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J Knowl Econ (2013) 4:244259
DOI 10.1007/s13132-013-0157-4
Francesco Campanella &
Maria Rosaria Della Peruta & Manlio Del Giudice
Received: 22 February 2013 /Accepted: 31 May 2013 / Published online: 21 June 2013# Springer Science+Business Media New York 2013
Abstract Entrepreneurship studies have tended to give primacy to specific human capital as being the primary determinant of the entrepreneurial choice. Several empirical studies show that in addition to prior parental experience of entrepreneurship, formal education plays a considerable role in developing entrepreneurial activity. However, providing the necessary start-up support infrastructure is also a key element to creating successful businesses. Finally, recognition of how specific components of young entrepreneurial vocation significantly influence funding relationship offers sizable diagnostic power for future entrepreneurship behavior. Taking its starting point from recent research, the proposed study aims at finding empirical validation of research propositions formulated through the construction and the development of an innovative model able to understand the complex process leading university graduates to become advance entrepreneur. The results of the study raise important questions about the identification of potentially influential factors to encourage entrepreneurship among young graduates and the appropriate mechanisms to provide entrepreneurial graduates the chance to achieve entrepreneurial development.
Keywords Graduate entrepreneurship . Academic education path . Family background . University infrastructure . Innovation . Funding relationship
F. Campanella : M. R. Della Peruta (*) : M. Del GiudiceDepartment of Economics, Second University of Naples, Corso Granpriorato di Malta 1, I, 81043 Capua, Italye-mail: [email protected]
F. Campanellae-mail: [email protected]
M. Del Giudicee-mail: [email protected]
The Role of Sociocultural Backgroundon the Characteristics and the Financing of Youth Entrepreneurship. An Exploratory Studyof University Graduates in Italy
J Knowl Econ (2013) 4:244259 245
Introduction
University graduates have enormous potential for becoming entrepreneurs (Herrmann et al. 2008; Black and Smith 2004, 2006; Blanchflower 2000; Blanchflower and Oswald 1998; Bratti 2002; Braunerhjelm 2010). Becoming an entrepreneur is the result of a personal decision-making process in which one assesses opportunities and orients motivations (Doms et al. 2010; Evans and Leighton 1989; Gilad and Levine 1986; Gold et al. 2011). Motivated people need the right set of skills to identify entrepreneurial opportunities and to turn their entrepreneurial projects into successful ventures (Chevalier and Conlon 2003; Falck and Woessmann 2010; Folta et al. 2010; Fox 1993)....