ABSTRACT
There is oversimplification at two levels. First, the family might own, or family members might co-own, several businesses in different constellations. In the cases featured in this book, just one out of all the families, the Swedish family, owned only one company. Second, the family and its ownership might be a part of a wider social fabric of businesses that are within the same field, or providing related products, often known as a cluster region (or regional cluster) as proposed by Porter (1998). We will explore a best practice case that will illustrate how a founder business developed into a cluster of companies, owned by different family members. The development of these businesses was instrumental in, and happened concurrently with, the development of a cluster region for the production of a particular type of product.
