Entrepreneurship Process As The Creation Of Business By Engaging Family Members: Based On The Perceived Emotion

Abstract

The family business background expects us to start to scrutinize these understood presumptions and, along these lines, raise possibilities for future studies to make essential commitments. In sum, we can learn a great deal about the process of possibilities identification and refinement by exploring social interactions in the family business context and thereby make essential contributions to theory. We can also learn a great deal about the transformations of the family and the business by exploring the identification and refinement of possibilities. Although scholars have highlighted the importance of relational and family factors for the sustainability of a family business, there is not much empirical research exploring how emotions and the management of emotions play a role in the interpersonal dynamics of family business owners. The purpose of this paper is to explore how the way family members manage their emotions affects the interpersonal dynamics in the family, business, and ownership subsystems of a family business. The results indicate that the capability that family members have to manage their emotions influences the interpersonal dynamics that take place in the family business at the individual and group level. In this case, the paper found that although perceived emotion (PE) affected interpersonal relationships in business, this effect was based on the individual’s willingness to use their PE capabilities, the previous history between people, and the goals individuals have within each subsystem in a family business. The paper also found that interpersonal dynamics, in turn, influence how family members work together.