Entrepreneurs' personal lives and family events can impact new venture survival rates, with positive events potentially leading to overconfidence.
Entrepreneurs' personal lives and big family events can affect their success, sometimes in unexpected ways. While positive events can boost confidence, they can also lead to overconfidence, negatively impacting new venture survival rates, according to a recent study. The research highlights the importance of considering entrepreneurs' personal lives and family events when studying new venture creation.
May 23, 2024
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