Medical Journal of Mashhad university of Medical Sciences

Medical Journal of Mashhad university of Medical Sciences

Investigating the reviving role of entrepreneurial exit in Iranian family businesses during of COVID-19 Prevalence

Document Type : Research Paper

Authors
Mohammad Reza Akhavan 1
Seyed Mojtaba Sajjadi 2
Kamal Sakhdari 3
1 PhD student, Entrepreneurship Department, Qazvin Branch, Islamic Azad University, Qazvin, Iran
2 Associate Professor, New Business Department, Faculty of Entrepreneurship, University of Theran, Tehran, Iran. (Corresponding Author)
3 Assistant Professor, Educational Associate Professor, Organizational entrepreneurship Department, Faculty of Entrepreneurship, University of Theran, Tehran, Iran.
10.22038/mjms.2020.22137
Abstract
Introduction: Family businesses can combine commercial activities with emotional obligations governing the family and create a suitable platform for the financial growth of the family and job creation. The present study seeks to identify and explain the strategy of taking advantage of entrepreneurial exit to revive family businesses in Iran during of COVID-19 Prevalence.
Methods: The method of qualitative research is to select the sample and identify the study cases, using the purposeful sampling method and identifying forty family businesses that have experience in the exit category, and finally twenty-eight interviews with their owners were completed.
Results: The results of this research provide clear evidence of the major and effective role of entrepreneurial exit in reviving business among family companies in Iran.
Conclusion: It seems that family businesses can play an effective role in new businesses for families, especially during the Corona epidemic, however, more research is needed to increase the external validity of the research.
Keywords
Entrepreneur
Entrepreneurial Exit
Family Businesses
Economy
COVID-19
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Medical Journal of Mashhad university of Medical Sciences
Volume 63, Issue 5
January and February 2021
Pages 3016-3033