Social support timing and persistence in nascent entrepreneurship: exploring when instrumental and emotional support is most effective

Kim Klyver*, Benson Honig, Paul Steffens

*Corresponding author for this work

Research output: Contribution to journalJournal articleResearchpeer-review

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Abstract

This paper investigates how the timing of social support, both emotional and instrumental support, affects entrepreneurial persistence of nascent entrepreneurs. Drawing on social support theory, we hypothesize that the effectiveness of support depends on when, during the venture development process (number of gestation activities completed), it is provided. We also propose that the impact of social support depends on when during the entrepreneur’s life stage (age) that support is made available. Testing our hypotheses using a longitudinal dataset of nascent entrepreneurs, we find that emotional support is most relevant earlier on during venture development, while instrumental support is most relevant for entrepreneurs who begin their businesses in earlier life stages.

Original languageEnglish
JournalSmall Business Economics
Volume51
Issue number3
Pages (from-to)709-734
ISSN0921-898X
DOIs
Publication statusPublished - 2018

Keywords

  • Emotional support
  • Nascent entrepreneurship
  • Social networks
  • Social support
  • Timing
  • M13

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