2015
DOI: 10.1108/neje-18-02-2015-b003
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The differing impact of household income on firm emergence by heterogeneous start-up configuration

Abstract: Using the Panel Study of Entrepreneurial Dynamics II dataset, we examine the role that household income plays in the emergence of consumer-oriented start-ups by individual (solo), family-based (family), and non-family based start-ups (team). In particular, we address the research question: Does household income impact firm emergence, and if so, is emergence impacted differently based on start-up configuration? Our results indicate that household income does have a significant impact on average firm emergence, … Show more

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Cited by 2 publications
(2 citation statements)
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“…The cluster also focuses on “feasibility analysis” involving “planning and research” for “new venture launch” of “nonprofit enterprise” or “nonprofit entrepreneurship” (Berry, 2017). Family business is investigated in relation to “financial resources” and involves the “start-up process” with “teams” (Nunez, 2015).…”
Section: Science Mappingmentioning
confidence: 99%
“…The cluster also focuses on “feasibility analysis” involving “planning and research” for “new venture launch” of “nonprofit enterprise” or “nonprofit entrepreneurship” (Berry, 2017). Family business is investigated in relation to “financial resources” and involves the “start-up process” with “teams” (Nunez, 2015).…”
Section: Science Mappingmentioning
confidence: 99%
“…These findings may be related to start-up configurations. Some studies revealed that entrepreneurs who engage in start-ups in cooperation with other individuals creating start-up teams have greater access to variety of attractive financing options than the amount of options available to other firms' configurations (solo entrepreneurs and family start-ups) and may rely less on household income (Nunez, 2015). Furthermore, in Bosnia and Herzegovina personal resources are very low, so many potential entrepreneurs often use outside debt and equity financing as alternatives to personal savings.…”
Section: Source: Authors' Calculationmentioning
confidence: 99%