Beyond the Firm: Business Families as Entrepreneurs. (July 2018)

• Record Type: Journal Article
• Authors: Le Breton-Miller, Isabelle; Miller, Danny
• Is Part Of: Entrepreneurship theory and practice. Volume 42:Number 4(2018)
• Page Start: 527
• Page End: 536
• Publication Date: 2018-07
• Subjects: business families -- family businesses -- entrepreneurship -- economic growth; Small business -- Periodicals; New business enterprises -- Periodicals; Entrepreneurship -- Periodicals; 658.421
• DOI: 10.1177/1042258717739004
• Languages: English
• ISSNs: 1042-2587

Abstract

Business families, we argue, will be core drivers of economic growth over the next decades, particularly in developing markets. We discuss the resources that provide them with advantages in multibusiness and multimarket entrepreneurial initiatives, the family-based challenges and opportunities that drive or pull them toward such initiatives, the environments in which significant business families thrive, and the resulting socioeconomic consequences.