4-Helix Entrepreneurial Ecosystems Applied to KIBS: A Development Strategy for MSMEs

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Author(s): Jose Manuel Saiz-Alvarez (Tecnologico de Monterrey, Mexico)
Copyright: 2020
Pages: 21
Source title: Handbook of Research on Increasing the Competitiveness of SMEs
Source Author(s)/Editor(s): Rafael Perez-Uribe (Universidad de la Salle, Colombia), David Ocampo-Guzman (EAN University, Colombia), Carlos Salcedo-Perez (EAN University, Colombia), Lorena Piñeiro-Cortes (EAN University, Colombia)and Maria Del Pilar Ramirez-Salazar (EAN University, Colombia)
DOI: 10.4018/978-1-5225-9425-3.ch012

Keywords: Business & Management / Business & Organizational Research / Business Science Reference / Small and Medium Enterprises

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Abstract

This chapter studies how 4-helix entrepreneurial ecosystems determine KIBS (Knowledge Intensive Business Services) mainly created by second- and third-generation family firms, and how their family and non-family members influence future entrepreneurs. The answers of 535 full-time students ages 18-24 years old, randomly distributed between men and women, were analyzed. Findings of this chapter are: a) Mothers have the highest impact (39.4%) on their children's decision making compared to fathers (22.4%); b) Professors have the least impact (3.8%); c) Franchises is a good option for business to grow; d) Firms using 3-F (family, friends, and self-financing) strategies and treasury stock operations have a better chance of growing.

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4-Helix Entrepreneurial Ecosystems Applied to KIBS: A Development Strategy for MSMEs

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