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Who Becomes a Business Owner in High-inequality Regimes? The Conditioning Effect of Economic Inequality on the Impact of Individual Educational and Financial Endowment on Entrepreneurship
Social Currents ( IF 1.8 ) Pub Date : 2019-12-02 , DOI: 10.1177/2329496519889037
Daniel Auguste 1
Affiliation  

Research has shown that individual educational and financial endowments are key indicators of their potential for entrepreneurial entry and success. At the same time, scholars have shown that economic inequality undermines educational development while increasing financial precarity. Yet, we know little about the extent to which economic inequality may condition how education and income affect an individual’s entrepreneurial experience. In this article, we present a mixed-effect analysis using data from 50 countries that shows that economic inequality diminishes the importance of an individual’s education and income on entrepreneurial entry. This effect is larger for higher education and income individuals than those in the bottom of the educational and income strata. In addition, inequality increases the likelihood that an individual would undertake entrepreneurial activities as a last resort, particularly individuals in low-education strata. These results suggest that under high-inequality regimes, entrepreneurship may be a sign of economic insecurity and inefficiency, and highlight the need for scholars to pay greater attention to understanding the structural forces that facilitate entrepreneurship development.

中文翻译:

谁成为高不平等制度下的企业主?经济不平等对个人教育和财政End赋对创业的影响的条件效应

研究表明,个人的教育和财政end赋是其创业和成功潜力的关键指标。同时,学者表明,经济不平等破坏了教育发展,同时增加了金融不稳定。然而,我们对经济不平等可能在多大程度上限制教育和收入如何影响个人的创业经验的了解很少。在本文中,我们使用来自50个国家/地区的数据进行了混合效应分析,结果表明经济不平等减少了个人的教育和收入对创业者进入的重要性。对于高等教育和收入较高的个人而言,这种影响要大于教育和收入较低阶层的人。此外,不平等增加了个人作为不得已而从事创业活动的可能性,特别是处于低学历阶层的个人。这些结果表明,在高度不平等的制度下,企业家精神可能是经济不安全和效率低下的标志,并突显了学者们需要更多地关注促进企业家精神发展的结构性力量的必要性。
更新日期:2019-12-02
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