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Persistence Decisions: It’s Not Just About the Money

Dalong Ma, E. Shaunn Mattingly, Trayan N. Kushev, Manju K. Ahuja and Andrew S. Manikas

Journal of Entrepreneurship and Innovation in Emerging Economies, 2019, vol. 28, issue 1, 121-143

Abstract: Drawing on threshold theory, we examine the effects of attributes of alternative opportunities on persistence decisions of family business entrepreneurs. The results of our conjoint experiment show that: (a) family business entrepreneurs are generally more persistent than other entrepreneurs and (b) family business entrepreneurs focus more on non-financial benefits than other entrepreneurs. Our study contributes to persistence literature within the family business context and provides a good basis for how family business literature can benefit from multi-level theoretical and empirical modelling.

Keywords: Family business entrepreneur; entrepreneurial persistence; non-financial benefits; conjoint experiment (search for similar items in EconPapers)
Date: 2019
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DOI: 10.1177/0971355718810575

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