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Born Entrepreneurs?


Enterprise -- In Box

BORN ENTREPRENEURS?

New research confirms what many business owners suspected: Entrepreneurs breed entrepreneurs. Syracuse University economists Thomas A. Dunn and Douglas Holtz-Eakin find self-employed parents about three times more likely to produce self-employed children. Inheriting a business helps. Also, self-employed parents tend toward affluence, so junior's startup might get a boost. Leave out those factors, and business owners' offspring still are twice as likely to employ themselves. The key factor? Role modeling, right down to gender. Boys do as Dad did, girls tend to follow Mom.EDITED BY I. JEANNE DUGANReturn to top

TABLE

My Folks Had a Business

Percentage of men self-employed* at least once whose....

-- Father was self-employed at least once: 32%

-- Father was never self-employed: 12%

-- Mother was self-employed at least once: 19%

-- Mother was never self employed: 13%

*Between the ages of 14 and 39, after completing school

DATA: NATIONAL LONGITUDINAL SURVEY; DUNN AND HOLTZ-EAKIN, SYRACUSE UNIVERSITYReturn to top


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