The influence of the family companies in the detection and development of business opportunities [La Influencia de las Empresas Familiares en la Detección y Desarrollo de Oportunidades Empresariales]
Castillo Palacio M.
Zuñiga Collazos A.
Universidad de Medellin, Colombia
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Family businesses can have an important role in many economies, hence the growing interest in his research (Kraus et al., 2012) under the entrepreneurship. This type of company refers to a business that is managed or operated by a dominant coalition which is controlled by members of one family or a few families in a way that is potentially sustainable across generations of a family (Chua et al., 1999). The exposure of an individual to the previous family business affects their entrepreneurial intention (Carr and Sequeira, 2007) and allow to develop and improve their business skills (Cross et al., 2012). In this study is analyzed the importance of the "family tradition" and "identifying opportunities" in the creation of new businesses for individuals from business families.
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