The Influence of Low-Income Households: Social Cohesion Entrepreneurship Formalization Moderated by Family Support, Risk Propensity, and Locus of Control

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Wise, J. (2021). The Influence of Low-Income Households: Social Cohesion Entrepreneurship Formalization Moderated by Family Support, Risk Propensity, and Locus of Control. Unc Charlotte Electronic Theses And Dissertations.
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Abstract

Poverty is a global problem dating back to the early nineteen hundred. Issues, such as income inequalities, food insecurities, poor education, lack of good health care, and housing challenges have often been highlighted in the research. The plight of low-income households remains an important topic. Prior research shows entrepreneurship as a possible answer but how could low-income households take advantage of the opportunity that entrepreneurship provides? Researchers have also shown that a high percentage of low-income households engage in informal entrepreneurship because of the low cost of entry. Not all low-income households that are entrepreneurs practice in the informal sector. Thus, what are factors that contribute to low-income households’ participation in the formalization of entrepreneurship? This dissertation empirically investigates the relationship between social cohesion and the degree of entrepreneurship formalization of low-income households. It further studies the moderating variables family support, risk propensity, and locus of control. The findings suggest that social cohesion has a substantial influence on the degree of entrepreneurship formalization, but family support and locus of control do not moderate the relationship. However, risk propensity has a significant negative effect on the relationship between social cohesion and the degree of entrepreneurship formalization.

Details
Author

Wise, Janice

Title

The Influence of Low-Income Households: Social Cohesion Entrepreneurship Formalization Moderated by Family Support, Risk Propensity, and Locus of Control

Physical Description

1 online resource (132 pages) : PDF

Date

2021

Degree Granting Institution

University of North Carolina at Charlotte

Abstract

Poverty is a global problem dating back to the early nineteen hundred. Issues, such as income inequalities, food insecurities, poor education, lack of good health care, and housing challenges have often been highlighted in the research. The plight of low-income households remains an important topic. Prior research shows entrepreneurship as a possible answer but how could low-income households take advantage of the opportunity that entrepreneurship provides? Researchers have also shown that a high percentage of low-income households engage in informal entrepreneurship because of the low cost of entry. Not all low-income households that are entrepreneurs practice in the informal sector. Thus, what are factors that contribute to low-income households’ participation in the formalization of entrepreneurship? This dissertation empirically investigates the relationship between social cohesion and the degree of entrepreneurship formalization of low-income households. It further studies the moderating variables family support, risk propensity, and locus of control. The findings suggest that social cohesion has a substantial influence on the degree of entrepreneurship formalization, but family support and locus of control do not moderate the relationship. However, risk propensity has a significant negative effect on the relationship between social cohesion and the degree of entrepreneurship formalization.

Genre

doctoral dissertations

Subjects--Topics

Organizational behavior
Social sciences
Entrepreneurship

Degree

D.B.A.

Keywords

Family Support
Institutional Theory
Low-Income Households
Risk Propensity
Social Cohesion

Subject Area

Business Administration

Advisor(s)

Kellermanns, Franz

Committee Members

Kellermanns, Franz
Webb, Justin
Stanley, Laura
Subramaniam, Chandra

Degree Note

Thesis (D.B.A.)--University of North Carolina at Charlotte, 2021.

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Rights Holder Information

Copyright is held by the author unless otherwise indicated.

Identifier

Wise_uncc_0694D_12764

Permalink

http://hdl.handle.net/20.500.13093/etd:2402