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http://hdl.handle.net/1942/11794
Title: | Financial bootstrapping use in new family ventures and the impact on venture growth | Authors: | Helleboogh, David LAVEREN, Eddy LYBAERT, Nadine |
Issue Date: | 2010 | Source: | Hadjielias, Elias & Barton, Tom (Ed.) Long term perspectives on family business : theory, practice, policy : 10th Annual IFERA World Family Business Research Conference. p. 112-113. | Abstract: | This paper contributes to the general knowledge of bootstrap financing among new family ventures in two ways. Firstly, this research reveals which human capital characteristics of the owner-manager has an impact on financial bootstrapping use. The empirical results indicate that the use of bootstrapping techniques does not depend upon the family's business founder's education, but that it is a skill which is absorbed from self-employed parents or during the founder's prior work and management experiences. Secondly, in line with the resource dependency theory, we show that a relationship between financial bootstrapping and new family venture growth is present. | Document URI: | http://hdl.handle.net/1942/11794 | ISBN: | 9781862202757 | Category: | C1 | Type: | Proceedings Paper |
Appears in Collections: | Research publications |
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