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Scientific Article details

Title The Use of Owner Resources in Small and Family Owned Businesses: Literature Review and Future Research Directions
ID_Doc 34472
Authors Yilmazer, T; Schrank, H
Title The Use of Owner Resources in Small and Family Owned Businesses: Literature Review and Future Research Directions
Year 2010
Published Journal Of Family And Economic Issues, 31, 4
DOI 10.1007/s10834-010-9224-1
Abstract This paper integrates relevant literature and the Sustainable Family Business Model regarding interchange of financial resources between family and business. Two distinct literatures on the use of owner resources in small businesses are examined: the intermingling of business and household resources from the family firm literature and financial bootstrapping studies from the small business finance literature. What has not been addressed in both literatures about the use of owner resources is discussed and the risks that owner resource bootstrapping and intermingling may place on the household and the business are considered. Recommendations and propositions for future research are suggested. To fully understand the makeup and success of household financial portfolios and family businesses, it is important to understand the use of owner resources in a holistic manner.
Author Keywords Family business; Financial bootstrapping; Financial intermingling; Owner resources; Small business; Sustainable Family Business Model
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:000211123900002
WoS Category Economics; Family Studies
Research Area Business & Economics; Family Studies
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