Abstract We explore the gendered impact of risk aversion and country-level culture on nascent student entrepreneurs’ progress in venturing process. Combining cultural normative variables from 2004 Global Leadership Organizational Behavior Effectiveness (GLOBE) survey with data 2013/2014 University Entrepreneurial Student Spirit Study (GUESSS), our sample consists 1552 entrepreneurs 11 countries. start assumption that perceptions risk-taking behaviors are not gendered. then split sample,...

In enterprising families, the family, as a social institution, is foundation of family business. However, in intergenerational succession remains problematic. Using solidarity theory, and data from 2013 Global University Entrepreneurial Spirit Students Survey (GUESSS; N = 18,576), our findings indicate that affective commitment partially mediates relationship between business exposure offspring’s intentions. We also find this stronger for sons than daughters, while birth order has no effect....

Abstract Drawing on the resource-based view of firm, this study investigates relationship between human capital (employees’ experience, knowledge and technical skills, managerial talent) innovativeness (propensity to innovate) in a sample 478 family firms taken from cross-country dataset (STEP Project). Furthermore, we consider moderating effect proportion members sitting board directors ( ratio ). The main findings highlight that there is positive firm innovativeness. Moreover, positively...

Sustainable values have been enforced in societies, given individuals’ awareness of the societal challenges faced by current and future generations. Building upon theory planned behaviour value literature, this article examines whether how sustainable values, specifically pro-environmental solidarity influence entrepreneurial intentions two different cultural contexts: Ecuador Germany. About 297 university students were recruited to test hypotheses. The findings reveal differences are...

Abstract This article draws upon institutional theory to investigate whether and what extent informal institutions (masculinity, power distance, individualism, indulgence) affect the relationship between formal (the public expenditure on childcare length of parental leave) likelihood that women will become entrepreneurs. The main findings show societies characterized by high masculinity and/or low individualism amplify Instead, high-indulgent weaken negative leave We provide a nuanced...

Purpose Stemming from family and business governance arguments, this paper contends that informal meetings are the baseline “informal mechanism” shapes family-centered non-economic goals. However, it is foreseen most effective when businesses implement formal practices. Design/methodology/approach Hypotheses tested on a sample of 490 firms using robust ordinary least square estimations. Findings The main findings suggest positively associated with goals relationship fully mediated by...

This study investigates the interplay among parental support, familial legitimacy, and next-generation succession intentions in family businesses different societal contexts. Building on attachment theory insights from business literature, underscores influence of at both levels creating a nurturing environment that supports intentions. Using multilevel analyses, we show secure base support empowers offspring to develop self-efficacy participating (family self-efficacy), which plays central...

Succession is one of the most heavily investigated topics in family business research, and significant work has focused on understanding drivers intra-family succession. However, less looked specifically at succession intentions women, or more specifically, daughters. Drawing theory from psychology concepts around affective commitment, we explore two determinates succession, commitment female successor country-level cultural environment which daughter her are embedded. Using data 2013 Global...