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.
The self-employed are their own bosses and make independent decisions on how to achieve their goals. We ask if the self-employed not only make professional decisions but also interfere in the private decisions of their partners. Using German panel data designed to study intimate relationships, we show a positive relationship between complaints about interference and the self-employment status of partners, which indicates that the self-employed dominate in business and private life. Estimates also reveal that tensions are more commonly reported by respondents with self-employed partners. Moreover, we show that partners exercising control over their partners are a major source of conflicts at home. The significant effect of having a self-employed partner can be attributed to the degree of governance the partner exercises over the respondent's life. This study is the first to suggest that decision autonomy in the work sphere is associated with dominance in private life, harming relationships.
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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.
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.
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 examine whether the allocation of working time across partners within households changed over time.
Furthermore, I examine the transmission of entrepreneurship to the next generation. In this regard, I examine whether children in entrepreneurial households suffer from conflicts of their parents or their parents' behavior.
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.