How Parental Influence Assures Start-up Success for First-Time Founders: German Evidence

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F24%3A43925120" target="_blank" >RIV/62156489:43110/24:43925120 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/62156489:43310/24:43925120

Výsledek na webu

<a href="https://www.afjbs.com/uploads/paper/42a0115cdde335eefa4c807787b70729.pdf" target="_blank" >https://www.afjbs.com/uploads/paper/42a0115cdde335eefa4c807787b70729.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

How Parental Influence Assures Start-up Success for First-Time Founders: German Evidence

Popis výsledku v původním jazyce

The aim of the paper is to explore the influence of parents on the development of traits and skills important for first-time entrepreneurs in Germany in order to evaluate how this parental influence affects the success of the entrepreneur. Mixed methodology was used for data collection and analysis - in-depth interviews with 20 first-time founders of German start-ups, and a survey questionnaire completed by 401 participants. Two hypotheses were tested, which related to personal traits for start-up founder success and to professional characteristics; in each case, the entrepreneurs provided a general ranking of characteristics, followed by a ranking of parental influence on the same traits. Our findings suggest that while parental influence might significantly shape their children&apos;s approach to entrepreneurship, its direct impact on business success is not conclusively evident. The results imply that educational bodies, policymakers, and practitioners in the entrepreneurial ecosystem could utilize these insights to better tailor support for start-up founders, e.g., creating specialized education programs or mentorship opportunities emphasizing the beneficial aspects of parental influence.

Název v anglickém jazyce

How Parental Influence Assures Start-up Success for First-Time Founders: German Evidence

Popis výsledku anglicky

The aim of the paper is to explore the influence of parents on the development of traits and skills important for first-time entrepreneurs in Germany in order to evaluate how this parental influence affects the success of the entrepreneur. Mixed methodology was used for data collection and analysis - in-depth interviews with 20 first-time founders of German start-ups, and a survey questionnaire completed by 401 participants. Two hypotheses were tested, which related to personal traits for start-up founder success and to professional characteristics; in each case, the entrepreneurs provided a general ranking of characteristics, followed by a ranking of parental influence on the same traits. Our findings suggest that while parental influence might significantly shape their children&apos;s approach to entrepreneurship, its direct impact on business success is not conclusively evident. The results imply that educational bodies, policymakers, and practitioners in the entrepreneurial ecosystem could utilize these insights to better tailor support for start-up founders, e.g., creating specialized education programs or mentorship opportunities emphasizing the beneficial aspects of parental influence.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

African Journal of Biological Sciences

ISSN

2663-2187

e-ISSN

2663-2187

Svazek periodika

6

Číslo periodika v rámci svazku

8

Stát vydavatele periodika

ZA - Jihoafrická republika

Počet stran výsledku

10

Strana od-do

62-71

Kód UT WoS článku

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EID výsledku v databázi Scopus

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