Who Becomes a Successful Entrepreneur? The Role of Early Industry Exposure
研究发现近75%的男性企业家在父亲曾工作的行业创业,且这些企业平均表现更好,更可能成为成功案例,原因可能是成长中从父母处获得行业知识。
Abstract We consider the role of parental influence on the industry choice of entrepreneurs and the success of their ventures. Almost 75% of male entrepreneurs start a firm in an industry that is the same or closely related to their father’s industry of employment. Ventures started by same-industry entrepreneurs have superior mean outcomes and higher propensity to be positive outliers. The patterns cannot be explained by parents helping out or by inherited intrinsic abilities. We argue that entrepreneurs appear to obtain industry knowledge through interacting with parents during upbringing, or “dinner table human capital”.