(Nowy Sacz School of Business – National-Louis University, 2012) Durán-Encalada, Jorge A.; San Martin-Reyna, Juan M.; Montiel-Campos, Héctor
This paper builds on existing theoretical and empirical studies in the areas of family
business and entrepreneurship. It uses Dubin ́s theory building framework to propose a
model for conducting research of family businesses and its linkage to entrepreneurial
activities in Mexico. This works starts by describing the concepts of family business and
explains the importance that these definitions can have on the variables to be included
in the research. After that, the paper explains how the concept of “familiness” relates
to the essence definition of family business. Using the resource-based view (RBV),
agency theory, and social capital theories we describe how social capital resources are
the basis for building firm capabilities and competitive advantages that influence firm’s
performances. Based on this perspective, a theoretical model, laws of interaction, a set of
propositions and suggestions for further research are provided.