Family-owned Businesses - The Seat of Entrepreneurship: The Case of Three English-Speaking Caribbean Countries.

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  • Author(s): Nicholson, Lawrence A.
  • Source:
    Journal of Eastern Caribbean Studies. Aug2015, Vol. 40 Issue 2, p1-26. 26p.
  • Additional Information
    • Subject Terms:
      FAMILY-owned business enterprises; ENTREPRENEURSHIP; BUSINESSPEOPLE; ECONOMIC opportunities; CARIBBEAN economic conditions; TWENTY-first century
    • Abstract:
      In recent years increased attention has been given to family-owned businesses (FOBs), concomitant with robust entrepreneurial activities in the English-Speaking Caribbean (ESC). This raises the relevant question of any possible link between the two constructs, in the context of the ESC. Using data from three countries, the study explores the impact of FOBs on entrepreneurship in the ESC and concludes that FOB is the 'seat' of entrepreneurship in the region. With the seemingly global push in promulgating entrepreneurship as a platform for economic development, the study has implications for policy makers and family business and entrepreneurship researchers. [ABSTRACT FROM AUTHOR]