Impact of childhood experiences on the development of entrepreneurial intentions

Author: Drennan Judy   Kennedy Jessica   Renfrow Patty  

Publisher: IP Publishing Ltd

ISSN: 1465-7503

Source: The International Journal of Entrepreneurship and Innovation, Vol.6, Iss.4, 2005-11, pp. : 231-238

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Abstract

Fostering entrepreneurship and an entrepreneurial culture has become a key policy priority for governments. To encourage entrepreneurship and an entrepreneurial culture, however, there is a need to understand the factors that influence and shape individuals' intentions to start a business. This study extends models of entrepreneurial intentions by investigating the influence of various childhood-experience factors on the perceived feasibility and desirability of starting a business. A structured questionnaire was completed by over 1,000 university students and analysed using regression analysis. Results indicated that perceptions of entrepreneurship were influenced not only by parental ownership of a business, but also by a difficult childhood and frequent relocation.