Kinship and business: how entrepreneurial households facilitate business growth

Alsos, G. A., Carter, S. and Ljunggren, E. (2014) Kinship and business: how entrepreneurial households facilitate business growth. Entrepreneurship and Regional Development, 26(1-2), pp. 97-122. (doi: 10.1080/08985626.2013.870235)

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Abstract

Building on studies that have stressed the importance of context and the role of the family in business growth, this study explores the role of the entrepreneurial household in the process of business development and growth. We seek to understand how household strategy influences the development of new businesses, the ways in which household characteristics and dynamics influence business growth strategy decisions and how business portfolios are managed and developed by the household. To examine these questions, comparative case studies were undertaken drawing data from four entrepreneurial households located in remote rural regions of Norway and Scotland. The data reveal the role of the entrepreneurial household in the evolution of business creation and growth, examining the processual aspects of entrepreneurial growth, the interactions between business activities and entrepreneurial households and how business portfolios are developed in practice. Three analytical themes emerged from the analyses: the tightly interwoven connections between the business and the household, the use of family and kinship relations as a business resource base and how households mitigate risk and uncertainty through self-imposed growth controls. Although previous studies have viewed entrepreneurial growth largely as an outcome of personal ambition and business strategy, these results reveal the importance of the entrepreneurial household and the household strategy in determining business growth activities.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Carter, Professor Sara
Authors: Alsos, G. A., Carter, S., and Ljunggren, E.
College/School:College of Social Sciences
Journal Name:Entrepreneurship and Regional Development
Publisher:Taylor & Francis
ISSN:0898-5626
ISSN (Online):1464-5114
Published Online:08 January 2014

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