Search citation statements
Paper Sections
Citation Types
Year Published
Publication Types
Relationship
Authors
Journals
The influence of family support and psychological capital (PsyCap) is a topical discourse in entrepreneurship studies due to the unsupportive and turbulent environments most entrepreneurs operate in. However, studies concluding on the nature and direction of family support and PsyCap effects on start-up formation appear scant. This study aims to empirically examine family support effects on start-up formation with psychological capital (PsyCap) as a mediation factor. Specific emphasis was given to extended family support. The study utilized the partial least square (PLS) method for hypotheses testing with cross-sectional data collected from 261 randomly sampled trainees in an entrepreneurship training program organized by the Delta State Ministry of Youth Development. The PLS analysis showed that family support (β = 0.317, p = 0.000) and PsyCap (β = 0.202, p = 0.000) have a significant positive effect on start-up formation. The results proved that family support and PsyCap are valuable antecedent factors for positioning entrepreneurs to engage and thrive productively in the start-up formation process. Furthermore, PsyCap did not mediate the significant positive effect of family support on start-up formation (β = 0.235, p = 0.000; β = 0.103, p = 0.052). This result demonstrates that family support may not be enough for PsyCap to transmit its significant positive effect on start-up formation. Hence, there is a need to procure other alternate support from formal or informal settings.
The influence of family support and psychological capital (PsyCap) is a topical discourse in entrepreneurship studies due to the unsupportive and turbulent environments most entrepreneurs operate in. However, studies concluding on the nature and direction of family support and PsyCap effects on start-up formation appear scant. This study aims to empirically examine family support effects on start-up formation with psychological capital (PsyCap) as a mediation factor. Specific emphasis was given to extended family support. The study utilized the partial least square (PLS) method for hypotheses testing with cross-sectional data collected from 261 randomly sampled trainees in an entrepreneurship training program organized by the Delta State Ministry of Youth Development. The PLS analysis showed that family support (β = 0.317, p = 0.000) and PsyCap (β = 0.202, p = 0.000) have a significant positive effect on start-up formation. The results proved that family support and PsyCap are valuable antecedent factors for positioning entrepreneurs to engage and thrive productively in the start-up formation process. Furthermore, PsyCap did not mediate the significant positive effect of family support on start-up formation (β = 0.235, p = 0.000; β = 0.103, p = 0.052). This result demonstrates that family support may not be enough for PsyCap to transmit its significant positive effect on start-up formation. Hence, there is a need to procure other alternate support from formal or informal settings.
The current research aims to know the effect of the employees’ voice (as an independent variable) in the formation of social capital in the banks of the research sample (as a dependent variable), as social capital is one of the valuable assets that is reflected through the existence of close personal relationships between individuals, organizations or societies, as the voice of workers contributes to the creation of structural, relational, and cognitive forms of social capital. To support the performance of the organization, by increasing the ability of workers to contribute to decisionmaking in organizations, which indicates that it is a mechanism for fruitful cooperation between workers to increase the long-term sustainability of the organization and the economic well-being of workers. The research adopted the analytical survey of (140) individuals from specialists and employees in banks who occupy positions (Managing Director, Associate Director, Director of Department) in twelve private commercial banks (Business Bay, Al-Mansour Investment, Middle East, Iraqi Commercial, Iraqi Investment, Iraqi National, Ashur International, Baghdad, Trans-Iraq, Sumer Commercial, Iraqi Credit, international investment development using the program statistician (SPSS.V.28) and statistical tools. The most important conclusions were that the private bank administrations, the more they showed their interest in the voice of employees within their overall strategies, in terms of their interest and response to suggestions and constructive ideas, the more this reflected the direct impact on social capital and the integration of employees towards achieving their goals more, which leads to support the trend towards achieving the excellence of those banks. It is superior to other competing banks in the market. It is necessary for the departments of the surveyed banks to pay attention to following up the reality of the voice of their employees and to develop appropriate solutions and treatments for their problems and to provide environment a job banking suitable to gather and interaction social, to support Confidence and awareness and coherence and work collective.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.