(Download) "Emotions and Family Business Creation: An Extension and Implications." by Entrepreneurship: Theory and Practice ~ eBook PDF Kindle ePub Free
eBook details
- Title: Emotions and Family Business Creation: An Extension and Implications.
- Author : Entrepreneurship: Theory and Practice
- Release Date : January 01, 2010
- Genre: Business & Personal Finance,Books,
- Pages : * pages
- Size : 249 KB
Description
Morris, Allen, Kuratko, and Brannon found that family founders, nonfamily managers working in family firms, and nonfamily founders experience a wide range of emotions during the first 4 years of establishing a new business. They identify differences in the emotional experiences of these three groups. I extend their findings by suggesting that divergent emotional experiences may explain differences in risk-taking behavior between family and nonfamily firms, and between family firms. Furthermore, I suggest that family founders' early emotional experiences may affect the firm's culture, strategy, and decision-making processes well beyond the start-up phase. **********
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