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Fostering Youth Entrepreneurship: Preliminary Findings From the Young Entrepreneurs Study
Author(s) -
Geldhof G. John,
Porter Tenelle,
Weiner Michelle B.,
Malin Heather,
Bronk Kendall C.,
Agans Jennifer P.,
Mueller Megan,
Damon William,
Lerner Richard M.
Publication year - 2014
Publication title -
journal of research on adolescence
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.342
H-Index - 95
eISSN - 1532-7795
pISSN - 1050-8392
DOI - 10.1111/jora.12086
Subject(s) - entrepreneurship , psychology , set (abstract data type) , action (physics) , future orientation , qualitative research , qualitative property , new ventures , developmental psychology , social psychology , sociology , business , finance , social science , physics , quantum mechanics , machine learning , computer science , programming language
Entrepreneurship offers a viable and proven pathway to economic growth and personal fulfillment. However, the number of individuals engaged in entrepreneurial behaviors remains low. This discrepancy between entrepreneurial attitudes and action underscores the need for programs that foster the development of entrepreneurship in today's youth. We argue that a relational developmental systems approach can help researchers understand and facilitate the development of entrepreneurship. In this study, we triangulate across quantitative and qualitative data from the Y oung E ntrepreneurs S tudy, showing that self‐regulation skills, financial risk tolerance, innovation orientation, and the presence of entrepreneurial adults may be especially important for promoting entrepreneurial intent in older adolescents and young adults. We discuss limitations of the present data set and future directions for research.