New venture creation and organization: A familial sub-narrative

This research is based on a longitudinal study of the organizational creation and evolution of a technology-based start-up. The study elucidates a "familial" sub-narrative. Although not typically described as a family firm, many references to the role of family, family ties, and the resources they provide are embedded in the story of the firm's founding. This research provides four main contributions. First, the important issue of the meta-narrative used in organizational research is raised along with the need to explore more subtle voices and sub-narratives. Second, the substantial role of family and familial ties in the venture creation process is clarified. Third, useful information about the origins of new firms is provided. Finally, the research represents an attempt to establish a broader conceptual model of the intersection between family and economic organization. (c) 2007 Elsevier Inc. All rights reserved.