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Family Business: A Global Perspective from the Panel Study of Entrepreneurial Dynamics and the Global Entrepreneurship Monitor

In: Understanding Family Businesses

Author

Listed:
  • Charles H. Matthews

    (College of Business, University of Cincinnati)

  • Diana Hechavarria

    (College of Business, University of Cincinnati)

  • Mark T. Schenkel

    (College of Business Administration, Belmont University)

Abstract

This chapter directly examines the relevant literature for addressing several ­fundamental issues associated with family business and entrepreneurship. While a substantive literature has evolved over time with regard to family business management and succession issues, relatively less is understood about the vital role of family business in nascent entrepreneurial activity. Without question, family business enjoys a long and critical role in the global ascendency of the industrial age (Bird et al. 2002). Relatively little is understood, however, about underlying critical issues associated with family influence in nascent entrepreneurial activity. For example, family business research has long been focused on the many succession issues associated with the founding or subsequent generations of family members with respect to ownership and management (Dyer and Handler 1994). Only recently, have we begun to shift our attention to the more salient issues surrounding the venture creation process. For example, Chang et al. (2009) use a resource-based view examine social capital and network theories that influence the venture creation process.

Suggested Citation

  • Charles H. Matthews & Diana Hechavarria & Mark T. Schenkel, 2012. "Family Business: A Global Perspective from the Panel Study of Entrepreneurial Dynamics and the Global Entrepreneurship Monitor," International Studies in Entrepreneurship, in: ALAN CARSRUD & Malin Brännback (ed.), Understanding Family Businesses, chapter 0, pages 9-26, Springer.
  • Handle: RePEc:spr:inschp:978-1-4614-0911-3_2
    DOI: 10.1007/978-1-4614-0911-3_2
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    Citations

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    Cited by:

    1. Luis Araya-Castillo & Felipe Hernández-Perlines & Hugo Moraga & Antonio Ariza-Montes, 2021. "Scientometric Analysis of Research on Socioemotional Wealth," Sustainability, MDPI, vol. 13(7), pages 1-26, March.
    2. Zahid Yousaf & Magdalena Radulescu & Crenguta Ileana Sinisi & Luminita Serbanescu & Loredana Maria Păunescu, 2021. "Towards Sustainable Digital Innovation of SMEs from the Developing Countries in the Context of the Digital Economy and Frugal Environment," Sustainability, MDPI, vol. 13(10), pages 1-28, May.
    3. Dessì, Cinzia & Dettori, Angela & Floris, Michela, 2023. "Exploring different configurations of entrepreneurial orientation in small artisan family firms: A multi-case study," Journal of Family Business Strategy, Elsevier, vol. 14(3).
    4. Laith T. Khrais & Abdullah M. Alghamdi, 2022. "Factors That Affect Digital Innovation Sustainability among SMEs in the Middle East Region," Sustainability, MDPI, vol. 14(14), pages 1-13, July.
    5. Hernández-Perlines, Felipe & Covin, Jeffrey G. & Ribeiro-Soriano, Domingo E., 2021. "Entrepreneurial orientation, concern for socioemotional wealth preservation, and family firm performance," Journal of Business Research, Elsevier, vol. 126(C), pages 197-208.
    6. Tommaso Minola & Nadine Kammerlander & Franz W. Kellermanns & Frank Hoy, 2021. "Corporate Entrepreneurship and Family Business: Learning Across Domains," Journal of Management Studies, Wiley Blackwell, vol. 58(1), pages 1-26, January.

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