Bric by bric: The role of the family household in sustaining a venture in impoverished Indian slums |
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| Institution: | 1. Texas Christian University, Neeley School of Business, TCU Box 298530, Fort Worth, TX 76129, USA;2. Concordia University, John Molson School of Business , 1450 Guy St, Montreal, QC H3H 0A1, Canada;1. Department of Management Programs, Florida Atlantic University, 313 Fleming Hall, 777 Glades Rd., Boca Raton, FL 33431, USA;2. IZA, Bonn, Germany;3. Department of Economics, Boston College, 140 Commonwealth Ave, Chestnut Hill, MA 02467-3806, USA;1. University of Alberta, Edmonton, AB T6G 2R6, Canada;2. Cardiff University, Cardiff, Wales CF10 3EU, UK;1. Department of Management, Hankamer School of Business, Baylor University, United States;2. Department of Management and Entrepreneurship, Kelley School of Business, Indiana University, United States;3. Initiative for Studies in Transformational Entrepreneurship, Wisconsin School of Business, University of Wisconsin, United States;1. Department of Management and Marketing, Faculty of Business, Hong Kong Polytechnic University, Hung Hom, Kowloon, Hong Kong;2. Institute of Management, Faculty of Economics, University of Lugano, Lugano, Switzerland;3. EM Lyon, Ecully, France;1. Robert A. Foisie School of Business, Worcester Polytechnic Institute, 100 Institute Road, Worcester, MA 01609-2280, United States;2. Department of Marketing and Entrepreneurship, College of Business Administration, Kent State University, P.O. Box 5190, Kent, OH 44242-0001, United States;1. Marriott School, Brigham Young University, Provo, UT 84604, United States;2. Harmon College of Business and Professional Studies, University of Central Missouri, United States;3. Trulaske College of Business, University of Missouri, Columbia, MO 65211, United States |
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| Abstract: | We advance understanding of the embedded role of the family household in governing firm performance in an impoverished setting. Drawing on bricolage theory, which articulates how individuals make do with resources at hand, we suggest that family household diversity facilitates creativity while family household shared business experience facilitates routinization. While initially performance enhancing, unfettered creativity and overroutinization have detrimental effects and thus expect the highest levels of performance to occur at moderate levels of family household diversity and shared business experience. We find general support for our hypotheses using a large sample of firms and families in impoverished Indian households. |
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