The impact of family support on young nascent entrepreneurs's start-up activities: A family embeddedness perspective

T. Manolova, Galina Shirokova, T. Tsukanova and L. Edelman

No 6381, Working Papers from Graduate School of Management, St. Petersburg State University

Abstract: In this paper we explore the factors associated with the scope of start-up activities among young nascent entrepreneurs. Taking a family embeddedness perspective, and drawing on literature from nascent entrepreneurship, start-up activities, and student entrepreneurship, we hypothesize that the scope of start-up activities of young nascent student entrepreneurs is positively associated with family support in the form of different types of family capital; financial, social, human, and physical. We further argue that the effect of family support on young nascent entrepreneurs' start-up activities is positively moderated by the level of family co-hesiveness. We test our hypotheses using data from the 2011 Global University Entrepreneurial Spirit Students Survey (GUESSS) which covers 93,625 students from 26 countries. We find that the effects of family support on young nascent entrepreneurs' start-up activity are complex and multi-faceted. Implications for theory, public policy, and managerial practice are discussed.

Keywords: nascent entrepreneurs; family capital; student entrepreneurship; start-up activities; embeddedness; cohesiveness; GUESSS Study (search for similar items in EconPapers)
Date: 2014
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