Family business background, perceptions of barriers, and entrepreneurial intentions in Cyprus

Athanasios Hadjimanolis and Panikkos Poutziouris

International Journal of Entrepreneurial Venturing, 2011, vol. 3, issue 2, 168-182

Abstract: This paper investigates the influence of family business background, contextual barriers, and socio-demographic variables on career decisions, such as starting a new business or joining the family firm. A survey of 167 respondents was used embracing the two main communities of Cyprus, Greek and Turkish Cypriots. There is a low, but statistically significant, correlation between a family business background and the intention to start a new business. Entrepreneurial education is not correlated, while entrepreneurial self-efficacy has a positive correlation with the intention to start a new business. Factor analysis of perceived barriers to entrepreneurship identified six major underlying factors and correlated factor scores with the decision to start a new business or join the family business. Factor scores were not found to be significantly correlated with these decisions. Gender and entrepreneurial self-efficacy are not correlated with the decision to join the family business.

Keywords: entrepreneurial intentions; family businesses; Cyprus; business backgrounds; contextual barriers; socio-demographic variables; career decisions; new businesses; family firms; Greek Cypriots; Turkish Cypriots; entrepreneurial education; self-efficacy; factor analysis; perceived barriers; correlated factor scores; gender; entrepreneurial venturing; business ventures; entrepreneurs; entrepreneurship; entrepreneurialism. (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijeven:v:3:y:2011:i:2:p:168-182

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