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Emerging Business, Emerging Field: Entrepreneurship and the Family Firm

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  • Frank Hoy
  • Trudy G. Verser

Abstract

This article proposes that the fields of entrepreneurship and family business consist of separate and distinct but overlapping domains. The intersection of the two domains provides a unique perspective from which to examine six strategic management issues: leadership, culture, boards of directors, life cycles, strategic management processes, and ethics and values. Gartner's eight principal ideas or themes In the study of entrepreneurship are used to describe the areas of commonality of entrepreneurship and family business. The Gartner framework has implications both for scholars and practitioners.

Suggested Citation

  • Frank Hoy & Trudy G. Verser, 1994. "Emerging Business, Emerging Field: Entrepreneurship and the Family Firm," Entrepreneurship Theory and Practice, , vol. 19(1), pages 9-23, October.
    • Handle: RePEc:sae:entthe:v:19:y:1994:i:1:p:9-23
    DOI: 10.1177/104225879401900101
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    References listed on IDEAS

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    1. Gartner, William B., 1990. "What are we talking about when we talk about entrepreneurship?," Journal of Business Venturing, Elsevier, vol. 5(1), pages 15-28, January.
    2. Robert H. Brockhaus Sr., 1987. "Entrepreneural Research: Are We Playing the Correct Game?," Entrepreneurship Theory and Practice, , vol. 11(3), pages 43-50, January.
    3. Frank Hoy, 1989. "Editorial: Audiences for Entrepreneurship Research," Entrepreneurship Theory and Practice, , vol. 13(3), pages 5-6, April.
    4. Robert Ronstadt & Karl H. Vesper & W. Ed McMullan, 1988. "Entrepreneurship: Today Courses, Tomorrow Degrees?," Entrepreneurship Theory and Practice, , vol. 13(1), pages 7-13, October.
    5. William R. Sandberg, 1992. "Strategic Management's Potential Contributions to a Theory of Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 16(3), pages 73-90, April.
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