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Part 1 of 2 Worker shortages in the US are hitting small businesses hard, especially since they often lack other resources that help bigger firms ride out the storm. But small businesses, who are Read More...
Category: Applied and Practice
Authors: Aquesha Daniels, J.D. , Mariah Yates, Ph.D., MBA and Shane Spiller
Most entrepreneurs know the competitors they face today; namely, other businesses that compete for the same customers in the same or similar markets or industries. However, many dissimilar companies Read More...
Category: Applied and Practice
Authors: Stephen Downing , Jin-Su Kang and Gideon Markman
With Bill and Melinda Gates’ divorce making headlines across the globe, many are wondering how the split will affect their joint business dealings — especially the Gates Foundation, which they Read More...
Category: Applied and Practice
Authors: Kimberly Eddleston and Jonas Ruzek
Part two of a two-part series. As new cases of COVID-19 emerge around the world (as of late July, 2021), the disease continues to remind us that the only certainty is uncertainty -- a theme I Read More...
Category: Applied and Practice
Author: Mat Hughes
Second of a two-part series From our studies evaluating the effectiveness of boards at family firms, we’ve seen first-hand how strong boards can help family businesses be more successful. In Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan , Joseph Astrachan and Hermut Kormann
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
Entrepreneurs usually understand that profit is important. But many are less consciously aware of the actual model by which they will (or will not) make money in their ventures. Many have a gut feel, Read More...
Category: Applied and Practice
Authors: Michael Morris and April Spivack
New venture capital firms must make a variety of strategic decisions about market positioning and relationships with the entrepreneurs in their portfolio. One choice VC firms must make is whether to Read More...
Category: Applied and Practice
Author: David Hsu
Entrepreneurs who want to turn a great idea into a thriving business inevitably need a team that can make it happen. What increases their odds of a successful venture: hiring mainly technical experts Read More...
Category: Applied and Practice
Authors: Charles Eesley , Edward Roberts and David Hsu