Family background factors Sample Clauses

Family background factors. The second category of influencing factors comprises the family background (role models, parents, family, community) (Xxxx et al., 2013). Research has demonstrated that the parental upbringing of children can have a significant impact on entrepreneurial behavior later in adulthood. In addition, Xxxxxxxx & Human (2004) found that there is a transmission of self- employment from the parents to their children. Children of entrepreneurs are therefore more likely to start their own venture. Evidence is found that role models affect the entrepreneurial process. Parents can share their entrepreneurial experience with their children (xxx Xxxxx, Xxxxxxxx, Xxx, & Xxxxx, 2006). Other studies, however, claim that there is no correlation between self-employed parents and the employment of their children (Xxxx et al., 2013). In addition, the encouragement of one’s family may result in increased entrepreneurial intentions (Xxxxx, Awan, & Xxxx, 2012). Xxxxxx (2007) also mentions the importance of family involvement. Particularly, when the final decision has to be made whether or not one will start their own venture, family members tend to be of great importance. It should also be noted that many entrepreneurial teams consist of family members or partners (Xxxxxx, 2007). In addition to the encouragement, family members are also an important source of financial resources when starting a venture (Klyver, 2007).
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Family background factors. Most of the interviewees experienced positive as well as negative reactions on becoming self- employed. The negative opinions did not prevent them of starting their own business and the positive reactions did not give them the last push in the entrepreneurial process. Therefore, this research indicates that subjective norms should not be added to the list of accumulated triggers. Further research may prove otherwise, however, in this case there is no indication that they belong on the list of triggers. “But family wise and friends wise everybody disapproved. Everybody thought I was crazy and some of them still do.” (X. Xxxxxxxxx, personal communication, April 21, 2020) “My mother encouraged me in the beginning. She went with me to get the VAT number and she is also a lot into home decoration so she helped me in the beginning with choosing a collection and stuff. But my father in the beginning wasn’t really a big fan. But now he sees how well it goes so now he has turned. He says that if I want to do it, I can.” (X. Xxxxx, personal communication, April 27, 2020)
Family background factors. These influencing factors comprise one’s family background (role models, parents, family, community). In the section on the subjective norm the perception of one’s close environment was outlined. Family background, however, is about the fact if the entrepreneurs were really encouraged by their environment. Xxxxxx (2007) demonstrated the importance of family involvement when the final decision had to be made whether or not to start their own venture. For the majority of the interviewees, family and close friends seemed to have greatly affected the entrepreneurial process, more specifically the formation of the entrepreneurial intentions. “That is something really important. It plays an important role in becoming an entrepreneur. It’s the friends you’re with. And at the university we are a group with four friends and all of them are entrepreneurs. Xxxxxxx and I had the ideas and the other two had also a business running, being busy with a start-up, being busy with new ideas. So it indeed had a role if you have friends who have the same mindset. It influences your own behavior.” (X. Xxx Xxx Xxxxxx, personal communication, April 21, 2020) “So my friends from the University who all had (not all, but let's say like 60 to 50% had) ideas about starting a company or working for a smaller company, more like the startup world.” (X. Xxxxxxxxx, personal communication, April 17, 2020) “Yeah first of all my parents. They are a huge motivation.” (X. Xxxxxxxx, personal communication, April 22, 2020) “It’s actually quite fun because Xxxxx and Xxxxxxx are like my best friends and stepping in this world together is really nice.” (X. Xxxxxxxx, personal communication, April 22, 2020) For Xxxxxxxxxxxx, X. the encouragement of her two brothers, who are also entrepreneurs, was the most dominant factor in becoming an entrepreneur. She describes them as her role models, her examples. Without the encouragement of her brothers she would not have become self-employed. Therefore, they had a determining influence on her. This confirms the literature that role models indeed have an influence on the entrepreneurial process (xxx Xxxxx et al., 2006). Furthermore, Xxxxxxxxxxxx X. started her company together with her partner which affirms the findings of Xxxxxx (2007) that entrepreneurial teams often consist of family members or partners. Family background factors, more specifically role models will thus be added to the list of accumulated triggers. “I have two brothers who are older and are ...

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