Continuing the Family-Owned Home-Based Business: Evidence from a Panel Study
Abstract:A panel study of households in which someone is engaged in a home-based family business is analyzed to assess factors associated with the probability that the business will be operating three years later and reasons for quitting the business. Factors associated with the continuation of the business include age and education of the business owner, the number of years in business, positive feelings about the work, and expectations about changing attitudes toward the business. Neither income nor attitudes about income from the home-based work were significant predictors of the owner having the same business three years later.
Document Type: Research Article
Affiliations: 1: Professor in the Department of Human Development and Family Studies, Iowa State University, Ames. 2: Instructor in the Department of Child Development and Family Sciences, North Dakota State University, Fargo.
Publication date: 1993-12-01