Socialist Heritage and the Opinion on Entrepreneurs: Micro-Level Evidence from Europe

Die Betriebswirtschaft, Forthcoming

44 Pages Posted: 11 Jun 2014 Last revised: 28 Jun 2015

See all articles by Axel F. A. Adam-Muller

Axel F. A. Adam-Muller

University of Trier, Fachbereich IV - BWL

René Andres

University of Trier - Faculty of Management

Jorn H. Block

University of Trier - Faculty of Management; Erasmus University Rotterdam (EUR) - Institute of Management (ERIM)

Christian Fisch

University of Trier - Faculty of Management; Erasmus University Rotterdam (EUR) - Department of Applied Economics; Erasmus Research Institute of Management (ERIM)

Date Written: June 9, 2014

Abstract

What factors shape an individual’s opinion on entrepreneurs? How do these factors differ across countries? This paper analyzes the relationship between socialist history and individuals’ opinions on entrepreneurs. Using a large-scale micro-level dataset from 30 European countries, we find that individuals from countries with a socialist history have a more negative opinion on entrepreneurs. This negative effect is less pronounced for individuals that are younger, better educated and have self-employed parents. Our paper makes two contributions: First, it provides empirical evidence on the determinants of individuals’ opinion on entrepreneurs. Second, it contributes to the understanding of entrepreneurship in former socialist countries.

Keywords: Opinion on entrepreneurs, socialist heritage, multi-level regression, attitude towards entrepreneurs

JEL Classification: L26, N34, P20, C31

Suggested Citation

Adam-Muller, Axel F. A. and Andres, René and Block, Jorn Hendrich and Fisch, Christian, Socialist Heritage and the Opinion on Entrepreneurs: Micro-Level Evidence from Europe (June 9, 2014). Die Betriebswirtschaft, Forthcoming. Available at SSRN: https://ssrn.com/abstract=2447652 or http://dx.doi.org/10.2139/ssrn.2447652

Axel F. A. Adam-Muller (Contact Author)

University of Trier, Fachbereich IV - BWL ( email )

Trier, D-54296
Germany
+49-651-2012725 (Phone)
+49-651-201-3841 (Fax)

HOME PAGE: http://finance.uni-trier,de

René Andres

University of Trier - Faculty of Management ( email )

Germany

Jorn Hendrich Block

University of Trier - Faculty of Management ( email )

D-54296
Germany

Erasmus University Rotterdam (EUR) - Institute of Management (ERIM) ( email )

Burgemeester Oudlaan 50
3000 DR Rotterdam, Zuid-Holland 3062PA
Netherlands

Christian Fisch

University of Trier - Faculty of Management ( email )

Universitätring 15
Trier, 54296
Germany
0049 651 2013033 (Phone)

HOME PAGE: http://www.unternehmensfuehrung.uni-trier.de

Erasmus University Rotterdam (EUR) - Department of Applied Economics ( email )

Netherlands

Erasmus Research Institute of Management (ERIM) ( email )

P.O. Box 1738
3000 DR Rotterdam
Netherlands

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