The Family's Financial Support as a "Poisoned Gift": A Family Embeddedness Perspective on Entrepreneurial Intentions

Item Type Journal paper
Abstract We argue that greater availability of financial support by the family for creating a new venture entails stronger financial and non-financial obligations. Cognizant of these obligations, potential founders anticipate negative performance implications for the planned firm and threats to the family system in the case of their non-fulfillment. We thus postulate that the formation of actual entrepreneurial intentions is less likely the greater the available financial support. We confirm this by studying a sample of 23,304 respondents from 19 countries and find the negative relationship to be dependent on family cohesion and on individual entrepreneurial self-efficacy.
Authors Sieger, Philipp & Minola, Tommaso
Projects Sieger, Philipp; Fueglistaller, Urs; Halter, Frank; Zellweger, Thomas; Bergmann, Heiko; Krueger, Norris & Ganter, Melanie (2005) GUESSS - Global University Entrepreneurial Spirit Students' Survey [fundamental research project] Official URL
Journal or Publication Title Journal of small business management : JSBM
Language English
Keywords Entrepreneurial intentions, family embeddedness, financial support
Subjects business studies
other research area
HSG Classification contribution to scientific community
Refereed Yes
Date December 2015
Publisher Wiley-Blackwell
Place of Publication Malden, Mass.
Volume 55
Number S1
Page Range 179-204
Number of Pages 40
ISSN 0047-2778
Publisher DOI
Depositing User Prof. Dr. Philipp Sieger
Date Deposited 12 Aug 2015 19:50
Last Modified 20 Jul 2022 17:25


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Sieger, Philipp & Minola, Tommaso (2015) The Family's Financial Support as a "Poisoned Gift": A Family Embeddedness Perspective on Entrepreneurial Intentions. Journal of small business management : JSBM, 55 (S1). 179-204. ISSN 0047-2778

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