An exploratory study of how potential "family and household capital" impacts new venture start-up rates

Authors

Peter Rodriguez, University of Virginia - Main CampusFollow
Chris S. Tuggle, University of Nebraska-LincolnFollow
Sean M. Hackett, Drexel UniversityFollow

Document Type

Article

Date of this Version

2009

Citation

Rodriguez, P., Tuggle, C. S., & Hackett, S. M. 2009. An exploratory study of how potential "family and household capital" impacts new venture start-up rates. Family Business Review, 22(3): 259-272.

Comments

Copyright © 2009 Family Firm Institute, Inc.; published by Sage Publications. Used by permission.

Abstract

Drawing from social capital theory, the authors examine the relationship between family capital characteristics and new venture start-up rates in the United States. The results of this study improve the understanding of (a) how families matter in an entrepreneur’s decision to start a business, (b) how wealth and health care considerations affect the start-up decision, and (c) whether and how these effects differ among the largest ethnic groups in the United States.