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In this study I analyze the impact that family business ownership has on the tendency of individuals to identify as being entrepreneurial. Drawing data from the 1979 cohort of the National Longitudinal Survey of Youth, I use two-sample t-tests and logistic regression models to explore the relationship between personal entrepreneurial aspirations and having come from an environment involving a family business. As part of this analysis, I control for several demographic factors, such as cognition, gender, and ethnicity. The outcomes from this research highlight the importance of family business as a key factor in fostering entrepreneurial mindsets, suggesting that the experiences and cultural context provided by family-owned enterprises are instrumental in encouraging future generations of entrepreneurship.

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The Impact of Family Business Ownership and Involvement on Entrepreneurial Self-Identification