Founding a business inspired by close entrepreneurial ties

Does it matter for survival?

Jeroen de Jong, O Marsili

Research output: Contribution to journalArticle

8 Citations (Scopus)

Abstract

Founding a business may be inspired by close entrepreneurial ties, that is, business-owning relatives or friends. We analyze if and when such inspiration is associated with post-entry survival. Drawing on longitudinal data on 942 founders, we find a positive relationship only if founders start by taking over an existing business, or spend considerable time at start-up. Moreover, the impact of close tie inspiration is negative for founders with prior entrepreneurial experience, revealing a dark side to serial entrepreneurship. Our findings show that new firm survival can be better understood by modeling contingency variables.
Original languageEnglish
Pages (from-to)1005-1025
Number of pages21
JournalEntrepreneurship, Theory and Practice
Volume39
Issue number5
Early online date6 Dec 2013
DOIs
Publication statusPublished - Sep 2015

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New firms
Longitudinal data
Start-up
Entrepreneurship
Serials
Contingency
Firm survival
Modeling

Cite this

Founding a business inspired by close entrepreneurial ties : Does it matter for survival? / de Jong, Jeroen; Marsili, O.

In: Entrepreneurship, Theory and Practice, Vol. 39, No. 5, 09.2015, p. 1005-1025.

Research output: Contribution to journalArticle

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