Study: Hardship early in life increases entrepreneurship in adulthood
Hardship experienced in one’s younger days is never pleasant, but a new study by researchers from NUS Business School and Peking University found that hardship can make one more entrepreneurial in adulthood. However, this effect is more significant for men than for women. The research also has economic policy implications, highlighting how early life experience shapes risk tolerance and socioeconomic outcomes in adulthood.
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