Chapter 2: Family Ties Shaping the Entrepreneurial Intentions

The study of entrepreneurship has advanced quickly in recent decades; however, despite its extraordinary importance, the information on the influence of family on entrepreneurial intentions remains fragmented and hard to compare. Therefore, the main objective of this chapter is to give readers a thorough grasp of family enterprises’ entrepreneurial aspirations. It will also assess how previous experience in family businesses affects one’s ambition to start their own firm. For this matter, the authors will use data acquired from the GUESSS (Global University Entrepreneurial Spirit Students’ Survey), the survey carried out among college students in different Balkan countries: North Macedonia, Albania, Greece, Croatia, and Bulgaria. The reader will be introduced to the up-to-date scientific research in the area of entrepreneurial intentions, through receiving an increased understanding of whether the role of parents has influence over the entrepreneurial intentions of their offspring.