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Networking and entrepreneurial family firms

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Abstract

We investigate the role of networks in the growth processes of the entrepreneurial family firm. The study adds to two main stream of literature, drawing together theoretical developments from the family firm realm and networking theory, to investigate the ways in which these structures and processes interact to facilitate and inhibit entrepreneurial growth. The chapter also draws on international field data, thus adding to our knowledge of the context-specific nature of entrepreneurial growth processes, family firms, and networking. Growth strategies for many of the studied family firms tended to be driven by resources available within the family-firm nexus. In many cases, market and technology evaluation took place through quite formal, “professional” mechanisms. The use of weak-ties, which has come to be seen of diminished importance for non-family entrepreneurs, appeared more significant for family-firm growth.