Family business is the most prominent form of business organization, and its importance to the global economy cannot be under-estimated. Until recently, the impact of the family on entrepreneurial firms has been under-researched, leading to a conceptual gap between the two areas of study, and an underestimation of the contribution of family systems to entrepreneurial success.
Starting from the consideration that family is an intimate and essential aspect of entrepreneurship, this book considers connections between family, family members, entrepreneurial behavior, family business, society and the economy. Bringing together a unique range of international contributions, it offers new theoretical perspectives and empirical insights as well as an in-depth consideration of the diversity of contexts and processes associated with entrepreneurship in family settings.
Above all, this book opens up a comprehensive research agenda on the linkages between family, family firms and entrepreneurship and will be of interest to researchers, educators and advanced students of entrepreneurship, small firms and family business.
Introduction: What We Know About Family Entrepreneurship (Cristina Bettinelli and Kathleen Randerson) Part I: Intersection Family Business and Entrepreneurship 1. Partitioning Socioemotional Wealth to Stitch Together the Effectual Family Enterprise (Saras Sarasvathy, Ishrat Ali, Joern Block and Eva Lutz) 2. Corporate Family Entrepreneurship, the Seven Circumstances (Salvatore Sciascia and Cristina Bettinelli) 3. Social Family Entrepreneurship: Social issues and stakeholder salience in small- and medium-sized family firms (Giovanna Campopiano, Alfredo De Massis and Lucio Cassia) 4. Internal Corporate Venturing in Multi-Generational Family Enterprises: A Conceptual Model (Justin Craig, Robert Garrett and Clay Dibrell) 5. The Impact of Domestic Drivers and Barriers on the Entrepreneurial Start-up Decision (Rob Lubberink, Vincent Blok, Johan A.C. van Ophem and Onno S.W.F. Omta) Conclusion to part I (Giovanna Dossena) Part II: Intersection Family Business and Family 6. The Process of Identity Construction in The Family Business: A discursive psychology perspective (Richard T. Harrison and Claire M. Leitch) 7. Keeping it in the Family: Financial rewards in family firms (Sara Carter and Friederike Welter) 8. Understanding Entrepreneurial Behaviors in Family Firms: Does the socioemotional wealth model explain differences? (Jonathan Bauweraerts and Olivier Colot) 9. Entrepreneurial Family Firms: A research note on their qualifying characteristics (Angelo Renoldi) Conclusion to part II (Giovanna Dossena) Part III: Intersection Entrepreneurship and Family 10. Family Context and New Venture Creation (Sharon M. Danes) 11. The Role of Networking in the Growth Process of Entrepreneurial Family Firms (Sarah Dodd Drakopoulou, Alistair Anderson and Sarah Jack) 12. Habitual Entrepreneurship and the Socioemotional Wealth of Dynastic Family Enterprise: A synthesis of arguments and directions for future research (Robert VDG Randolph, James Vardaman and Hanqinq Fang) 13. Typology of Interactions and Data Content in Qualitative Family Case Study Research (Céline Barredy) Conclusion: What we need to know about Family Entrepreneurship (Alain Fayolle)
'Research scientists and thoughtful practitioners interested in entrepreneurship and family business studies will draw inspiration from reading the multi-disciplinary research presented in this book. Congratulations to the editors and authors for an impressive compilation of chapters on key Family Entrepreneurship topics. A new field is born!' - Pramodita Sharma, Professor, University of Vermont, USA
'In Family Entrepreneurship, the editors make a huge contribution, both to scholars and to practitioners by providing the latest in theory and empirical research findings that will improve the quality of education for keeping family businesses healthy. We learn how to sustain family enterprises, but also how all organizations may succeed through entrepreneurial behavior. Family firms have much to tell us about the cultures, values and practices of successful businesses in the 21st century. This book has long been needed.' - Frank Hoy, Director, Collaborative for Entrepreneurship & Innovation, Worcester Polytechnic Institute, USA
'Overall this insightful edited collection invites readers to take a multidisciplinary view at family entrepreneurship by presenting relevant issues from a theoretical and a practical point of view, benefiting scholars and practitioners alike.' - Mariana Estrada-Robles, Sheffield University Management School, University of Sheffield, UK
'Some of the most interesting insights in this book involve the new analytical levels introduced, especially those related to the family, individuals, and the context. Altogether, the book undoubtedly takes a significant step toward more comprehensive research on family entrepreneurship, laying foundations for a range of research settings on this topic. I would highly recommend this book to academics... The book will be extremely useful for both PhD students and scholars at a later stage in their career, if they are planning to study family firms from a more entrepreneurial perspective.' - Tanja Leppäaho, University of Jyväskylä, Finland.