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Are We on the Same Page?: Copreneurial Couple Goal Congruence and New Venture Viability

Author

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  • Jang Juyoung

    (Department of Family Social Science, University of Minnesota, 290 McNeal Hall 1985 Buford Ave, St. Paul, MN 55108, USA)

  • Danes Sharon M.

    (Department of Family Social Science, University of Minnesota, 290 McNeal Hall 1985 Buford Ave, St. Paul, MN 55108, USA)

Abstract

This study investigated the influences of couple goal congruence and venture-related communication on new venture creation. It was grounded on the Sustainable Family Business Theory using a longitudinal copreneurial sample. Structural equation modeling supported study hypotheses. First, copreneurs with couple goal congruence were more likely to have quality venture-related communication. Second, copreneurs who had quality venture-related communication were likely to have more viable new ventures. Third, there was a sequential relationship among couple goal congruence, venture-related communication quality, and new venture viability. Findings have implications for transference of copreneurial couple-based trust to create quality venture-related communication for tackling liability of newness in new venture creation.

Suggested Citation

  • Jang Juyoung & Danes Sharon M., 2013. "Are We on the Same Page?: Copreneurial Couple Goal Congruence and New Venture Viability," Entrepreneurship Research Journal, De Gruyter, vol. 3(4), pages 483-504, September.
    • Handle: RePEc:bpj:erjour:v:3:y:2013:i:4:p:483-504:n:3
    DOI: 10.1515/erj-2013-0036
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    References listed on IDEAS

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    1. Kathryn Stafford & Vibha Bhargava & Sharon Danes & George Haynes & Katherine Brewton, 2010. "Factors Associated with Long-Term Survival of Family Businesses: Duration Analysis," Journal of Family and Economic Issues, Springer, vol. 31(4), pages 442-457, December.
    2. Shelley Farrington & Elmarie Venter & Carey Eybers & Christo Boshoff, 2011. "Task-based factors influencing the successful functioning of copreneurial businesses in South Africa," South African Journal of Economic and Management Sciences, University of Pretoria, Faculty of Economic and Management Sciences, vol. 14(1), pages 24-46, March.
    3. Aldrich, Howard E. & Cliff, Jennifer E., 2003. "The pervasive effects of family on entrepreneurship: toward a family embeddedness perspective," Journal of Business Venturing, Elsevier, vol. 18(5), pages 573-596, September.
    4. Sharon M. Danes & Katherine E. Brewton, 2012. "Follow the Capital: Benefits of Tracking Family Capital Across Family and Business Systems," International Studies in Entrepreneurship, in: ALAN CARSRUD & Malin Brännback (ed.), Understanding Family Businesses, chapter 0, pages 227-250, Springer.
    5. Robert E., Theodore M., Lynn A., Thomas C. Spekman Forbes, III Isabella MacAvoy, 1998. "Alliance Management: A View from the Past and a Look to the Future," Journal of Management Studies, Wiley Blackwell, vol. 35(6), pages 747-772, November.
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    Cited by:

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