Family Social Capital, Venture Preparedness, and Start-Up Decisions

2009 ◽  
Vol 22 (3) ◽  
pp. 279-292 ◽  
Author(s):  
Erick P. C. Chang ◽  
Esra Memili ◽  
James J. Chrisman ◽  
Franz W. Kellermanns ◽  
Jess H. Chua
Keyword(s):  
Social Capital ◽  
Family Support ◽  
Knowledge Capital ◽  
Venture Creation ◽  
Resource Based View ◽  
Creation Process ◽  
Indirect Influence ◽  
Family Social Capital ◽  
Start Up ◽  
Hispanic Entrepreneurs

Using insights from the resource-based view, social capital, and network theories, the authors develop a model of how family social capital, as well as an entrepreneur’s knowledge capital and external social capital, influences the venture creation process. The model is tested on a sample of 85 nascent Hispanic entrepreneurs. Results indicate that family social capital, measured as family support, contributes to venture preparedness and the start-up decision, suggesting that it has both a direct and an indirect influence on venture creation.

scholarly journals Replicating the networking, mentoring and venture creation benefits of entrepreneurship centres on a shoestring

2016 ◽  
Vol 30 (5) ◽  
pp. 334-343 ◽  
Author(s):  
Robin Bell ◽  
Heather Bell
Keyword(s):  
Experiential Learning ◽  
Lessons Learned ◽  
Venture Creation ◽  
Learning Methods ◽  
Creation Process ◽  
Business Creation ◽  
Start Up ◽  
Student Entrepreneurs ◽  
University Level ◽  
Specific Project

As support for both university-level entrepreneurship education and the use of experiential learning methods to foster student entrepreneurs has increased, so too has the number of university-established or affiliated entrepreneurship centres. This study focuses on an activity designed to combine experiential learning methods with assets associated with entrepreneurship centres, including venture creation, networking and mentoring. Students were invited to participate in a competition in which they were guided through the business creation process and pitched their ideas to investor judges who chose the winner and provided capital start-up funding and consulting. In light of this research, the authors suggest that university faculty at institutions without entrepreneurship centres can organize experiences to provide the benefits of entrepreneurship centres. The study found through the use of interviews that many of the benefits of entrepreneurship centres could be replicated in this way. The specific project is outlined, outcomes are analysed and the results and lessons learned are discussed.

scholarly journals Family SES, family social capital, and general health in Chinese adults: exploring their relationships and the gender-based differences

2020 ◽  
Vol 20 (1) ◽  
Author(s):  
Ying Ji ◽  
Qingping Yun ◽  
Xuewen Jiang ◽  
Chun Chang
Keyword(s):  
Social Capital ◽  
Family Support ◽  
General Health ◽  
Family Cohesion ◽  
Equation Modeling ◽  
Related Family ◽  
Family Social Capital ◽  
Health Related ◽  
Gender Based ◽  
Family Ses

Abstract Background Numerous studies have clarified that family socioeconomic status (SES) is positively associated with health. However, the mechanism of family SES on health needs to be further investigated from a social epidemiological perspective. This study aims to analyze the relationships among family SES, family social capital, and adult general health and tests whether gender-based differences exist in the relationship between family social capital and general health. Methods A cross-sectional survey was used to collect data from 4187 representative households in six Chinese provinces. Family SES was conceptualized based on household income, family education, and family occupational status. Family social capital was measured by using family cohesion and health-related family support. General health was assessed by using five general health perception items of the Health Survey Short Form. Structural equation modeling (SEM) was applied to examine the relationships among family SES, family social capital, and general health, and a linear regression model was used to test gender-based differences. Results The SEM showed that the direct effects of family SES, family cohesion, and health-related family support on health were 0.08 (P < 0.001), 0.17 (P < 0.001), and 0.10 (P < 0.001), respectively. Family SES had indirect effect (β = 0.05, P < 0.01) on general health via health-related family support. The total effect of family social capital (β = 0.27, P < 0.001) on general health was greater than that of family SES (β = 0.13, P < 0.001). Besides, the regression showed that the effect of health-related family support on general health was greater for women (β = 0.13, P < 0.001) than men (β = 0.04, P > 0.05). Conclusions The results provide strong support for the positive association between family SES, family social capital, and adult health. Family intervention programs should focus on establishing a harmonious family relationship to mobilize family support, particularly for the families with low cohesion and low SES.

scholarly journals The Changing Role of Social Capital During the Venture Creation Process: A Multilevel Study

2020 ◽  
pp. 104225872091302
Author(s):  
Johannes Kleinhempel ◽  
Sjoerd Beugelsdijk ◽  
Mariko J. Klasing
Keyword(s):  
Social Capital ◽  
European Countries ◽  
Venture Creation ◽  
Sequential Process ◽  
Cross Sectional ◽  
Creation Process ◽  
Multilevel Study ◽  
Contextual Determinants ◽  
Changing Role

We assess how social capital relates to individuals’ initial interest in becoming an entrepreneur, formally setting up a venture, and subsequent survival of the venture. Conceptualizing and measuring entrepreneurship as a sequential process inferred from cross-sectional data for 22,878 individuals living in 110 regions across 22 European countries, we find that regional social capital is relevant for formally setting up a venture, but it is not associated with initial interest, nor with venture survival after establishment. By assuming variability and not uniformity in how social capital relates to entrepreneurship, we gain a better understanding of the contextual determinants of the venture creation process.

Family Social Capital, Trust within the TMT, and the Establishment of Corporate Goals Related to Nonfamily Stakeholders

2014 ◽  
Vol 28 (2) ◽  
pp. 145-162 ◽  
Author(s):  
M. Katiuska Cabrera-Suárez ◽  
M. Cruz Déniz-Déniz ◽  
Josefa D. Martín-Santana
Keyword(s):  
Social Capital ◽  
Family Firms ◽  
Family Members ◽  
Top Management Teams ◽  
Management Teams ◽  
Top Management ◽  
Indirect Influence ◽  
Family Social Capital ◽  
Spanish Family ◽  
Corporate Goals

Based on a social capital approach, we analyze how structural and cognitive family social capital (FSC) influences the establishment of corporate goals related to nonfamily stakeholders (EGNFS) in family firms. Data were obtained from 374 family and nonfamily members of top management teams (TMTs) in 173 Spanish family firms. Results show that structural FSC directly influences the establishment of corporate goals related to nonfamily stakeholders. Also there is an indirect influence through the effect FSC has on the relational social capital (trust) in the TMT. When data are split based on familial and nonfamilial TMTs (depending on the percentage of family members), results show important differences between the two groups.

Where Do New Firms Come From?

2009 ◽  
Vol 22 (3) ◽  
pp. 273-278 ◽  
Author(s):  
Lloyd Steier
Keyword(s):  
Social Capital ◽  
Economic Activity ◽  
Social Health ◽  
Venture Creation ◽  
New Firms ◽  
Creation Process ◽  
Firm Creation ◽  
Units Of Analysis ◽  
Welfare Mix ◽  
Social Capital Perspective

The creation of new firms is an important economic activity; however, understanding of the actual venture-creation process remains limited. P. Rodriguez, C. S. Tuggle, and S. M. Hackett (2009) address this deficiency by adopting an internal social capital perspective and examining the effects of family financial, social, health, and ethnic contexts on firm creation. This commentary extends their work by reinforcing that households are important units of analysis and are usefully viewed as incubators and opportunity platforms for venture creation. It further suggests that social capital has a nested nature and that households should be viewed as part of the overall welfare mix.

scholarly journals Entrepreneurial Team Dynamics and New Venture Creation Process: An Exploratory Study Within a Start-Up Incubator

SAGE Open ◽  
2018 ◽  
Vol 8 (2) ◽  
pp. 215824401878144 ◽  
Author(s):  
Elli Diakanastasi ◽  
Angeliki Karagiannaki ◽  
Katerina Pramatari
Keyword(s):  
Exploratory Study ◽  
New Venture ◽  
Team Dynamics ◽  
New Venture Creation ◽  
Venture Creation ◽  
Creation Process ◽  
Start Up ◽  
Entrepreneurial Team

scholarly journals Universities and start-up creation by Ph.D. graduates: the role of scientific and social capital of academic laboratories

2021 ◽  
Author(s):  
Alessandro Muscio ◽  
Sotaro Shibayama ◽  
Laura Ramaciotti
Keyword(s):  
Social Capital ◽  
Training Period ◽  
Scientific Excellence ◽  
Academic Knowledge ◽  
Start Up ◽  
Industry Collaboration ◽  
Business Experience ◽  
Subject Areas ◽  
Scientific Capital

AbstractThis paper investigates how the characteristics of university laboratories influence the propensity of Ph.D. students to entrepreneurship, and thus, contribute to the transfer of academic knowledge to society. As determinants of Ph.D. entrepreneurship, we focus on the lab scientific and social capital as well as on the business experience that Ph.D. students acquire during their training period. The empirical exercise is based on questionnaire survey data of 5266 Ph.D. students in Italian universities in all subject areas. First, we find that 6.7% of the Ph.D. graduates engage in startup activities, and thus, Ph.D. training seems to contribute to knowledge transfer through entrepreneurship. Second, Ph.D. entrepreneurship is driven by business experience, in the forms of industry collaboration and industrially applicable research projects, during their training period. Third, the lab scientific capital is negatively associated with Ph.D. entrepreneurship, suggesting a conflict between scientific excellence and entrepreneurship, but this effect is mitigated if students acquire business experience. Fourth, the lab social capital increases the chance of startup when students have business experience. We further investigate the effects of lab environment by distinguishing between startups that are based on university research and startups that are not, finding different determinants.

scholarly journals Factors Influencing Students’ Venture Creation Process

2014 ◽  
Vol 110 ◽  
pp. 678-688 ◽  
Author(s):  
Urve Venesaar ◽  
Marianne Kallaste ◽  
Merle Küttim
Keyword(s):  
Venture Creation ◽  
Creation Process ◽  
Factors Influencing
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