Occupational Mobility of Entrepreneur
Generally, occupational mobility means movement or changes in occupation. However, occupational mobility may take place in the following two forms.
- Intergeneration occupational movement: This is a movement of a son/daughter from the main occupation of his/her father.
- Intra-generation occupational movement: This is a movement or change in one’s own occupation during his/her occupational career.
This mobility may be horizontal when movement takes place between the occupational classes of equal rank, or vertical when such movement occurs between classes in equal ranks.
So, the occupational mobility of entrepreneurs means movement or changes in entrepreneurial occupations. Entrepreneurial outcomes are desirable for the growth of a society.
However, the following factors do cause occupational mobility of entrepreneurs:
- Freedom of choice,
- Efforts of an individual;
- Availability of opportunities and facilities;
- Caste (birth in a particular family);
- Political conditions.
So, these are the various factors that do cause the occupational mobility of entrepreneurs.
There are some factors inhibit occupational mobility. These factors are as follows:
- Caste system;
- The obligations of the caste system;
- Political conditions;
- Social changes;
- Economic changes;
- An attraction of family.
So, these are the various factors that inhibit/hinder/hamper mobility of entrepreneurs.