of business volume in the year 2019, a deferral option for tax payment, a policy tool to provide guarantees for a public loan up to 13% of GDP.…”

Pengembangan Bisnis Berbasis Syariah: Studi Empiris Pada Entrepreneur Muda

“…Jiwa entreprenurship yang ada pada dalam diri mereka adalah sebuah potensi besar yang dapat berdampak besar bagi bangsa suatu saat nanti. Para generasi muda ini memiliki banyak ide dan mampu mengeksplorasi nya sehingga mampu menghasilkan inovasi yang menarik (Luis-Rico et al 2020).…”

UNDERSTANDING triggering skills for ENTREPRENEURS: The case of ESIC

“…When students’ families already have a business, graduates tend to be more optimistic ( Puri and Robinson, 2013 ). Another argument is the relevance of family involvement in executive management and generational transfer ( Sánchez, Carrasco, Danvila and Sastre, 2016 ), as well as the parental influence on entrepreneurial interests ( Schmitt-Rodermund, 2004 , 2007 ) ( Luis-Rico et al., 2020 ). Thus, we propose the following hypothesis:…”