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This book explores the emergence and evolution of family firms
throughout Latin America, from the colonial period to the modern
day. In the course of Latin American history, institutions evolved
to create order and reduce the uncertainty of the market. Using
institutional change theory, social capital theory in
organizational settings and resource-based view as organizing
frameworks, the authors show how differences among family business
in the region developed by examining the influx of foreign
settlers, the shift from state-owned enterprises to privatized
family business groups, and the effect of globalization. This text,
presenting cases of family firms across several countries, offers
entrepreneurship scholars a fresh perspective of a neglected
region.
This book explores the emergence and evolution of family firms
throughout Latin America, from the colonial period to the modern
day. In the course of Latin American history, institutions evolved
to create order and reduce the uncertainty of the market. Using
institutional change theory, social capital theory in
organizational settings and resource-based view as organizing
frameworks, the authors show how differences among family business
in the region developed by examining the influx of foreign
settlers, the shift from state-owned enterprises to privatized
family business groups, and the effect of globalization. This text,
presenting cases of family firms across several countries, offers
entrepreneurship scholars a fresh perspective of a neglected
region.
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