Early Influences and Entrepreneurial Intent: Examining the Roles of Education, Experience, and Advice Networks
Abstract
The independent effects of education, personal experience, and advice networks in the development of new venture creation intent is of considerable interest to educators, researchers, practitioners, and policy makers. Little research, however, has systematically considered the possibility that the relative importance of these factors varies in the early stages of entrepreneurial intent formation. Using a unique dataset (n=963), this study investigates these key relationships at two different points in time. Our results suggest that personal start-up experience and advice networks are particularly influential on the formation of intent to start a new venture, and that a marked shift in significance occurs from the former to the latter.
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