Entrepreneurial Orientation and Family Background: A Correlation Analysis

Abstract

Entrepreneurial orientation is the individual's inclination to start new venture. In addition to an array of external factors, some socio-demographic characteristics such as family background, education, age, and sex influence the entrepreneurial activity. In terms of individual approach, demographic variables have an important role in being entrepreneurial. It is pertinent to analyse the entrepreneurial orientation of educated youth of India where the policy makers are looking upon the under- 25 population as the future pool of entrepreneurs and employment originators.