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Households as a Site of Entrepreneurial Activity

Author

Listed:
  • Carter, Sara
  • Kuhl, Aniela
  • Marlow, Susan
  • Mwaura, Samuel

Abstract

Entrepreneurial households have a central role in determining entrepreneurial choices, actions and outcomes. In this monograph we focus on the role of households in new venture creation and growth, arguing that our understanding of individual actions and firm level decisions becomes clearer if they are considered from the perspective of the household. A household perspective implies that the entrepreneur is viewed outwards from the context of their immediate family unit, and implicitly recognizes the blurred boundaries between the business sphere and the private sphere; business strategies and household strategies are interwoven, and business decisions are often made within the household. We review theoretical constructs of the household and examine the ways in which the household has been considered within entrepreneurship research. Not only is the household a vital component in fully understanding entrepreneurial actions, research attention should also be afforded to understanding the effects of entrepreneurship on business-owning households.

Suggested Citation

  • Carter, Sara & Kuhl, Aniela & Marlow, Susan & Mwaura, Samuel, 2017. "Households as a Site of Entrepreneurial Activity," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 13(2), pages 81-190, June.
    • Handle: RePEc:now:fntent:0300000062
    DOI: 10.1561/0300000062
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    References listed on IDEAS

    as
    1. Zahra, Shaker A., 2007. "Contextualizing theory building in entrepreneurship research," Journal of Business Venturing, Elsevier, vol. 22(3), pages 443-452, May.
    2. Wright, Mike & Kellermanns, Franz W., 2011. "Family firms: A research agenda and publication guide," Journal of Family Business Strategy, Elsevier, vol. 2(4), pages 187-198.
    3. Johan Wiklund & Dean A. Shepherd, 2008. "Portfolio Entrepreneurship: Habitual and Novice Founders, New Entry, and Mode of Organizing," Entrepreneurship Theory and Practice, , vol. 32(4), pages 701-725, July.
    4. Yilmazer, Tansel & Schrank, Holly, 2006. "Financial intermingling in small family businesses," Journal of Business Venturing, Elsevier, vol. 21(5), pages 726-751, September.
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    Citations

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    Cited by:

    1. Li, Rui & Wang, Tianyu & Zhou, Mingshan, 2021. "Entrepreneurship and household portfolio choice: Evidence from the China Household Finance Survey," Journal of Empirical Finance, Elsevier, vol. 60(C), pages 1-15.
    2. Alin Croitoru & Flavius Mihalache, 2018. "Fostering rural transformation in Romania: Entrepreneurship, land reform and institutional changes," Journal of Community Positive Practices, Catalactica NGO, issue 1, pages 3-17.
    3. Schneck, Stefan, 2021. "Income loss among the self-employed: Implications for individual wellbeing and pandemic policy measures," Working Papers 03/21, Institut für Mittelstandsforschung (IfM) Bonn.
    4. Miao, Shuchao & Chi, Jing & Liao, Jing & Qian, Long, 2021. "How does religious belief promote farmer entrepreneurship in rural China?," Economic Modelling, Elsevier, vol. 97(C), pages 95-104.
    5. Pahnke, André & Schneck, Stefan & Wolter, Hans-Jürgen, 2019. "Persistenz von Selbstständigen in der Grundsicherung," IfM-Materialien 273, Institut für Mittelstandsforschung (IfM) Bonn.
    6. Stefan Schneck, 2023. "Income loss among the self-employed: implications for individual wellbeing and pandemic policy measures," Review of Economics of the Household, Springer, vol. 21(1), pages 37-57, March.
    7. Stam, Erik & Welter, Friederike, 2020. "Geographical contexts of entrepreneurship: Spaces, places and entrepreneurial agency," Working Papers 04/20, Institut für Mittelstandsforschung (IfM) Bonn.
    8. Friederike Welter & Ted Baker & Katharine Wirsching, 2019. "Three waves and counting: the rising tide of contextualization in entrepreneurship research," Small Business Economics, Springer, vol. 52(2), pages 319-330, February.
    9. Tommaso Minola & Nadine Kammerlander & Franz W. Kellermanns & Frank Hoy, 2021. "Corporate Entrepreneurship and Family Business: Learning Across Domains," Journal of Management Studies, Wiley Blackwell, vol. 58(1), pages 1-26, January.

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    More about this item

    Keywords

    Households; Household strategy; Household resources; Kinship; Business resources; Business growth;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation

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