The Family’s Financial Support as a “Poisoned Gift”: A Family Embeddedness Perspective on Entrepreneurial Intentions

Sieger, Philipp; Minola, Tommaso (2017). The Family’s Financial Support as a “Poisoned Gift”: A Family Embeddedness Perspective on Entrepreneurial Intentions. Journal of Small Business Management, 55(S1), pp. 179-204. Wiley 10.1111/jsbm.12273

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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.

Item Type:

Journal Article (Original Article)

Division/Institute:

03 Faculty of Business, Economics and Social Sciences > Department of Business Management > Institute of Innovation Management > Management

UniBE Contributor:

Sieger, Philipp

Subjects:

300 Social sciences, sociology & anthropology > 330 Economics
600 Technology > 650 Management & public relations

ISSN:

1540-627X

Publisher:

Wiley

Language:

English

Submitter:

Philipp Sieger

Date Deposited:

19 Jul 2016 09:50

Last Modified:

27 Oct 2019 06:17

Publisher DOI:

10.1111/jsbm.12273

Uncontrolled Keywords:

Entrepreneurial intentions, family embeddedness, financial support, GUESSS

BORIS DOI:

10.7892/boris.84180

URI:

https://boris.unibe.ch/id/eprint/84180

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