Using a life course perspective, we develop a theoretical model of how parents can influence their children's propensity to enter self-employment. We draw on the sociological, economic, psychological, and behavioral genetics literatures to develop a model in which parental influence occurs in...

The environment for business creation is central to economic policy, as entrepreneurs are believed to be forces of innovation, employment and economic dynamism. We use data from the National Longitudinal Surveys (NLS) to investigate the relative importance of financial and human capital...