The New Venture Decision: An Analysis Based on the GEM Project Database*

Morales-Gualdrón, Silvia Teresa; Roig, Salvador

doi:10.1007/978-3-540-48543-8_15

Cited by 16 publications

(24 citation statements)

References 13 publications

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“…This article uses the well-established and validated criteria for business life cycle phases of the GEM project. These criteria are widely accepted and have been used in earlier studies (Bager and Schøtt, 2004;Hindle and Klyver, 2007;Morales-Gualdron and Roig, 2005;Hindle, 2006). The entrepreneurial process is represented by four phases as illustrated in Figure 1:…”

Section: Methodsmentioning

confidence: 99%

Shifting family involvement during the entrepreneurial process

Klyver

2007

International Journal of Entrepreneurial Behavior &Amp; Research

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If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation. AbstractPurpose -Using an entrepreneurial network perspective, this article seeks to investigate the involvement of family members during early stages of the entrepreneurial process -the time from intention until the business is established. Design/methodology/approach -A multivariate statistical regression analysis was carried out on data generated through two associated data collections: the Danish Global Entrepreneurship Monitor population survey and a connected follow-up survey using the name-generator approach. Findings -The survey results reveal that the family members' involvement differs depending on the phase of the entrepreneurial process. Family members are most strongly involved in the emergence phase when the final decision to start or not has to be made. Furthermore, involvement of family members is most common when entrepreneurs are young and have higher education of no more than three years duration. Family members tend to be males with whom entrepreneurs have strong ties and these family members tend to be more critical than other actors in other role-relationships.Research limitations/implications -The article provides empirical support for a family embedded perspective on entrepreneurship.Originality/value -The study uses a representative sample of entrepreneurs across four phases of the entrepreneurial process which enables an investigation on how family inclusion changes during the entrepreneurial process.

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Section: Methodsmentioning

confidence: 99%

Shifting family involvement during the entrepreneurial process

Klyver

2007

International Journal of Entrepreneurial Behavior &Amp; Research

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“…People embedded in networks containing entrepreneurs tend to be more entrepreneurial oriented. People who have close family members in business (Matthews and Moser 1995;Sanders and Nee 1996;Davidsson and Honig 2003;Menzies et al 2006) or personally know someone who has started a business (Davidsson and Honig 2003;Morales-Gualdron and Roig 2005;Arenius and Kovalainen 2006;De Clercq and Arenius 2006;Menzies et al 2006) seem to have a better chance of becoming entrepreneurs. Davidsson and Honig (2003) found in their study in Sweden that people who have parents in business or have close friends or neighbours in business are more likely to become nascent entrepreneurs.…”

Section: Embeddedness and Entrepreneurial Participationmentioning

confidence: 96%

“…Personal knowledge of an entrepreneur has been shown to be associated with a statistically significant increase in the likelihood that a person undertakes entrepreneurship him or herself (Davidsson and Honig 2003;Morales-Gualdron and Roig 2005;Arenius and Kovalainen 2006;De Clercq and Arenius 2006;). It may therefore be assumed that people who have entrepreneurs in their social networks have access to valuable resources.…”

Section: Hypothesis Developmentmentioning

confidence: 96%

“…This interest in how social networks affect status attainment has also occupied entrepreneurship scholars (e.g., Aldrich and Zimmer 1986;Greve 1995). Entrepreneurship research shows that social networks affect opportunity recognition (Singh 2000), entrepreneurial intention (Hmieleski and Corbett 2006), entrepreneurial orientation (Ripolles and Blesa 2005) the vocational decision to become an entrepreneurs (e.g., Davidsson and Honig 2003;Morales-Gualdron and Roig 2005;De Clercq and Arenius 2006) and growth (Lee and Tsang 2001).…”

Section: Embeddedness and Entrepreneurial Participationmentioning

confidence: 98%

“…In respect to personally knowing people who have started a business, De Clercq and found positive correlations in both their Belgium and their Finish sample. In an analysis of the 2001 global entrepreneurship monitor (GEM) database, considering a sample drawn across 29 countries, Morales-Gualdron and Roig (2005) also concluded that personally knowing someone who has started a business has a positive impact on people's decisions to become entrepreneurs. Analysing a similar sample, but only the Nordic countries and only women, Arenius and Kovalainen (2006) found the same relationship.…”

Section: Embeddedness and Entrepreneurial Participationmentioning

confidence: 98%

See 2 more Smart Citations

Influence of social network structure on entrepreneurship participation—A study of 20 national cultures

Klyver

Hindle

Meyer

2007

Int Entrep Manage J

125

111

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By investigating differences in social networks among entrepreneurs in 20 cultures, this paper contributes to the debate on whether there is universality in the process of entrepreneurial networking. Representative samples of entrepreneurs were identified in the same manner in 20 countries from 2000 to 2004 (N=304,560). The sampling methodologies and the questions asked were similar across all countries. Logistic regression was used to test for significant regional interaction effects involving personally knowing an entrepreneur. Results are contrary to the existence of any mono-dimensional form of networking practice but do strongly support the existence of both variform universality (culture moderates the importance of networking) and functional universality (cultural similarities in networking practice exist).

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A ten-year cross-national examination of the dance between intuition and rationality in entrepreneurial processes

et al. 2021

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Entrepreneurs rely, to a degree, on intuition while they also rely on rationality. Both are associated with formation of expectations for new venture creation as well as perseverance of efforts in managing the new venture and its creation. Global Entrepreneurship Monitor data from three distinct countries over a ten-year period are used in logistic regression analysis to find, not unexpectedly, that intuition and rationality vary in impact across countries and over time. While the findings confirm past findings, they also provide intriguing new insights into the dance between intuition and rationality in entrepreneurial processes.

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The New Venture Decision: An Analysis Based on the GEM Project Database*

Cited by 16 publications

References 13 publications

Shifting family involvement during the entrepreneurial process

Shifting family involvement during the entrepreneurial process

Influence of social network structure on entrepreneurship participation—A study of 20 national cultures

A ten-year cross-national examination of the dance between intuition and rationality in entrepreneurial processes

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