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2019 | OriginalPaper | Chapter

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

Authors : Marita Rautiainen, Timo Pihkala

Published in: The Family Business Group Phenomenon

Publisher: Springer International Publishing

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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.

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Metadata
Title
The Emergence of a Family Business Group: The Role of Portfolio Entrepreneurship
Authors
Marita Rautiainen
Timo Pihkala
Copyright Year
2019
Publisher
Springer International Publishing
DOI
https://doi.org/10.1007/978-3-319-98542-8_4