<abstract xmlns="http://www.w3.org/1999/xhtml"><p>When confronted with career choice, students with family business background have a specific trilemma. Having an additional career alternative as a potential family business successor, makes their career choice decision more complex compared with their peers. The purpose of this paper is to investigate how entrepreneurial education, risk perception and skill mastering influence career choice intention of this specific group of students. We used a data set from GUESSS 2014 survey. Our sample includes students with family business background from 18 European countries. We used a multinomial logistic regression since our dependant variable has three categorical solutions (entrepreneur, employee and successor). Our findings may be used by consultants, education institutions and more importantly by parents which find themselves in a triple role of an entrepreneur, an owner and a parent.</p></abstract>

When confronted with career choice, students with family business background have a specific trilemma. Having an additional career alternative as a potential family business successor, makes their career choice decision more complex compared with their peers. The purpose of this paper is to investigate how entrepreneurial education, risk perception and skill mastering influence career choice intention of this specific group of students. We used a data set from GUESSS 2014 survey. Our sample includes students with family business background from 18 European countries. We used a multinomial logistic regression since our dependant variable has three categorical solutions (entrepreneur, employee and successor). Our findings may be used by consultants, education institutions and more importantly by parents which find themselves in a triple role of an entrepreneur, an owner and a parent.

The influence of entrepreneurial skills, education and risk perception on career choice intent: The case of European students with family business background

Research in Social Change

This work is licensed under the Creative Commons Attribution 4.0 International License.

When confronted with career choice, students with family business background have a specific trilemma. Having an additional career alternative as a potential...

	Career	Education	Skills	Risk perc.	Risk att.	gender	Study succ.
Career	1	0,053^**	0,118^**	-0,013	0,141^**	-0,058^**	-0,021^*
Education	0,053^**	1	0,385^**	0,001	0,220^**	-0,036^**	0,095^**
Skills	0,118^**	0,385^**	1	-0,057^**	0,470^**	-0,044^**	0,128^**
Risk perc.	-0,013	0,001	-0,057^**	1	-0,038^**	0,067^**	-0,006
Risk att.	0,141^**	0,220^**	0,470^**	-0,038^**	1	-0,107^**	0,053^**
gender	-0,058^**	-0,036^**	-0,044^**	0,067^**	-0,107^**	1	0,044^**
Study succ.	-0,021^*	0,095^**	0,128^**	-0,006	0,053^**	0,044^**	1

		N	Percentage
Dependand value	Employee	8.828	88,7%
	Entrepreneur	632	6,3%
	Successor	495	5,0%
Gender	Male	3.742	37,8%
Gender	Female	6.161	62,2%
All participants		9.955	100%

	Variable	Coefficient B	Significance
Employement	Intercept	3,748	0,000
	Entrepreneurial education	-0,071	0,040
	Entrepreneurial skills mastering	-0,240	0,000
	Risk perception	0,034	0,339
	Success during studies	0,160	0,000
	Risk attitude	-0,231	0,000
	Gender (male)	-0,209	0,027
New start-up	Intercept	-0,294	0,542
	Entrepreneurial education	-0,109	0,013
	Entrepreneurial skills mastering	-0,001	0,993
	Risk perception	0,063	0,169
	Success during studies	0,105	0,064
	Risk attitude	0,100	0,048
	Gender (male)	0,150	0,217

The influence of entrepreneurial skills, education and risk perception on career choice intent: The case of European students with family business background

Online veröffentlicht: 21. Juli 2021

Seitenbereich: 23 - 37

DOI: https://doi.org/10.2478/rsc-2020-0002

© 2020 Predrag Ljubotina, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Pearson's Correlations

descriptive statistics

regression coeficients