Start-up Capital and Chinese Entrepreneurs: The Role of Family (Survey) Start-up Capital and Chinese Entrepreneurs: The Role of Family (Survey)

Start-up Capital and Chinese Entrepreneurs: The Role of Family (Survey‪)‬

Entrepreneurship: Theory and Practice 2009, July, 33, 4

    • HUF999.00
    • HUF999.00

Publisher Description

This paper examines the formation of the initial capital structure of Chinese start-up firms. Contrary to the predominant view of Chinese family business, this study found that family funding is not the major source of start-up capital under certain conditions. Employing two surveys conducted separately in Hong Kong and the mainland of the People's Republic of China, it was revealed that Chinese entrepreneurs seek initial funding from their family rather than from outsiders only if they expected lower transaction costs and lower levels of family interference in the business. The implications of the findings for entrepreneurship of ethnic Chinese communities in East Asia are discussed. **********

GENRE
Business & Personal Finance
RELEASED
2009
1 July
LANGUAGE
EN
English
LENGTH
47
Pages
PUBLISHER
Baylor University
SIZE
337
KB

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