Article: Family business background, perceptions of barriers, and entrepreneurial intentions in Cyprus Journal: International Journal of Entrepreneurial Venturing (IJEV) 2011 Vol.3 No.2 pp.168 - 182 Abstract: This paper investigates the influence of family business background, contextual barriers, and socio-demographic variables on career decisions, such as starting a new business or joining the family firm. A survey of 167 respondents was used embracing the two main communities of Cyprus, Greek and Turkish Cypriots. There is a low, but statistically significant, correlation between a family business background and the intention to start a new business. Entrepreneurial education is not correlated, while entrepreneurial self-efficacy has a positive correlation with the intention to start a new business. Factor analysis of perceived barriers to entrepreneurship identified six major underlying factors and correlated factor scores with the decision to start a new business or join the family business. Factor scores were not found to be significantly correlated with these decisions. Gender and entrepreneurial self-efficacy are not correlated with the decision to join the family business. Inderscience Publishers - linking academia, business and industry through research

Title: Family business background, perceptions of barriers, and entrepreneurial intentions in Cyprus

Authors: Athanasios Hadjimanolis, Panikkos Poutziouris

Addresses: Business School, European University Cyprus, 6, Diogenes Str., P.O. Box 22006, 1516, Nicosia, Cyprus. ' Cyprus International Institute of Management, 21, Akademias Avenue, Aglandjia, Nicosia, Cyprus

Abstract: This paper investigates the influence of family business background, contextual barriers, and socio-demographic variables on career decisions, such as starting a new business or joining the family firm. A survey of 167 respondents was used embracing the two main communities of Cyprus, Greek and Turkish Cypriots. There is a low, but statistically significant, correlation between a family business background and the intention to start a new business. Entrepreneurial education is not correlated, while entrepreneurial self-efficacy has a positive correlation with the intention to start a new business. Factor analysis of perceived barriers to entrepreneurship identified six major underlying factors and correlated factor scores with the decision to start a new business or join the family business. Factor scores were not found to be significantly correlated with these decisions. Gender and entrepreneurial self-efficacy are not correlated with the decision to join the family business.

Keywords: entrepreneurial intentions; family businesses; Cyprus; business backgrounds; contextual barriers; socio-demographic variables; career decisions; new businesses; family firms; Greek Cypriots; Turkish Cypriots; entrepreneurial education; self-efficacy; factor analysis; perceived barriers; correlated factor scores; gender; entrepreneurial venturing; business ventures; entrepreneurs; entrepreneurship; entrepreneurialism.

DOI: 10.1504/IJEV.2011.039339

International Journal of Entrepreneurial Venturing, 2011 Vol.3 No.2, pp.168 - 182

Published online: 22 Oct 2014 *

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Title: Family business background, perceptions of barriers, and entrepreneurial intentions in Cyprus

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