RT info:eu-repo/semantics/article
T1 The impact of educational levels on formal and informal entrepreneurship
A1 Jiménez Palmero, Alfredo
A1 Palmero Cámara, María del Carmen
A1 González Santos, Josefa
A1 González Bernal, Jerónimo
A1 Jiménez Eguizábal, Alfredo
K1 Formal entrepreneurship
K1 Informal entrepreneurship
K1 Secondary education
K1 Tertiary education
K1 Education enrolment
K1 Education
K1 Educación
AB 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.
PB Elsevier
YR 2015
FD 2015-09
LK http://hdl.handle.net/10259/4389
UL http://hdl.handle.net/10259/4389
LA eng
NO Spanish Ministryof Economy and Competitiveness (Ref. EDU2012-39080-C07-06) and Caja de Burgos
DS Repositorio Institucional de la Universidad de Burgos
RD 24-nov-2024