The effects of ethnicity, families and culture on entrepreneurial perience: An extension of sustainable family business theory

Sharon M Danes, Jinhee Lee, Kathryn Stafford, Ramona Kay Zachary Heck

Research output: Contribution to journalArticlepeer-review

130 Scopus citations

Abstract

Entrepreneurs have been traditionally epitomized as rugged individuals garnering creative forces of innovation and technology. Applying this traditional, limited, and narrow view of entrepreneurship to ethnic firm creation and growth is to ignore or discount core cultural values of the ethnic contexts in which these firms operate. It is no longer possible to depend solely on human capital theory and household characteristic descriptions to understand the complex and interdependent relationships between the ethnic-owning family, its firm, and the community context in which the firm operates. This paper addresses the complex dynamic of ethnic firms with three purposes: (a) to provide a cultural context for the three ethnic groups composing the National Minority Business Owner Study; (b) to extend the Sustainable Family Business Theory, a dynamic, behaviorally-based, multi-dimensional family firm theory, by clarifying how it accommodates ethnic firm complexities within their cultural context, and (c) to derive implications for research, education and consulting with worldwide applications.

Original languageEnglish (US)
Pages (from-to)229-268
Number of pages40
JournalJournal of Developmental Entrepreneurship
Volume13
Issue number3
DOIs
StatePublished - Nov 3 2008

Keywords

  • Entrepreneurship
  • Ethnic-family businesses
  • Sustainable Family Business Theory (SFBT)

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