Persistence Decisions: It’s Not Just About the Money

Dalong Ma, E. Shaunn Mattingly, Trayan N. Kushev, Manju K. Ahuja, Andrew S. Manikas

Research output: Contribution to journalArticlepeer-review

8 Scopus citations

Abstract

Drawing on threshold theory, we examine the effects of attributes of alternative opportunities on persistence decisions of family business entrepreneurs. The results of our conjoint experiment show that: (a) family business entrepreneurs are generally more persistent than other entrepreneurs and (b) family business entrepreneurs focus more on non-financial benefits than other entrepreneurs. Our study contributes to persistence literature within the family business context and provides a good basis for how family business literature can benefit from multi-level theoretical and empirical modelling.

Original languageEnglish
Pages (from-to)121-143
Number of pages23
JournalJournal of Entrepreneurship
Volume28
Issue number1
DOIs
StatePublished - 1 Mar 2019

Keywords

  • conjoint experiment
  • entrepreneurial persistence
  • Family business entrepreneur
  • non-financial benefits

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