Abstract
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.
Highlights
Career choice is a frequently investigated issue in recent years since our socio-economic environment becomes more and more complex
These studies are usually focused on two major alternatives: entrepreneurial career or an employment’s path. This approach, leaves a huge research gap when speaking about students with family business background. Their situation is different if compared with their peers, since they are confronted with a trilemma with an additional career alternative of accepting the role of a family business successor
In this paper we investigate the influence of entrepreneurial education, individual’s risk perception and individual’s skill mastering on European student’s, potential family business heir, career choice intention
Summary
Career choice is a frequently investigated issue in recent years since our socio-economic environment becomes more and more complex. Young people form an interesting investigation target group since they are close to making a career decision in such an environment. Previous studies confirmed that many factors shape individual’s career decision. These studies are usually focused on two major alternatives: entrepreneurial career or an employment’s path. This approach, leaves a huge research gap when speaking about students with family business background. Their situation is different if compared with their peers, since they are confronted with a trilemma with an additional career alternative of accepting the role of a family business successor.
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