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.

(2017). The family’s financial support as a “Poisoned Gift”: a family embeddedness perspective on entrepreneurial intentions [journal article - articolo]. In JOURNAL OF SMALL BUSINESS MANAGEMENT. Retrieved from http://hdl.handle.net/10446/51780

The family’s financial support as a “Poisoned Gift”: a family embeddedness perspective on entrepreneurial intentions

Minola, Tommaso
2017-12-01

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.
journal article - articolo
dic-2017
Sieger, Phillip; Minola, Tommaso
(2017). The family’s financial support as a “Poisoned Gift”: a family embeddedness perspective on entrepreneurial intentions [journal article - articolo]. In JOURNAL OF SMALL BUSINESS MANAGEMENT. Retrieved from http://hdl.handle.net/10446/51780
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