Track: Entrepreneurship

Abstract

There is no doubt about the importance of the family business within the economic fabric, that is why public policies and the academy of researchers around the world focus on ensuring their subsistence, since this type of company is one of the enterprises that disappears when passing to the second generation. Because of this, it is necessary that researchers orient their efforts in those problems inherent to the operation of the organization, leaving aside intrinsic factors of the family-business circle, which are crucial for the survival of the company; thus, the literature review shows that said survival does not depend on economic issues but on other subjective factors.

The construct “familiness” refers to the interaction that the family has in the company and, which leads the business to develop distinctive characteristics, which can contribute both to knowledge and shed light on the field of study of family businesses. Therefore, the objective of this work is to analyze the relationship of the dimensions of the participation, essence and identity approaches of the business and the family business. The main results suggest that the dimensions of the participation, essence, as well as organizational identity approaches are related to the family business, tha is, the infkuence of the family in the business is unavoidable, where from the level of paricipation of the family members the essence of the organization will depend on, allowing it to be distinguished from non-family members  due to its unique, inseparable and synergistic characteristics.