CONTRIBUTION FROM THE FIELD OF FAMILY BUSINESS TO BUSINESS INCUBATORS, MICRO AND SMALL ENTERPRISES

Yolanda Saldaña (), Fernando Miguel Ruiz (), Laura Leticia Gaona (), Juan Jesús Nahuat () and Kelly Alejandra Muñoz ()
Additional contact information
Yolanda Saldaña: Faculty of Accounting and Management, Universidad Autónoma de Coahuila
Fernando Miguel Ruiz: Faculty of Accounting and Management, Universidad Autónoma de Coahuila
Laura Leticia Gaona: Faculty of Accounting and Management, Universidad Autónoma de Coahuila
Juan Jesús Nahuat: Faculty of Accounting and Management, Universidad Autónoma de Coahuila
Kelly Alejandra Muñoz: Universidad Autónoma de Coahuila,

CBU International Conference Proceedings, 2017, vol. 5, issue 0, 429-432

Abstract: Most micro and small businesses start as family businesses, as they start from family savings as their main source of financing. However, the methodology used to incubate businesses in Mexico does not include tools to effectively manage family influence. This paper outlines the reasons why government agencies that allocate federal resources for business incubation should incorporate such tools into their methodologies. A documentary and a field investigation were carried out. The results show the tendency to start a business with family savings and therefore, with family interference. Likewise, it was found that newly created businesses show a high failure rate. It concludes the need to include in the methodologies used by business incubators in Mexico tools and knowledge in the field of family business. This, with the purpose of contributing towards the increase in the length of time that new companies last and the consolidation of existing micro and small enterprises in Mexico.

Keywords: Family businessbusiness incubators; micro and small enterprises (search for similar items in EconPapers)
JEL-codes: M10 M20 M50 (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ojs.journals.cz/index.php/CBUIC/article/view/960/1518 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aad:iseicj:v:5:y:2017:i:0:p:429-432

DOI: 10.12955/cbup.v5.960

Access Statistics for this article

More articles in CBU International Conference Proceedings from ISE Research Institute
Bibliographic data for series maintained by Petr Hájek ().