Family Owned Business Institute

Research Scholar's Abstracts 2004 - Sharon Danes

Impact of Spousal Support and Involvement on Family Business Start-ups
Sharon M. Danes
2004
Click here to view pdf

A family-owned business has at its disposal the concrete resources and interactive human processes of both the family and business systems; however, this systemic premise has yet to be studied in depth and under varying circumstances.In spite of the large amount of separate literature on family and business, there is still a gap in the knowledge base that centers on the interplay between the family and business systems.

The proposed project will help fill that critical gap by testing key premises of innovative, systemic theories in relation to the survival of family-owned businesses.Starting a family business requires not only business acumen and financial capital, but support of the spouse and perhaps actual involvement of that spouse in the business.The specific aim of this project is to investigate the relationship of spousal support on the survival of venture start-up.