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The Impact of Cultural Capital on Development of Entrepreneurship in Wales
Administrative Sciences, Volume: 11, Issue: 4, Start page: 152
Swansea University Author: Balaussa Shaimakhanova
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© 2021 by the author. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license.
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DOI (Published version): 10.3390/admsci11040152
Abstract
The focus of this paper is the impact of parental cultural capital on offspring’s occupational choice in relation to entrepreneurship. Despite growing interest to cultural motives for entrepreneurship on an individual level, few studies link these two domains empirically. This study follows the Cult...
Published in: | Administrative Sciences |
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ISSN: | N/A 2076-3387 |
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Basel, Switzerland
MDPI AG
2021
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URI: | https://cronfa.swan.ac.uk/Record/cronfa67476 |
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v2 67476 2024-08-28 The Impact of Cultural Capital on Development of Entrepreneurship in Wales 1dcbff22f14684746efc80f169804d2c Balaussa Shaimakhanova Balaussa Shaimakhanova true false 2024-08-28 CBAE The focus of this paper is the impact of parental cultural capital on offspring’s occupational choice in relation to entrepreneurship. Despite growing interest to cultural motives for entrepreneurship on an individual level, few studies link these two domains empirically. This study follows the Culture Based Development research paradigm (CBD) developed by Tubadji and explores how culture influences occupational choices of school graduates during school-to-work transition. The main hypothesis of this paper is that sons of entrepreneurs are more likely to choose transitions into entrepreneurship after graduating school. I test three hypotheses on a unique historic dataset from Wales, UK, employing Probit analysis. I found a significant correlation between entrepreneurial background of father and son’s entrepreneurial entry. Poor socio-economic status of a father is also a predictor of entry into entrepreneurship of their son, motivated by necessity. The findings of this research contributed to the applicability of CBD to a historic dataset of earlier periods to capture a significant cultural impact on entrepreneurship development in Wales, UK. Journal Article Administrative Sciences 11 4 152 MDPI AG Basel, Switzerland N/A 2076-3387 cultural capital; entrepreneurship; Culture Based Development; culture 13 12 2021 2021-12-13 10.3390/admsci11040152 COLLEGE NANME Management School COLLEGE CODE CBAE Swansea University Not Required This research received no external funding. 2024-09-19T15:04:38.0541679 2024-08-28T13:36:49.1209178 Faculty of Humanities and Social Sciences School of Management - Business Management Balaussa Shaimakhanova 1 67476__31392__98bb10ffd8874f40881808ed6d448339.pdf 67476.VoR.pdf 2024-09-19T15:03:15.5736682 Output 1126958 application/pdf Version of Record true © 2021 by the author. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license. true eng https://creativecommons.org/licenses/by/4.0/ |
title |
The Impact of Cultural Capital on Development of Entrepreneurship in Wales |
spellingShingle |
The Impact of Cultural Capital on Development of Entrepreneurship in Wales Balaussa Shaimakhanova |
title_short |
The Impact of Cultural Capital on Development of Entrepreneurship in Wales |
title_full |
The Impact of Cultural Capital on Development of Entrepreneurship in Wales |
title_fullStr |
The Impact of Cultural Capital on Development of Entrepreneurship in Wales |
title_full_unstemmed |
The Impact of Cultural Capital on Development of Entrepreneurship in Wales |
title_sort |
The Impact of Cultural Capital on Development of Entrepreneurship in Wales |
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1dcbff22f14684746efc80f169804d2c |
author_id_fullname_str_mv |
1dcbff22f14684746efc80f169804d2c_***_Balaussa Shaimakhanova |
author |
Balaussa Shaimakhanova |
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Balaussa Shaimakhanova |
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Journal article |
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Administrative Sciences |
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11 |
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4 |
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152 |
publishDate |
2021 |
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Swansea University |
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N/A 2076-3387 |
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10.3390/admsci11040152 |
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MDPI AG |
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Faculty of Humanities and Social Sciences |
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Faculty of Humanities and Social Sciences |
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School of Management - Business Management{{{_:::_}}}Faculty of Humanities and Social Sciences{{{_:::_}}}School of Management - Business Management |
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description |
The focus of this paper is the impact of parental cultural capital on offspring’s occupational choice in relation to entrepreneurship. Despite growing interest to cultural motives for entrepreneurship on an individual level, few studies link these two domains empirically. This study follows the Culture Based Development research paradigm (CBD) developed by Tubadji and explores how culture influences occupational choices of school graduates during school-to-work transition. The main hypothesis of this paper is that sons of entrepreneurs are more likely to choose transitions into entrepreneurship after graduating school. I test three hypotheses on a unique historic dataset from Wales, UK, employing Probit analysis. I found a significant correlation between entrepreneurial background of father and son’s entrepreneurial entry. Poor socio-economic status of a father is also a predictor of entry into entrepreneurship of their son, motivated by necessity. The findings of this research contributed to the applicability of CBD to a historic dataset of earlier periods to capture a significant cultural impact on entrepreneurship development in Wales, UK. |
published_date |
2021-12-13T15:04:38Z |
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1810633513423077376 |
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11.028798 |