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Sources of entrepreneurial discretion in kinship systems

Entrepreneurship and Family Business

ISBN: 978-0-85724-097-2, eISBN: 978-0-85724-098-9

Publication date: 8 July 2010

Abstract

Entrepreneurs may wish to be selective about which relatives to include or exclude in their businesses. For example, their child might be inept but their niece might be outstanding. What aspects of kinship systems affect their ability to make these sorts of choices? What enables them to bend their ties of kinship and marriage to the interests of their business? Most broadly, what dimensions of kinship lend themselves to tactical or instrumental actions? This question is sweeping just as my meaning of “entrepreneurs” is very broad: those who take actions with the goal of growing their capital (Stewart, 1991). This capital may take the form of newly started ventures, dynastic firms, or even in precapitalist systems other social forms, for example, rural estates farmed by followers.

Citation

Stewart, A. (2010), "Sources of entrepreneurial discretion in kinship systems", Stewart, A., Lumpkin, G.T. and Katz, J.A. (Ed.) Entrepreneurship and Family Business (Advances in Entrepreneurship, Firm Emergence and Growth, Vol. 12), Emerald Group Publishing Limited, Leeds, pp. 291-313. https://doi.org/10.1108/S1074-7540(2010)0000012014

Publisher

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Emerald Group Publishing Limited

Copyright © 2010, Emerald Group Publishing Limited