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Título : The impact of educational levels on formal and informal entrepreneurship
Autor : Jiménez Palmero, Alfredo
Palmero Cámara, María del Carmen
González Santos, Josefa
González Bernal, Jerónimo
Jiménez Eguizábal, Alfredo
Publicado en: BRQ Business Research Quarterly. 2015. V. 18, n. 3, p. 204–212
Editorial : Elsevier
Fecha de publicación : sep-2015
Resumen : This paper studies the impact of formal education on entrepreneurship rates. We propose that different levels of education not only vary between each other in terms of their impact, but also according to whether we analysis either formal or informal entrepreneurship. Our results show that tertiary education increases formal entrepreneurship as a consequence of the higher self-confidence, lower perceived risk and enhanced human capital. At the same time, tertiary education also has a negative effect on informal entrepreneurship as it increases awareness of and sensitivity to the possible negative repercussions of this kind of activities. In addition, we show that the impact of secondary education on formal entrepreneurship is positive as well, although in this case the effect on informal entrepreneurship is not significant. Even though secondary education also increases awareness of the potential negative repercussions of informal entrepreneurship, this effect is counteracted by a lack of management skills.
Palabras clave: Formal entrepreneurship
Informal entrepreneurship
Secondary education
Tertiary education
Education enrolment
URI : http://hdl.handle.net/10259/4389
Versión del editor: http://dx.doi.org/10.1016/j.brq.2015.02.002
Aparece en las colecciones: Artículos FORMADESA

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