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To Be or Not to Be in a Family Business: The Case of Eight Countries in South-Eastern European Region

In: Family Businesses in Transition Economies

Author

Listed:
  • Jaka Vadnjal

    (GEA College – Faculty for Entrepreneurship)

  • Predrag Ljubotina

    (GEA College – Faculty for Entrepreneurship)

Abstract

Family businesses account for a major share of small-sized firms in several economies. Taking into account the global economic situation this trend is expected to continue. With the goal of better understanding the process of transferring the business to the next generation, which ensures a long-term success, expectations of student’s with family business background were investigated. This particular research addresses the issue of an individual’s perception of entrepreneurship and the related factors that influence individual’s decision on whether to build a career as an employee, a successor of family business or as an independent entrepreneur. Some Western and some South-Eastern European were separately analysed population for the purpose of comparative study. The results show important differences between investigated populations. It has been anticipated that differences are caused by historical, cultural and educational backgrounds. This challenging area is raising a lot of sub-questions for possible future research.

Suggested Citation

  • Jaka Vadnjal & Predrag Ljubotina, 2015. "To Be or Not to Be in a Family Business: The Case of Eight Countries in South-Eastern European Region," Springer Books, in: Léo-Paul Dana & Veland Ramadani (ed.), Family Businesses in Transition Economies, edition 127, pages 99-111, Springer.
  • Handle: RePEc:spr:sprchp:978-3-319-14209-8_5
    DOI: 10.1007/978-3-319-14209-8_5
    as

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