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Changing demographics, economic upheavals, and other factors have led to a big increase in people who choose to start their own businesses late in life. The Ewing Marion Kauffman Foundation Read More...
Category: Commentary
Author: David Deeds
Just two years ago, generative AI was not on anyone's radar. But today, it promises to be one of the most disruptive forces for family businesses and all kinds of firms. We have seen it in our own Read More...
Category: Applied and Practice
Authors: Mat Hughes and David Townsend
Just two years ago, generative AI was not on anyone's radar. But today, it promises to be one of the most disruptive forces in the business world in the future. We have seen it in our own Read More...
Category: Commentary
Authors: Mat Hughes and David Townsend
Family businesses often have not only financial wealth but also nonfinancial values that make them different from nonfamily companies. For instance, the family’s significant control over ownership, Read More...
Category: Research Insight
Authors: Josh Hsueh , Alfredo De Massis and Luis Gomez-Mejia
If you watch television or read the business pages, you already know that little or no succession planning at family businesses can lead to devastating consequences: back-stabbing, lawsuits, Read More...
Category: Commentary
Authors: Kimberly Eddleston and Mat Hughes
It is always exciting when a startup grows big enough to hire beyond the founding team. It can also be frightening for the founders, because being an employer means new responsibilities: Read More...
Category: Applied and Practice
Author: Gavin Williamson
For all kinds of companies including family businesses, a charismatic founder or leader can bring profound benefits, especially if he or she is well-liked. It can boost sales and make it easier to Read More...
Category: Commentary
Author: Kimberly Eddleston
Conventional business wisdom holds that innovation comes from smart strategizing inside the company. However, business innovations are often prompted by factors outside of a company. Increasingly, Read More...
Category: Research Insight
Authors: Theodore L. Waldron , James C Wetherbe , Chad Navis , Elizabeth Karam and Gideon Markman
MINNEAPOLIS, March 22, 2024 -- Get ready for the return of e-Fest® to Minneapolis, MN, hosted by the University of St. Thomas from April 18-20! This year marks the 8th edition of our annual business Read More...
Category: Commentary
Author: Jennifer Gessner
FamilyBusiness.org aims to provide family business owners and leaders advice that helps them be more successful. One important source of advice is based on research: rigorous studies that analyze Read More...
Category: Commentary
Authors: Kimberly Eddleston and Mat Hughes