The Emergence of a Family Business Group: The Role of Portfolio Entrepreneurship

Marita Rautiainen () and Timo Pihkala ()
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Marita Rautiainen: Lappeenranta University of Technology
Timo Pihkala: Lappeenranta University of Technology

Chapter 4 in The Family Business Group Phenomenon, 2019, pp 65-87 from Springer

Abstract: Abstract There are explicit calls for deeper understanding of the creation and development of family business groups. Responding to this gap in the body of knowledge, this chapter presents a case study highlighting the role of portfolio entrepreneurship in the development of a family business group. This chapter opted for an exploratory case study approach and interviews were conducted with the founder—that is, with the portfolio entrepreneur—and the second-generation members. This research highlights three important points in family business group development: first, the group grows out from entrepreneurial actions; second, entrepreneurial objectives turn to family objectives; and third, the groups are able to remain rather loose due to close social bonds between the owners.

Keywords: Case study; Portfolio entrepreneurship; Family business group (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-98542-8_4

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DOI: 10.1007/978-3-319-98542-8_4

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