Family and Entrepreneurship
3 important questions on Family and Entrepreneurship
Interpretive inquiry on family and enterprise have 5 characteristics:
- Concers for interpretive awareness and thinking in the situation of the research subject through intuition
- focus on sharing of meaning that are associated with the notion of family
- assumes that meaning creation is constructed through exchange & interaction
- accounts on processes, these are: politcal, historical and culturally situated
- language lies at the centre, cause its through talk, conversation and dialogue that meaning is constructed
Rational view of family business
- family org. is characterized by emotions and non-rational dynamics between family members
- the business or rational component, characterised by efficiency, structure, role clarity and purpose
Complex family business
several family members are involved in owning and managing a business
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