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The Impact of Family Income Classes on Entrepreneurial Decisions in Taiwan
|Keywords:||家庭所得階層 ;創業 ;階級流動 ;臺灣 |
income class ;entrepreneurs ;social mobility ;Taiwan
|Issue Date:||2021-06-17 14:12:20 (UTC+8)|
Previous studies have shown that the majority of entrepreneurs in earlier periods of Taiwan came from low-income families. However, as the economic conditions have improved, an increasing number of people aim at market opportunities and choose to be entrepreneurs to seize the opportunities. People from higher income classes usually have more advantages in this new type of entrepreneurial activities. Therefore, this paper re-examines empirically the relationship between income classes and entrepreneurial decisions. Moreover, we also examine the choice of industries of entrepreneurs from different income classes and whether starting a business provides an opportunity of upward social mobility. The results show that individuals from higher income classes are more likely to become entrepreneurs, and that entrepreneurs from higher income classes are more likely to enter industries with higher entry barriers. The results also show that starting a business has significant impacts on social mobility, providing a channel for upward social mobility.
|Relation:||人文與社會科學集刊, 32卷1期, pp.39-79|
|Appears in Collections:||[經濟學系] 期刊論文|
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