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What is Partial Family Business Model

Chapter 3
Senior Entrepreneurship and Aging in Modern Business
The family has only the ownership or management and partially works in the firm.
Published in Chapter:
Senior Entrepreneurship and Family Business Vitality in Saudi Arabia
Jose Manuel Saiz-Alvarez (EGADE Business School, Tecnologico de Monterrey, Mexico & The Mexican Academy of Sciences, Mexico), Alicia Coduras (GERA, UK), and Muhammad Azam Roomi (Prince Mohammad Bin Salman College, Saudi Arabia)
Copyright: © 2020 |Pages: 20
DOI: 10.4018/978-1-7998-2019-2.ch003
Abstract
The Saudi economy constitutes 30% of the Arab world's GDP (gross domestic product). Traditionally focused on oil and natural gas, the economy is in the process of a structural transformation in which entrepreneurship has a pivotal role to play. Sixty percent of Saudi Arabia's population is under the age of 30. Against this background, this chapter will analyze senior entrepreneurship and the creation of family businesses in Saudi Arabia. Finally, the authors propose some measures for their generation.
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