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Family Resources and Family Entrepreneurship: A View of Family Obligation and Entrepreneurial Competence |
DAI Jilin,LI Xinchun,ZHU Renhong |
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Abstract Family capital is an important resource for family entrepreneurship. The current literature maintains that trust-based family capital, including family social capital and financial capital, is the only channel for family entrepreneurship. But this paper holds that the power structure and emotion will result in complicated obligations between the family members in family entrepreneurship. The obligations go beyond the trust-based family capital to affect the family members’ behaviors and, together with entrepreneurial competence, decide how family resources affect family entrepreneurship. Four roles of family resources in family entrepreneurship were further discussed: affective trust, cognitive trust, unilateral-altruism and bilateral-altruism.
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Received: 26 September 2012
Published: 27 June 2013
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Corresponding Authors:
DAI Jilin
E-mail: bluesky1972@tom.com
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