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Understand Your Family Firm's Core Strengths and Weaknesses

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

Does it Matter if an Entrepreneur is Coachable?

Many venture capital firms, business accelerators and other investors see the strength of the founding team as an important predictor of whether their investment will pay off.  No wonder that Read More...

Category: Applied and Practice

Authors: Kevin Bryan and András Tilcsik

How Gamification Can Help Family Businesses

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

Unlocking the Innovation Potential of Family Firms: An Assessment Tool

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

Businesses Named After Founders Enjoy Greater Returns

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

'Champions' Make Diverse Spin-off Teams More Successful

It’s become increasingly popular to commercialize innovation or technology from universities via spin-off companies. However, this process can be challenging because it usually originates in a Read More...

Category: Applied and Practice

Authors: Kathryn Kloepfer , Roland Kidwell and Kevin Cox

How Entrepreneurial Legends, Heroes and Meccas are Born

Entrepreneurship history is filled with events, places and people who are now legendary or even sacred. In the beginning of the 20th century, New York’s Lower East Side became a place where Jewish Read More...

Category: Applied and Practice

Authors: Howard E. Aldrich and Stephen Lippmann

How Family Business Leaders Can Encourage Both Devotion and Performance

Family businesses have unique strengths and unique problems because they blend two identities -- "family" and "business" -- whose priorities are often at odds. While the family identity nurtures Read More...

Category: Applied and Practice

Authors: Roland Kidwell and Kathryn Kloepfer

The 'Fredo Factor:' How Deadbeats and Troublemakers Hurt Family Businesses

The Corleones of "Godfather" fame are an extreme example of a “family business.” But like many family businesses, they have a family member who is a serious hindrance to their business, is less Read More...

Category: Applied and Practice

Author: Kimberly Eddleston

Is a Board of Directors Really Necessary?

Arguably, no CEO anywhere doesn’t occasionally wish that he or she didn’t have to deal with a board of directors. You’re the CEO! The visionary leader! This is your baby, and you and your Read More...

Category: Applied and Practice

Author: Kathleen Allen