Data/hora: 16/06/2024 17:37:40

Provedor de dados: | 31
País: | United States
Título: | Families, Human Capital, and Small Business: Evidence from the Characteristics of Business Owners Survey
Autores: | Fairlie,   Robert W.; Robb,   Alicia.
Data: | 2006-01-27
Ano: | 2003
Palavras-chave: | Business outcomes; Self-employment; Entrepreneurship; Families; Human capital; Labor and Human Capital; M13; J24.
Resumo: | Using data from the confidential and restricted-access Characteristics of Business Owners (CBO) Survey, we provide some suggestive evidence on the causes of intergenerational links in business ownership and the related issue of how having a family business background affects small business outcomes.  Estimates from the CBO indicate that more than half of all business owners had a self-employed family member prior to starting their business.  Conditional on having a self-employed family member, less than 50 percent of small business owners worked in that family member's business.  In contrast, estimates from regression models conditioning on business ownership indicate that having a self-employed family member plays only a minor role in determining small business outcomes, whereas the business human capital acquired from prior work experience in a family member's business appears to be very important for business success.  Estimates from the CBO also indicate that only 1.6 percent of all small businesses are inherited suggesting that the role of business inheritances in determining intergenerational links in self-employment is limited at best.
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

19619

http://purl.umn.edu/28446

Editor: | AgEcon Search

Relação:

Yale University&gt;Economic Growth Center&gt;Center Discussion Papers

Center Discussion Paper No. 871

Formato:

34

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