St. Petersburg State University Graduate School of Management WORKING PAPER T. Manolova, G. Shirokova, T. Tsukanova, L. Edelman THE IMPACT OF FAMILY SUPPORT ON YOUNG NASCENT ENTREPRENEURS’ START-UP ACTIVITIES: A FAMILY EMBEDDEDNESS PERSPECTIVE # 2 (E)–2014 Saint Petersburg 2014 T. Manolova, G. Shirokova, T. Tsukanova, L. Edelman. The Impact of Family Support on Young Nascent Entrepreneurs’s Start-Up Activities: A Family Embeddedness Perspective. Working Paper # 2 (E)–2014. Graduate School of Management, St. Petersburg State University: SPb, 2014. Keywords and phrases: nascent entrepreneurs, family capital, student entrepreneurship, start-up activities, embeddedness, cohesiveness, GUESSS Study Abstract: In this paper we explore the factors associated with the scope of start-up activities among young nascent entrepreneurs. Taking a family embeddedness perspective, and drawing on literature from nascent entrepreneurship, start-up activities, and student entrepreneurship, we hypothesize that the scope of start-up activities of young nascent student entrepreneurs is positively associated with family support in the form of different types of family capital; financial, social, human, and physical. We further argue that the effect of family support on young nascent entrepreneurs’ start-up activities is positively moderated by the level of family cohesiveness. We test our hypotheses using data from the 2011 Global University Entrepreneurial Spirit Students Survey (GUESSS) which covers 93,625 students from 26 countries. We find that the effects of family support on young nascent entrepreneurs’ start-up activity are complex and multi-faceted. Implications for theory, public policy, and managerial practice are discussed. Research has been conducted with financial support from Russian Science Foundation grant (project No. 14-18-01093) Tatiana Manolova — Associate Professor, Business Policy and Strategy, Bentley University e-mail: tmanolova@bentley.edu Galina Shirokova — Professor, Director of the Center for Entrepreneurship, Graduate School of Management, St. Petersburg State University e-mail: shirokova@gsom.pu.ru Tatyana Tsukanova — Assistant Professor, Graduate School of Management, St. Petersburg State University e-mail: tsukanova@gsom.pu.ru Linda Edelman — Associate Professor, Business Policy and Strategy, Bentley University email: ledelman@bentley.edu Contents Introduction ..................................................................................................... 5 Theory and Hypotheses ................................................................................... 7 Method ............................................................................................................ 16 Results ............................................................................................................. 24 Discussion ....................................................................................................... 28 References ....................................................................................................... 35