Stefan Schneck

Work in progress

The origins of entrepreneurship: How parental role models and socialization shape later entrepreneurial intentions

The willingness to take risks and entrepreneurial intentions are important predictors of entrepreneurship and self-employment. Parents shape their offspring's risk attitudes from an early age and may also implement specific child-rearing practices related to the degree of risk avoidance. We examine the relationship between child-rearing policies of parents, their employment status, and entrepreneurial intentions among adolescents. We present evidence in favor of a moderation effect between parental role modeling and socialization. An adolescent's willingness to become self-employed in the future is affected by parental role models and amplified by socialization practices.

--> GLO Discussion Paper No 1678 or SOEPpapers No. 1233

--> current version available upon request

A research note on: Passion for work, but tensions at home? The effect of self-employment in double-earner households (with Michael Cao)

In this note, we examine the effects of passion for work on tensions in relationships with unique German panel data designed to study family dynamics, where 20% of more than 4,000 respondents in double-earner relationships reported that their relationship was in trouble. Our estimates show that respondent employment status is not significantly related to tensions. However, having a self-employed partner has tensive effects on the partnership, a negative effect which can be attributed to the partner's passion for work. This research note calls for attention to partners' roles in the family context and reveals a potential dark side of self-employment.

Tensions between partners: A research agenda to examine dark sides of self-employment

We show that own employment status is uncorrelated with tensions in relationships. However, the partner’s employment status matters significantly. Having a self-employed partner is significantly related to tensions. In this paper, we discuss this finding and propose a research agenda that considers the family embeddedness of entrepreneurship.

The entrepreneurial household: New insights, developments, and trends

I am also interested in trends and developments with a focus on entrepreneurial households. Since self-employment is inherently risky, I analyze, for example, whether partners are more likely to work in relatively stable employment relationships or whether partners work in different sectors to reduce labor-related risks. Moreover, I analyze whether the allocation of working time across partners within households changed over time. Furthermore, I investigate the transmission of entrepreneurship to the next generation. In this regard, I examine whether children in entrepreneurial households experience conflicts with their parents or due to their parents' behavior.

The social structuration of business exit (with Peter Kranzusch and Isabell Stamm)

Promoted in the business press are business exits with sales prizes of multiple millions and home stories of the now cash-rich business owners. Presented are images of mostly men in front of yachts, villas, or tranquil islands, which shall symbolize the wealth possible through business sales. The focus on highly profitable sales, however, overshadows the variances of returns achieved through selling a business, which ranges from losses to the few outliers far removed from the average sales profits. With German tax data, we shed light on the returns to sales of businesses of all owners.

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