Family entrepreneurship : insights from leading experts on successful multi-generational entrepreneurial families /

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Bibliographic Details
Imprint:Cham : Palgrave Macmillan, [2021]
Description:1 online resource : illustrations
Subject:Family-owned business enterprises.
Success in business.
Family-owned business enterprises.
Success in business.
Electronic books.
Format: E-Resource Book
URL for this record:
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Other authors / contributors:Allen, M. R. (Matthew R.), editor.
Gartner, William B., editor.
Notes:Online resource; title from PDF title page (SpringerLink, viewed April 14, 2021).
Summary:This book provides recent ideas, insights, facts, evidence, frameworks, and perspectives on how and why entrepreneurial families are successful over generations. The book focuses on how families successfully implement entrepreneurship across generations. That success, it argues, requires entrepreneurship at the level of the family, not only in the businesses the family owns and manages. Written by noted academics and consultants who are authorities on family entrepreneurship, the chapters provide a comprehensive exploration of the characteristics of successful entrepreneurial families, their motivations, how they behave over time, and, suggestions for how business families can encourage and sustain entrepreneurship. This comprehensive look at family entrepreneurship will serve as a fundamental reference text for family business consultants, owners, and scholars.
Other form:Print version: 3030668452 9783030668457
Standard no.:10.1007/978-3-030-66846-4
Table of Contents:
  • Intro
  • Contents
  • Notes on Contributors
  • List of Figures
  • List of Exhibits
  • List of Tables
  • 1: The Secrets of Successful Entrepreneurial Families: Insights from the World's Experts on Multi-Generational Entrepreneurial Families
  • Introduction
  • Reference
  • Part I: Characteristics of the Entrepreneurial Family
  • 2: Family Capital: The Key to Entrepreneurial and Family Success
  • Model of Family Capital
  • Family Structure
  • Family Culture
  • Family Activities
  • Family Trust
  • Repairing Interpersonal Trust
  • Repairing Competence Trust
  • Repairing Institutional Trust
  • Family Capital Transfer Activities
  • The Outcomes of Family Capital
  • Conclusion
  • References
  • 3: The Essential Role of Trust in Family Business Entrepreneurship
  • Trust: What Is It?
  • Building Entrepreneurial Trust
  • Ability: The Skill to Succeed and Risk of an Assassin
  • Benevolence: The Care and Concern for the Family and the Risk of the Schlemiel
  • Integrity: Principle-Driven Leader or the Risk of the Zealous Martyr
  • Broken Trust
  • References
  • 4: Managing Legacy, Achievement and Identity in Entrepreneurial Families
  • A Framework for Success in Family Firms
  • Lessons from Field Research
  • Identity Questions and Tensions
  • Making Family an Identity Workspace
  • Conclusion: Achieving an Entrepreneurial Legacy
  • Coda
  • References
  • 5: Discerning the Importance and Nature of the Family System in Relation to the Family Firm: A Paradigm Shift
  • Introduction
  • Defining the Family Firm
  • Purpose and Objectives
  • The Importance of the Family System in Relation to the Family Firm
  • Conceptual Frameworks of the Family Firm
  • The Sustainable Family Business Theory
  • The Sustainable Family Business Theory Constructs
  • The SFBT Sustainable Family Business Theory Assumptions
  • Entrepreneurial Value Creation Theory in Relation to the Family Firms
  • The Unique Nature and Dynamics of the Family Firm
  • Prevailing Family Firm Myths
  • The Dilemmas of the Prevailing Family Firm Myths
  • Exemplar Nexuses Between Family and Entrepreneurial Firms
  • The Secrets or Hidden Truths of the Family Firm
  • The Challenge of a Paradigm Shift
  • Implications for Researchers
  • Implications for Practice
  • The Implications of a Paradigm Shift
  • References
  • Part II: Preparing the New Generation of Family Entrepreneurs
  • 6: Can Entrepreneurship Be Continued from One Generation to the Next? The Answer to that Question Can Be Found in the Socialization Process
  • Socialization
  • Socializing Entrepreneurship
  • Conclusion
  • References
  • 7: Tilling the Soil-And Wait and See How the Next Generation Develops
  • Introduction
  • Why it is So Important That No Coercion is Used
  • How to Cultivate the Field in a Way That Promotes Entrepreneurial Mindsets of the Next Generation without Putting Pressure on Them
  • How Wide the Range of Harvest Results from the Cultivated Field Can Be
  • Conclusion
  • References