The Financial Superiority of Cooperation in Household Entrepreneurship: Insights From the Chinese Household Financial Survey
Yixiao Nai,
Di Hu,
Fei Jin and
Beichen Liu
Managerial and Decision Economics, 2025, vol. 46, issue 4, 2603-2628
Abstract:
Teamwork is common in entrepreneurship, yet its impact on households remains underexplored. This study investigates the differences in household entrepreneurship outcomes between cooperative and solo ventures. The findings reveal that cooperative entrepreneurship significantly outperforms solo entrepreneurship in financial terms. Cooperative households, by substituting entrepreneurial resources, boost performance through resource sharing. Furthermore, cooperation enhances productivity in small‐scale ventures and in regions with strong legal frameworks, driving greater entrepreneurial success. Importantly, the primary motivation for household cooperation often lies in overcoming resource constraints. This paper offers innovative insights and practical strategies to address the resource limitations faced by household enterprises.
Date: 2025
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https://doi.org/10.1002/mde.4484
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Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:46:y:2025:i:4:p:2603-2628
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