ABSTRACT
Culture can be thought of as a group or community's set of shared beliefs, values, and norms. Extending this, culture can be seen as a collective phenomenon shaped by a person's social environment rather than their genes. Established role interactions and a shared vision reduce the threat of opportunistic behaviour and help establish a social norm of reciprocity, which reinforces good governance commitments or faintly agreed decisions and directives. In an immigrant family business, a shared vision involves family members' collective ideas about the future of the business, including designed business domains, desired growth rates, and financial performance. The main strategic concern of immigrant family business growth is to ensure that the process of growth is both supported and controlled by the structures and processes of the business. Ethnic entrepreneurial growth can be seen as fostering the entrepreneurial spirit by following innovative growth strategies, thereby ensuring organic growth for the immigrant family businesses concerned.
