Spousal capital as a resource for couples starting a business

Amanda E. Matzek, Clinton G. Gudmunson, Sharon M Danes

Research output: Contribution to journalArticlepeer-review

20 Scopus citations

Abstract

This longitudinal study finds that spousal capital is an important resource for entrepreneurs starting a business because it has implications for business sustainability and couple relationship quality. Structural equation modeling supported a process whereby gender had an impact on spousal involvement in the business, which was positively associated with dedication to the business, leading to shorter break-even times, and higher couple relationship quality. Male entrepreneurs were more likely to have a spouse involved in the business compared to female entrepreneurs, which in part, may contribute to the gender gap in the success of new businesses. Study findings have implications for couples seeking to start a business as well as family educators working with such couples.

Original languageEnglish (US)
Pages (from-to)60-73
Number of pages14
JournalFamily relations
Volume59
Issue number1
DOIs
StatePublished - Feb 1 2010

Keywords

  • Family-owned business
  • Firm emergence
  • Gender
  • Social capital
  • Spousal capital
  • Structural equation modeling

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