Entrepreneurship among parents

Abstract

The present study investigates the relationship between the number of children in the household and mothers and fathers’ propensity to become and remain owners of limited liability businesses. We started by identifying all full-time employed taxpayers in Norway in 2004 between 25 and 50 years of age. In this study, we look at the relationship between the number of children in the household and the propensity of these non-entrepreneurs to become and remain business owners from 2005 to 2016. For both sexes, the results show a positive and linear relationship between the number of children at home and business ownership and a U-shaped relationship between the size of the household brood and exit from business ownership.