Entrepreneurship: Theory and Practice
Anthropological kinship theory is explored for potential contributions to a theory of family business. This paper considers the costs and benefits of a role for kinship in business. Both derive from the discrepancy between the normative orders of kinship and markets; respectively, long-term generalized reciprocity and short-term balanced reciprocity. Because the former reflects the morality of society as a whole, kinship integrates social fields more readily than more specialized orders like markets.
Stewart, Alex, "Help One Another, Use One Another: Toward An Anthropology of Family Business" (2003). Management Faculty Research and Publications. 46.
Accepted version. Entrepreneurship Theory and Practice, Vol. 27, No. 4 (Summer 2003): 383-396. DOI. © 2003 Wiley. Used with permission.