TY - JOUR
T1 - Founding a business inspired by close entrepreneurial ties
T2 - Does it matter for survival?
AU - de Jong, Jeroen
AU - Marsili, O
PY - 2015/9
Y1 - 2015/9
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=84889049896&partnerID=8YFLogxK
UR - http://dx.doi.org/10.1111/etap.12086
U2 - 10.1111/etap.12086
DO - 10.1111/etap.12086
M3 - Article
SN - 1042-2587
VL - 39
SP - 1005
EP - 1025
JO - Entrepreneurship, Theory and Practice
JF - Entrepreneurship, Theory and Practice
IS - 5
ER -