The Impact of the Family on Entrepreneurial Outcomes : The Role of Social Embeddedness
Abstract: Most entrepreneurs have families that highly influence their business activities. However, scholars have paid limited attention to how the family as a specific social context impacts entrepreneurial outcomes, such as new venture creation, firm growth, and exit from entrepreneurship. This thesis investigates how the family influences such outcomes at different levels of analysis: the individual level, the firm level, and the regional level. The theoretical framework is developed by integrating the theory of social embeddedness with literature on family business and entrepreneurship. Empirical evidence is based on a unique multi-level Swedish database combining individual-, firm-, and regional-level data.By providing an in-depth understanding of whether the family influence pertains to the whole entrepreneurial process or only to particular entrepreneurial outcomes, this thesis contributes to a new understanding of the family’s role in entrepreneurship.
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