Family Entrepreneurship in the Local Economic Structure: A Study in Ecuador
Keywords:
Family entrepreneurship, income, fairs, training, economic structure
Abstract
This research paper analyzes the impact of family entrepreneurship on the economic structure of Ecuador, Guano Canton. It adopts a qualitative and quantitative approach. The sample represents the total entrepreneurial population, which includes 72 entrepreneurs. Using analytical methods such as multinomial logistic regression and multiple linear regression, it examines how family entrepreneurship, measured through income generated, entrepreneur training, and participation in fairs, relates to the canton's economic structure. It highlights the role of entrepreneurship in job creation, economic diversification, and social progress in the canton. It also emphasizes the dynamic interaction between entrepreneurs and the community, as well as the importance of training mechanisms and participation in fairs in promoting innovation and entrepreneurial development.
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References
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3. Arregle, J. L., Calabrò, A., Hitt, M. A., Kano, L., & Schwens, C. (2024). Family business and international business: Breaking silos and establishing a rigorous way forward. Journal of World Business, 59(3), 101532. https://doi.org/10.1016/j.jwb.2024.101532
4. Astrachan, J. H., Binz Astrachan, C., Campopiano, G., & Baù, M. (2020). Values, spirituality and religion: Family business and the roots of sustainable ethical behavior. Journal of Business Ethics, 163(4), 637-645.
5. Ayaviri-Nina, D., Cáceres-Guzmán, J., Quispe Fernández, G. M., & Maldonado-Nuñez, A. I. (2023). The Determinants of Success in Entrepreneurship: A Study in the Urban Area of Ecuador. Sustainability, 15(6), 5277. https://doi.org/10.3390/su15065277
6. Ayaviri-Nina, V. D., Aroca, S. A. M., Fernandez, G. M. Q., Rodriguez, E. A., Ruiz, D. F., & Vaca, G. M. Z. (2024). Bibliometric analysis of innovation in the social economy. Its theoretical implications. Geo Journal of Tourism and Geosites, 56(4), 1576-1588. https://doi.org/10.30892/gtg.56414-1328
7. Bargoni, A., Alon, I., & Ferraris, A. (2023). A systematic review of family business and consumer behaviour. Journal of Business Research, 158, 113698. https://doi.org/10.1016/j.jbusres.2023.113698
8. Blanco-Gonzalez-Tejero, C., & Cano-Marin, E. (2023). Empowerment of women's entrepreneurship in family business through Twitter. Journal of Family Business Management, 13(3), 607-625. https://doi.org/10.1108/JFBM-04-2022-0050
9. Bislimi, K. (2022). Determinants of family entrepreneurship in the beekeeping sector. Journal of Family Business Management, 12(1), 106-119. https://doi.org/10.1108/JFBM-07-2020-0070.
10. Bichler, B. F., Kallmuenzer, A., Peters, M., Petry, T., & Clauss, T. (2022). Regional entrepreneurial ecosystems: how family firm embeddedness triggers ecosystem development. Review of Managerial Science, 16(1), 15-44. https://doi.org/10.1007/s11846-020-00434-9
11. Brogan, G. S., & Dooley, K. E. (2024). Weaving together social capital to empower women artisan entrepreneurs. International Journal of Gender and Entrepreneurship, 16(1), 69-88. https://doi.org/10.1108/IJGE-03-2023-0076
12. Buitron, N., & Deshoullière, G. (2023). “Inculturating the market”. Entrepreneurial perspectives on capitalist predation among the Shuar of Ecuadorian Amazonia. Terrain. Anthropologie & sciences humaines, (78). https://doi.org/10.4000/terrain.25065
13. Buratti, N., Sillig, C., & Albanese, M. (2022). Community enterprise, community entrepreneurship and local development: a literature review on three decades of empirical studies and theorizations. Entrepreneurship & Regional Development, 34(5-6), 376-401. https://doi.org/10.1080/08985626.2022.2047797
14. Cabrera, C. E. M., Ríos, D. A. Z., Ruiz, J. E. L., & León, V. J. P. (2021). Ciber agricultura familiar en tiempo de COVID 19, contexto Guano-Ecuador. ConcienciaDigital, 4(3.1), 355-380. https://doi.org/10.33262/concienciadigital.v4i3.1.1839
15. Cacay, J. C. C., Benítez, L. B. C., & Mesones, K. R. (2023). Conditions that foster Entrepreneurial Activity in Ecuador: Empirical Analysis of Financing and Government Policies. Cumbres, 9(1), 21-38. https://doi.org/10.48190/cumbres.v9n1a2
16. Camilleri, M. A., & Valeri, M. (2021). Thriving family businesses in tourism and hospitality: a systematic review and a synthesis of the relevant literature. Journal of Family Business Management, 12(3), 555-576. https://doi.org/10.1108/JFBM-10-2021-0133
17. Cevallos, C. A., & Zaldumbide, D. (2021). Empresas familiares, evolución o involución en mercados locales. Polo del Conocimiento, 6(3), 1454-1474.
18. Chirapanda, S. (2020). Identification of success factors for sustainability in family businesses: Case study method and exploratory research in Japan. Journal of Family Business Management, 10(1), 58-75. https://doi.org/10.1108/jfbm-05-2019-0030
19. Clauß, T., Kraus, S., & Jones, P. (2022). Sustainability in family business: Mechanisms, technologies and business models for achieving economic prosperity, environmental quality and social equity. Technological Forecasting and Social Change, 176, 121450. https://doi.org/10.1016/j.techfore.2021.121450
20. Cruz, A. D., Hamilton, E., Campopiano, G., & Jack, S. L. (2024). Women’s entrepreneurial stewardship: The contribution of women to family business continuity in rural areas of Honduras. Journal of Family Business Strategy, 15(1), 100505. https://doi.org/10.1016/j.jfbs.2022.100505
21. Desfrancois, F., & Gilles, P. (2023). Entrepreneurship and its contribution to the ecuadorian economy. Revista Investigación y Negocios, 16(27), 25-40. https://doi.org/10.38147/invneg.v16i27.155.
22. Ferreira, J. J., Fernandes, C. I., Schiavone, F., & Mahto, R. V. (2021). Sustainability in family business–A bibliometric study and a research agenda. Technological forecasting and social change, 173, 121077. https://doi.org/10.1016/j.techfore.2021.121077.
23. Ferreira, J. J., Fernandes, C. I., Schiavone, F., & Mahto, R. V. (2021). Sustainability in family business–A bibliometric study and a research agenda. Technological forecasting and social change, 173, 121077. DOI: https://doi.org/10.1016/j.techfore.2021.121077
24. Floris, M., & Dettori, A. (2024). “With our feet on the ground and our minds free to fly”: multiple embeddedness and entrepreneurial orientation in small and medium-sized family businesses. Journal of Management and Governance, 28(2), 565-595. https://doi.org/10.1007/s10997-023-09674-9
25. Galvão, A. R., Marques, C. S., Ferreira, J. J., & Braga, V. (2020). Stakeholders’ role in entrepreneurship education and training programmes with impacts on regional development. Journal of Rural Studies, 74, 169-179. https://doi.org/10.1016/j.jrurstud.2020.01.013
26. Gashi Nulleshi, S. (2024). How do women entrepreneurs influence the strategic orientation of family businesses? A typology of Swedish decision-making in Småland community. Journal of Enterprising Communities: People and Places in the Global Economy, 18(2), 117-144. https://doi.org/10.1108/JEC-06-2022-0091
27. Gimmon, E., & Felzensztein, C. (2023). The emergence of family entrepreneurship in the transition economy of Cuba. International Journal of Emerging Markets, 18(9), 2239-2258.: https://doi.org/10.1108/IJOEM-09-2020-1099
28. Gomez-Mejia, L., Basco, R., Gonzalez, A. C., & Muller, C. G. (2020). Family business and local development in Iberoamerica. Cross Cultural and Strategic Management, 27(1), 51-66. https://doi.org/10.1108/CCSM-02-2020-223
29. Gomez-Mejia, L. R., Mendoza-Lopez, A., Cruz, C., Duran, P., & Aguinis, H. (2024). Socioemotional wealth in volatile, uncertain, complex, and ambiguous contexts: The case of family firms in Latin America and the Caribbean. Journal of Family Business Strategy, 15(1), 100551. https://doi.org/10.1016/j.jfbs.2022.100551
30. Hadri, V., Dvouletý, O., Bögenhold, D., & Sawy, A. (2023). How family and a migrant background influence family entrepreneurship: findings from a systematic literature review. FIIB Business Review, 23197145231158515. https://doi.org/10.1177/23197145231158
31. Hair, J. F., Astrachan, C. B., Moisescu, O. I., Radomir, L., Sarstedt, M., Vaithilingam, S., & Ringle, C. M. (2021). Executing and interpreting applications of PLS-SEM: Updates for family business researchers. Journal of Family Business Strategy, 12(3), 100392. https://doi.org/10.1016/j.jfbs.2020.100392
32. Harahap, M. A. K., Ausat, A. M. A., Sutrisno, S., Suherlan, S., & Azzaakiyyah, H. K. (2023). Analyse the Role of Family in Entrepreneurship Education: Effective Support and Assistance. Journal on Education, 5(4), 14563-14570. https://doi.org/10.31004/joe.v5i4.2510
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Published
2025-06-10
How to Cite
Ayaviri-Nina, V. D., Zuniga Robalino, A. M., Romero-Flores, M. L., Condori, D. G., & Menar, B. R. (2025). Family Entrepreneurship in the Local Economic Structure: A Study in Ecuador. European Scientific Journal, ESJ, 42, 1. Retrieved from https://eujournal.org/index.php/esj/article/view/19620
Section
ESI Preprints
Copyright (c) 2025 Victor Dante Ayaviri-Nina, Allison Mishell Zuniga Robalino, Martha Lucia Romero-Flores, Daniela Guzman Condori, Braulio Ramos Menar
This work is licensed under a Creative Commons Attribution 4.0 International License.
