Founding a Business Inspired by Close Entrepreneurial Ties: Does it Matter for Survival?
研究受亲友创业启发而创办的企业是否更易存活,发现只有在收购现有企业或投入大量时间时才有正面作用,对有创业经验者反而有负面影响。
Founding a business may be inspired by close entrepreneurial ties, that is, business–owning relatives or friends. We analyze if and when such inspiration is associated with post–entry survival. Drawing on longitudinal data on 942 founders, we find a positive relationship only if founders start by taking over an existing business, or spend considerable time at start–up. Moreover, the impact of close tie inspiration is negative for founders with prior entrepreneurial experience, revealing a dark side to serial entrepreneurship. Our findings show that new firm survival can be better understood by modeling contingency variables.