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The role of entrepreneurial families in entrepreneurial ecosystems: the family social capital approach

Claudia Benavides-Salazar (Deusto Business School, Universidad de Deusto – Campus San Sebastián, San Sebastian, Spain, and Department of Engineering, University of Caldas, Manizales, Colombia)
Cristina Iturrioz-Landart (Deusto Business School, University of Deusto – San Sebastian Campus, San Sebastian, Spain)
Cristina Aragón-Amonarriz (Deusto Business School, University of Deusto – San Sebastian Campus, San Sebastian, Spain)
Asunción Ibañez-Romero (Deusto Business School, University of Deusto – San Sebastian Campus, San Sebastian, Spain)

Journal of Entrepreneurship in Emerging Economies

ISSN: 2053-4604

Article publication date: 17 August 2021

Issue publication date: 1 December 2022

306

Abstract

Purpose

This paper aims to investigate how entrepreneurial families (EFs) influence the development of entrepreneurial ecosystems (EEs) by using the family social capital (FSC) approach.

Design/methodology/approach

For this paper, the authors analyzed the Manizales EE as a case study. The authors used a variety of data collection procedures, including in-depth interviews with 26 entrepreneurs and mentors.

Findings

The authors established how EFs affect EE development, identifying how the FSC bridging mechanisms impact the EE’s social and cultural attributes, boosting entrepreneurial dynamics.

Originality/value

The results indicated the relevance of EFs’ embeddedness and the degree of the FSC institutionalization in promoting of entrepreneurship within the EEs.

Keywords

Acknowledgements

The authors gratefully acknowledge Family Restrepo members for their support and all the entrepreneurs and the agents who accepted to be interviewed. They would also like to thank the Basque Government Department of Education, Language Policy and Culture (IT885-16) for its financial support.

Disclosure statement: No potential conflict of interest was reported by the authors.

Citation

Benavides-Salazar, C., Iturrioz-Landart, C., Aragón-Amonarriz, C. and Ibañez-Romero, A. (2022), "The role of entrepreneurial families in entrepreneurial ecosystems: the family social capital approach", Journal of Entrepreneurship in Emerging Economies, Vol. 14 No. 6, pp. 1001-1032. https://doi.org/10.1108/JEEE-11-2020-0416

Publisher

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Emerald Publishing Limited

Copyright © 2021, Emerald Publishing Limited

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