TY  - JOUR
AB  - Using the Panel Study of Entrepreneurial Dynamics II dataset, we examine the role that household income plays in the emergence of consumer-oriented start-ups by individual (solo), family-based (family), and non-family based start-ups (team). In particular, we address the research question: Does household income impact firm emergence, and if so, is emergence impacted differently based on start-up configuration? Our results indicate that household income does have a significant impact on average firm emergence, as well as on emergence growth rates for solo and family firms, playing an especially significant role for family firms. Furthermore, we found that household income is not a significant predictor of start-up activity completion for teams. Results from our study reinforce the extant literature on the benefits of starting a firm with teams, and suggests that these enterprise types may provide a more stable platform on which to launch a start-up. Implications of these findings and opportunities for future research are offered.
VL  - 18
IS  - 2
SN  - 2574-8904
DO  - 10.1108/NEJE-18-02-2015-B003
UR  - https://doi.org/10.1108/NEJE-18-02-2015-B003
AU  - Nunez Enrique
PY  - 2015
Y1  - 2015/01/01
TI  - The differing impact of household income on firm emergence by heterogeneous start-up configuration
T2  - New England Journal of Entrepreneurship
PB  - Emerald Publishing Limited
SP  - 31
EP  - 46
Y2  - 2024/04/26
ER  -