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Family Business Review
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An Exploratory Study of How Potential "Family and Household Capital" Impacts New Venture Start-Up Rates

Peter Rodriguez

University of Virginia, rodriguezp{at}darden.virginia.edu

Christopher S. Tuggle

University of Missouri

Sean M. Hackett

Drexel University

Drawing from social capital theory, the authors examine the relationship between family capital characteristics and new venture start-up rates in the United States. The results of this study improve the understanding of (a) how families matter in an entrepreneur’s decision to start a business, (b) how wealth and health care considerations affect the start-up decision, and (c) whether and how these effects differ among the largest ethnic groups in the United States.

Key Words: social capital • entrepreneurship • health • ethnic • race • new ventures

This version was published on September 1, 2009

Family Business Review, Vol. 22, No. 3, 259-272 (2009)
DOI: 10.1177/0894486509335342
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L. Steier
Where Do New Firms Come From?: Households, Family Capital, Ethnicity, and the Welfare Mix
Family Business Review, September 1, 2009; 22(3): 273 - 278.
[Abstract] [PDF]