Answer:
Like other aspects, family background also affects the entreptrneurial behaviour of people as entrepreneurship directly depends on people and people are affected to big extent by the family background.
Explanation:
- According to the research statistics 25% of the variation in decisions of individuals to become employed to self is explained by family background and influence of the community.
- It also suggested that the entrepreneurship depends upon sibling correlation and shared genes.
- It is greatly affected by characteristics of parents and family members including sibling peer effects, income, education, self employment, neighbourhood effects and incorporation.