HOUSEHOLD AND OWNERSHIP OF FAMILY BUSINESS: EMERGING EVIDENCE IN FAMILY SOCIAL CAPITAL

Abstract

Background: Social capital is emerging concept study the social structure from bottom to higher level. Household entrepreneurship reflects upon a discursive pathway of social capital provide an approach to analyse outcome of social structure in economic opportunity. Household is a small family business at MSMEs level contributing essential role in economic growth. The study analysed household family entrepreneurs with their ownership affects on production for boosting regional economy.

Method: The hundred household entrepreneurs were selected randomly and analysed the data by descriptive, correlation and regression.

Result: The study revealed that correlation between Family business, ownership and sale production but ownership has more effects on the production.

Conclusion: Entrepreneurs are the social capital shared their resources keep family intact and more effort for economic growth