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The Effects Of Ethnicity, Families And Culture On Entrepreneurial Experience: An Extension Of Sustainable Family Business Theory

Author

Listed:
  • SHARON M. DANES

    (Department of Family Social Science, University of Minnesota, 290 McNeal Hall, 1985 Buford Avenue, St. Paul, MN 55108, USA)

  • JINHEE LEE

    (Department of Family Social Science, University of Minnesota, 290 McNeal Hall, 1985 Buford Avenue, St. Paul, MN 55108, USA)

  • KATHRYN STAFFORD

    (Department of Consumer Sciences, 1787 Neil Avenue, The Ohio State University, Columbus, OH 43210-1295, USA)

  • RAMONA KAY ZACHARY HECK

    (Department of Management, Baruch College, Box B9-240, One Bernard Baruch Way, NY 10010, USA)

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.

Suggested Citation

  • Sharon M. Danes & Jinhee Lee & Kathryn Stafford & Ramona Kay Zachary Heck, 2008. "The Effects Of Ethnicity, Families And Culture On Entrepreneurial Experience: An Extension Of Sustainable Family Business Theory," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 13(03), pages 229-268.
    • Handle: RePEc:wsi:jdexxx:v:13:y:2008:i:03:n:s1084946708001010
    DOI: 10.1142/S1084946708001010
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    References listed on IDEAS

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    1. Una Okonkwo Osili & Anna L. Paulson, 2006. "What can we learn about financial access from U.S. immigrants?," Working Paper Series WP-06-25, Federal Reserve Bank of Chicago.
    2. Lisa Mohanty & Gary Dymski, 1999. "Credit and Banking Structure: Asian and African-American Experience in Los Angeles," American Economic Review, American Economic Association, vol. 89(2), pages 362-366, May.
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