Portfolio Entrepreneurship as a Mixed Gamble: A Winning Bet for Family Entrepreneurs in SMEs

Author(s)

Cristina Cruz y Rachida Justo

Organization

Journal of Small Business Management 55 (4): 571-593

Publication

Wiley Online Library

Publication Type

Academic Research

The article conceptualizes portfolio entrepreneurship (PE ) decisions as a "mixed bet" where family entrepreneurs weigh potential gains and losses and analyze the unique socio-emotional wealth offsets of this strategic decision. The main theory suggests that family entrepreneurs will be more likely to participate in PE in small and medium-sized enterprise contexts than non-family entrepreneurs. In addition, our framework explores the amplifying effect of age, gender and ethnicity on the probability of taking the PE bet.

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Portfolio Entrepreneurship as a Mixed Gamble: A Winning Bet for Family Entrepreneurs in SMEs​

Portfolio Entrepreneurship as a Mixed Gamble: A Winning Bet for Family Entrepreneurs in SMEs