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Abstract <p>Drawing on post-traumatic growth (PTG) theory as an overarching framework, we document the long-term effects of childhood exposure to natural disasters on entrepreneurship in adulthood. Using longitudinal data spanning childhood to adulthood and county-level disaster data, we find that severe disaster exposure in childhood positively influences both business ownership and serial business ownership in adulthood. Additionally, childhood social support from parents and friends positively moderates the relationship between severe disaster exposure and serial business ownership. Consistent with PTG theory, the strongest effects appear among those with severe disaster exposure in childhood, but not among very young children who lack the cognitive sophistication to process and grow from such trauma.</p>

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Childhood exposure to natural disasters and future entrepreneurship in adulthood

  • 期刊论文

  • 发表日期：

    2026年1月10日

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  • Nathan Sidney Greidanus,
  • Chi Liao

摘要

Abstract

Drawing on post-traumatic growth (PTG) theory as an overarching framework, we document the long-term effects of childhood exposure to natural disasters on entrepreneurship in adulthood. Using longitudinal data spanning childhood to adulthood and county-level disaster data, we find that severe disaster exposure in childhood positively influences both business ownership and serial business ownership in adulthood. Additionally, childhood social support from parents and friends positively moderates the relationship between severe disaster exposure and serial business ownership. Consistent with PTG theory, the strongest effects appear among those with severe disaster exposure in childhood, but not among very young children who lack the cognitive sophistication to process and grow from such trauma.