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The Influence of Family Dynamics on Entrepreneurial Intentions and Self-Efficacy
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Author(s): Taiwo Hassan Ajadi (University of KwaZulu-Natal, South Africa), Olalekan Adisa (University of Northampton, UK), Al-Amin Abba Dabo (University of Northampton, UK)and Olushola Margaret Adisa (University of Zululand, South Africa)
Copyright: 2024
Pages: 36
Source title:
Cases on the Interplay Between Family, Society, and Entrepreneurship
Source Author(s)/Editor(s): Ethel Ndidiamaka Abe (SashBM LLC, USA)and Isaac Idowu Abe (SashBM LLC, USA)
DOI: 10.4018/978-1-6684-8748-8.ch006
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Abstract
This chapter explores the complex relationship between family dynamics and entrepreneurship, particularly in the context of evolving societal norms and the COVID-19 pandemic. It critically examines the role of parental influence, family support, and the family environment in shaping entrepreneurial intentions and self-efficacy. It also discusses the challenges and strategies that entrepreneurs face due to family dynamics, drawing on real-world case studies. The chapter provides a comprehensive theoretical framework that integrates various perspectives on how family interactions influence entrepreneurial decisions. It also highlights the practical implications of the findings and suggests areas for future research.
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