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SUCCESSFUL ENTREPRENEURS BUILD UP THROUGH FAMILY OCCUPATION -AN INVESTIGATION

SUMMARY

The successful entrepreneur builds up through family occupation. Family is the most important institution enabling one's awareness about entrepreneurship. The study attempts to probe how family background influences the entrepreneurial orientation among the potential entrepreneurs. A sample of 200 final year postgraduate management students were selected randomly and served with a schedule of four statements to be marked on Likert scale. The responses are tested with ANOVA and post-hoc test for observing variance between the three groups. The family occupational background emerges to be a critical determinant of entrepreneuril foresight in particular and entrepreneurial orientation in general.

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