The Family's Financial Support as a "Poisoned Gift": A Family Embeddedness Perspective on Entrepreneurial Intentions
Journal
Journal of small business management : JSBM
ISSN
0047-2778
Type
journal article
Date Issued
2015-12
Author(s)
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.
Language
English
Keywords
Entrepreneurial intentions
family embeddedness
financial support
HSG Classification
contribution to scientific community
Refereed
Yes
Publisher
Wiley-Blackwell
Publisher place
Malden, Mass.
Volume
55
Number
S1
Start page
179
End page
204
Pages
40
Subject(s)
Division(s)
Eprints ID
243168
File(s)![Thumbnail Image]()
open.access
Name
Sieger & Minola_JSBM_2015.pdf
Size
408.9 KB
Format
Adobe PDF
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