Description
Book SynopsisThis thorough volume describes and analyzes entrepreneurial family businesses in Latin American countries. The research presented here has been conducted within the Global STEP (Successful Transgenerational Entrepreneurship Practices) Project. Dealing with some of the most important opportunities and challenges that Latin American family businesses face, particular attention is given to the uncertainty that characterizes most business environments in Latin American countries.
The authors argue that while uncertainty is always a central characteristic of entrepreneurial processes and activities, uncertainty is particularly pronounced for Latin American family businesses striving to grow. In addition to a comprehensive introductory chapter that outlines the book's core concepts, including transgenerational entrepreneurship, entrepreneurial orientation, resources, capabilities and uncertainty, the book describes the main characteristics of entrepreneurship and family businesses in Latin America. It also brings together a unique set of empirical case-based research papers that investigate transgenerational entrepreneurship in different Latin American family business contexts.
The unique contributions found here include studies on:
- Hostile environments and entrepreneurial orientation
- The influence of culture on governance and innovativeness
- Governance structures and entrepreneurial performance
- Family conflict as a source of entrepreneurial opportunities
- Entrepreneurship in transgenerational processes by means of social capital
- Knowledge integration and entrepreneurial behavior
- The role of tacit knowledge in the identification of entrepreneurial opportunities
- Financial issues in entrepreneurial family businesses
- Communication during the entrance of new generations into the family business.
Students and scholars of entrepreneurship the world over will find much of note in this carefully researched work. So too will anyone interested in sustaining a successful transgenerational family business.
Table of ContentsContents: Foreword Pramodita Sharma Foreword Timothy G. Habbershon 1. Understanding Entrepreneurial Family Businesses in Uncertain Environments: The Case of Latin America Mattias Nordqvist, Giuseppe Marzano, Esteban R. Brenes, Gonzalo Jiménez and María Fonseca-Paredes 2. Hostile Environments and Entrepreneurial Orientation: A Study of Venezuelan Family Firms Aramis Rodríguez and Rebeca Vidal 3. The Influence of Culture on Governance, Innovativeness and Knowledge Generation in Brazilian Family Businesses Adriane Vieira, José Antônio de Sousa Neto and Maria Teresa Roscoe 4. Governance Structures and Entrepreneurial Performance in Family Firms: An Exploratory Study of Latin American Family Firms Patricia Monteferrante M. and Ramón Piñango E. 5. Appeasement Entrepreneurship: Family Conflict as a Source of New Business Opportunities Thomas C. Gura 6. Entrepreneurship in Transgenerational Processes by Means of Social Capital Marcela Ramírez-Pasillas, Fernando Sandoval-Arzaga and María Fonseca-Paredes 7. Knowledge Integration in Latin American Family Firms Fernando Sandoval-Arzaga, Marcela Ramírez-Pasillas and María Fonseca-Paredes 8. The Role of Tacit Knowledge in the Identification of Entrepreneurial Opportunities: A Study of Family-controlled Businesses Ana Cristina González León, Gustavo González Couture and Luis Díaz Matajira 9. Transgenerational Issues in the Financing of Entrepreneurial Family Firms Arkangel Cordero, Eduardo Montiel, Luis J. Sanz and Iluminada Severino 10. When the New Employee is Not Just Another Newcomer: Communication During the Entrance of New Generations into the Family Business Juan O. Rivera-Algarín Index
