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.
