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The analytical review of definition of the concept “family entrepreneurship†of the Russian authors is presented in article. A number of the main tendencies in modern domestic researches of family business’ institute are given. It is established that a considerable part of scientific works in the sphere of a modern domestic family entrepreneurship’s research is concentrated directly on a perspective of transfer mechanisms of family enterprise to successors. It is defined that the lack of domestic family entrepreneurship’ basic researches is caused by natural closeness of the Russian family companies. Also as the reason of poor development of the theory of domestic family entrepreneurship and researches devoted to definitions of family entrepreneurship seems existence of the significant historical gaps leading to loss of historical and social experience of conducting entrepreneurship activity. On the basis of a research of a family entrepreneurship phenomenon the conclusion is drawn that its development depends on coordinate actions of family firms’ owners, the state and scientists. The hypothesis that the Russian family enterprises are faced by a problem of achievement of reference to small entrepreneurship entities criteria today is made. The entity of family entrepreneurship as diversities of enterprise activity’s forms of the close relatives on the basis of their family capital is defined. It is established that a certain structure can be referred to the subject family entrepreneurship at preservation in its framework of the following fundamental components: family property, continuity of generations and family management. It is defined that development of a uniform, system concept of institute “family entrepreneurship†requires legislative fixing of its functioning fact in the territory of the Russian Federation.