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Courtney Burton has spent most of her career in the retail industry. She was a merchant for several major companies, including Target, CVS, Albertson's and Lane Bryant. For the last 11 years of her Read More...

Category: Features

Author: Chris Farrell

Many business owners do not like to think about succession – it means confronting their own mortality – but at some point, every family business must deal with succession planning (Ahrens, 2020). Read More...

Category: Research Insight

Authors: Jan-Philipp Ahrens , Melania Riefolo , Annegret Hauer and Katharina Siegert

The rapid advancement of generative AI (GenAI) tools like ChatGPT, DALL-E, and others represents an exciting new frontier for enhancing human creativity. As these technologies gain capabilities once Read More...

Category: Applied and Practice

Authors: Judy Rady and David Townsend

The venture capital industry has witnessed a surge in investments by micro venture capital (or “micro VC”) firms, which have emerged as a crucial player in the startup ecosystem. These are Read More...

Category: Research Insight

Authors: Mario Daniele Amore , Annamaria Conti and Valerio Pelucco

Pandemics, wars, and natural disasters can have a significant impact on the economy and its organizations.  Such events are called “exogenous shocks” because they come without warning from Read More...

Category: Research Insight

Authors: Rebecca Alguera Kleine , Bingbing Ge and Alfredo De Massis

Maureen and Jim Elitzak are known around Scottsdale, Arizona, for their exquisite bonbons, bars, brownies and caramels, which can be found at Zak's Chocolate , the shiny shop where they make Read More...

Category: Features

Author: Ellen Ryan

The importance of entrepreneurship to the economy is well established. Entrepreneurship drives economic growth and helps to solve society’s intractable problems, from curing disease to lowering Read More...

Category: Research Insight

Authors: Eric Liguori , Matt Marvel , Shelby Solomon and Joshua Bendickson

Research shows that family businesses enjoy numerous reputational benefits in their relationships with stakeholders ( Astrachan , 2021). Customers usually believe they provide better quality; Read More...

Category: Research Insight

Authors: Philipp Jaufenthaler , Oliver Koll , Reinhard Prügl and Maximilian Lude

Many older Americans dream about working for themselves. Yet new business owners often find entrepreneurship stressful, especially during the lean start-up years. Fortunately, experts say that while Read More...

Category: Features

Author: Nancy Collamer

We already know that family firms differ from non-family firms by their powerful commitment to core values that subordinate profit to other goals. While non-family companies use rationality and Read More...

Category: Research Insight

Authors: Roy Suddaby , Wilson Ng , Natalia Vershinina , Gideon Markman and Matthew Cadbury