Workplace Peers and Entrepreneurship
Harvard University - Entrepreneurial Management Unit
Stanford Graduate School of Business
March 10, 2009
Harvard Business School Entrepreneurial Management Working Paper No. 08-051
We examine whether the likelihood of entrepreneurial activity is related to the prior career experiences of an individual’s co-workers, using a unique matched employer-employee panel dataset. We argue that coworkers can increase the likelihood that an individual will perceive entrepreneurial opportunities as well as increase his or her motivation to pursue those opportunities. We find that an individual is more likely to become an entrepreneur if his or her co-workers have been entrepreneurs before. Peer influences also appear to be substitutes for other sources of entrepreneurial influence: we find that peer influences are strongest for those who have less exposure to entrepreneurship in other aspects of their lives.
Number of Pages in PDF File: 31working papers series
Date posted: January 17, 2008 ; Last revised: March 13, 2010
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