Entrepreneurship Theory and Practice

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When Family Business Reputation Helps—and When It Hurts

Family firms often enjoy strong consumer goodwill, until they engage in deliberate misconduct -- when higher expectations can produce deeper disappointment and sharper backlash. EDITOR'S NOTE: This Read More...

Category: Research Insight

Authors: Philipp Jaufenthaler , Roland Schroll and Franz Kellermanns

What Nonfamily Managers Need From Family Firm Leaders

Vision matters—but so does individualized consideration. This study shows nonfamily managers perform better when CEOs pair transformational leadership with genuine, personalized attention and Read More...

Category: Research Insight

Authors: Mat Hughes , Alfredo De Massis , Sascha Kraus , Qilin Hu and Yi-Ying Chang

This badge is awarded for articles reaching 250000 views. Why Impulsive Founders Sometimes Win Big

Entrepreneurs who "move fast and break things" thrive in high-uncertainty environments where the money flows freely -- but deliberation prevails when money is tight. EDITOR'S NOTE: This article was Read More...

Category: Research Insight

Authors: James Bort , Richard Hunt and Johan Wiklund

Can Physics Help Us Understand Why Ventures Fail?

“Entrepreneurial entropy” is the natural result of pursuing innovation and opportunities. It can be deadly for struggling ventures that bet the house. Like uncombed hair and unweeded gardens, Read More...

Category: Research Insight

Author: Mat Hughes

Long Parental Leave Encourages Women to Start Businesses

Family-friendly policies encouraged women to think about what they really wanted for their careers. Work/life balance was not a factor. In Sweden, a growing number of mothers are starting a new Read More...

Category: Research Insight

Authors: Magdalena Markowska , Helene Ahl and Lucia Naldi

Why Prominent Business Families Dive Into Politics

Across the world -- from Italy's Berlusconi, to the US’s Kennedy family, to Chile's Matte -- wealthy business families have not only been part of the economic elite but are also political Read More...

Category: Research Insight

Author: Marcelo Ortiz M.

Do Family Meals Fuel Entrepreneurship in Family Businesses?

Should families talk about their business during mealtime? On the one hand, some argue that mealtime should be about the family, with time being devoted to building family bonds and personal Read More...

Category: Research Insight

Author: Kimberly Eddleston

Family Meals Ignite the Entrepreneurial Spirit

The family often has a strong influence on whether or not someone becomes an entrepreneur. Because they shape values, education, and experiences, families are often referred to as the "oxygen that Read More...

Category: Research Insight

Author: Kimberly Eddleston

Firm But Flexible Parents Raise the Best Family Business Leaders

In their aim to raise the next generation of family business leaders, parents often question if their parenting style is effective. They often ask themselves: Am I being too lenient or too strict? Am Read More...

Category: Research Insight

Authors: Kimberly Eddleston , Kristen Shanine and Kristen Madison

Using Family History for Competitive Advantage

Family businesses often have dense histories interweaving both the family and the business and involving more than just the past. Our recent study (Ge, De Massis & Kotlar, 2022), shows that family Read More...

Category: Research Insight

Authors: Bingbing Ge , Alfredo De Massis and Josip Kotlar