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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Family Firm Entrepreneurship
T2 - An Experimental Study
AU - Pinelli, Michele
AU - Niemand, Thomas
AU - Picone, Pasquale Massimo
AU - Kraus, Sascha
AU - De Massis, Alfredo
PY - 2023/11/17
Y1 - 2023/11/17
N2 - Family managers’ entrepreneurial intentions (EI) play a crucial role in the long-term success of family firms. Previous research has highlighted education as a key driver of EI but has failed to consider the unique socialization processes within business families and their impact on the education-EI relationship. This study aims to fill this gap by examining the direct and indirect effects of education on family managers’ EI. By combining the integrated model of EI and research on business families’ socialization patterns, a study was conducted with a role-playing experimental design involving 412 family firm managers. The results indicate that entrepreneurial self-efficacy (ESE) serves as a mediator between education and EI, while the ESE-EI relationship is further mediated by risk perceptions. Interestingly, no direct effect of education on EI was found, suggesting that the influence of education on EI follows distinct patterns within business families.
AB - Family managers’ entrepreneurial intentions (EI) play a crucial role in the long-term success of family firms. Previous research has highlighted education as a key driver of EI but has failed to consider the unique socialization processes within business families and their impact on the education-EI relationship. This study aims to fill this gap by examining the direct and indirect effects of education on family managers’ EI. By combining the integrated model of EI and research on business families’ socialization patterns, a study was conducted with a role-playing experimental design involving 412 family firm managers. The results indicate that entrepreneurial self-efficacy (ESE) serves as a mediator between education and EI, while the ESE-EI relationship is further mediated by risk perceptions. Interestingly, no direct effect of education on EI was found, suggesting that the influence of education on EI follows distinct patterns within business families.
KW - Family managers
KW - entrepreneurship
KW - entrepreneurial intention
KW - experiment
KW - education
KW - self-efficacy
U2 - 10.1080/00472778.2023.2272262
DO - 10.1080/00472778.2023.2272262
M3 - Journal article
SP - 1
EP - 34
JO - Journal of Small Business Management
JF - Journal of Small Business Management
SN - 0047-2778
ER -