Rural and Urban Family Business Portfolio Growth: The Role of Entrepreneurial Legacy
通过分析四个巴基斯坦家族企业组合，发现农村企业倾向于内部增长和相关多元化，而城市企业则通过收购和合作实现外部增长及非相关多元化，创业遗产的代际传递是关键机制。
Applying an inductive case study approach, we analyze four Pakistani family business portfolios and reveal that rural-based family business portfolios tend to grow internally (organically) and through related diversification. In contrast, urban-based portfolios rather grow externally through acquisitions and partnerships and pursue unrelated diversification. The family’s entrepreneurial legacy and how it is transferred to members of the next generation through grooming and imprinting in rural versus urban contexts emerge as a key underlying mechanism.