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As family business leaders are forced to deal with COVID-19, Winston Churchill’s advice comes to mind: “Never let a good crisis go to waste.” This suggests that as family firms Read More...
Category: Applied and Practice
Author: Kimberly Eddleston
Succession planning has been a heavily researched topic and buzzword for many years now. However, its lesser-known counterpart -- legacy planning – is becoming a part of many families' personal Read More...
Category: Applied and Practice
Author: Aquesha Daniels, J.D.
EDITOR'S NOTE: This article was produced in partnership with the Journal of Family Business Strategy, a leading journal in the field of family business, as part of our mission to bring Read More...
Category: Applied and Practice
Authors: Ines Herrero and Mat Hughes
It's been said that, “Once you have seen one family firm, you have seen just one family firm.” While it’s popular to say that every family firm is unique, as a researcher I take issue with the Read More...
Category: Applied and Practice
Author: Thomas Zellweger
Conceptualization that is induced by the play (Kolb & Kolb. 2005). This study echoes the thesis of John Dewey (1916), one of the most influential thinkers in educational theory in the 20th Read More...
Category: Applied and Practice
Authors: Salvatore Tomaselli and Danilo Maurici
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
What's in a name? For many family-run businesses, the business name and family name are the same, linking the reputations of the two, for better or worse. New family business owners often grapple Read More...
Category: Applied and Practice
Author: Sharon Belenzon
By Sharon Belanzon, Aaron K. Chatterji and Brendan Daley Business history is filled with legendary companies named for their founders: Hewlett-Packard, Procter & Gamble, Johnson & Johnson, Read More...
Category: Applied and Practice
Author: Sharon Belenzon
This article is part of America’s Entrepreneurs , a Next Avenue initiative made possible by the Richard M. Schulze Family Foundation and EIX, the Entrepreneur and Innovation Exchange .) Read More...
Category: Applied and Practice
Author: Chris Farrell
Family businesses are the backbone of many economies. However, many potential successors of family businesses decide not to join the family business at first, but to become entrepreneurs themselves. Read More...
Category: Applied and Practice
Authors: Nadine Kammerlander and Larissa Leitner