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Like old vineyards that still produce great wines, older family businesses thrive across many generations developing resilient responses in the face of competition, market shifts and family Read More...
Category: Research Insight
Authors: Alfredo De Massis , Elisa Conz and Peter Lamb
Only about a third of family businesses make it to a second generation beyond the founder. Conventional wisdom says that these firms falter because the owners didn’t have a succession Read More...
Category: Theory and Research
Authors: James Hoffman , Ritch Sorenson and Keith Brigham
When it comes to innovation, family firms often are trapped in an “ability–willingness paradox”: the superior ability to innovate is unrealized because of fear of innovation. Our research 1 Read More...
Category: Applied and Practice
Authors: Emanuela Rondi , Alfredo De Massis and Josip Kotlar
This feature and video are part of America’s Entrepreneurs: Making it Work , a Rewire initiative made possible by the Richard M. Schulze Family Foundation and EIX, the Read More...
Category: Features
Author: Alauna Yust
Many of us may remember the “Choose Your Own Adventure” books from childhood. In these tales, the story develops to a point and presents a scenario choice to the reader. Depending on the choice Read More...
Category: Education and Teaching
Authors: Whitney Peake and Teran Sundy
More than 20 years ago, Steven Aldrich showed the Mosaic Browser to his father, noted entrepreneurship professor Howard Aldrich. It was a time when Steven was imagining a future in helping Read More...
Category: Interviews
Author: Howard E. Aldrich
Dick Schulze, the founder of Best Buy and EIX, shares his experiences as an entrepreneur and innovator, including how he tripled his income from his boyhood paper route; quit a retail job when his Read More...
Category: Interviews
Author: James C Wetherbe
Entrepreneurial startups have the advantage of nimbleness that comes from being small and collaborative. They are a speedboat compared to the corporate barges they compete against in the early stages Read More...
Category: Applied and Practice
Author: James C Wetherbe