Network or independent business: Entrepreneurs’ human, social and financial capital as determinants of mode of entry
Françoise Bastié
- Fonction : Auteur
- PersonId : 840259
Pascal Cussy
- Fonction : Auteur
- PersonId : 840262
Anne-Laure Le Nadant
- Fonction : Auteur
- PersonId : 170204
- IdHAL : anne-laure-le-nadant
- ORCID : 0000-0003-0919-2881
- IdRef : 151859884
Résumé
When establishing a new business, entrepreneurs can decide to join a network of independent business partners rather than choose the alternative of independent business ownership. In this study, we use a probit model on a large database to study the human, social, and financial capital of French entrepreneurs who join franchising and comparable forms of networks. Results confirm that initial levels of human and social capital are significant de- terminants of network membership. We also show that an increase in the proportion of the project financed by debt increases the probability of joining a network.
Format du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Network or independent business: Entrepreneurs’ human, social and financial capital as determinants of mode of entry
|
Résumé |
en
When establishing a new business, entrepreneurs can decide to join a network of independent business partners rather than choose the alternative of independent business ownership. In this study, we use a probit model on a large database to study the human, social, and financial capital of French entrepreneurs who join franchising and comparable forms of networks. Results confirm that initial levels of human and social capital are significant de- terminants of network membership. We also show that an increase in the proportion of the project financed by debt increases the probability of joining a network.
|
Auteur(s) |
Françoise Bastié
1, 2
, Pascal Cussy
1, 2
, Anne-Laure Le Nadant
1, 3
1
UNICAEN -
Université de Caen Normandie
( 7127 )
- Esplanade de la Paix - CS 14032 - 14032 CAEN Cedex 5
- France
2
CREM -
Centre de recherche en économie et management
( 894 )
- 7 place Hoche, BP 86514
35065 RENNES CEDEX
- France
3
NIMEC -
Normandie Innovation Marché Entreprise Consommation
( 190306 )
- 3, avenue Pasteur 76000 Rouen
- France
|
Langue du document |
Anglais
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Volume |
37
|
Page/Identifiant |
167-181
|
Nom de la revue |
|
Date de publication |
2016-04
|
Numéro |
3
|
Domaine(s) |
|
Mots-clés (JEL) |
|
Mots-clés |
en
franchising, entrepreneurship, network
|
DOI | 10.1002/mde.2709 |
Loading...