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Family Entrepreneurship

Insights from Leading Experts on Successful Multi-Generational Entrepreneurial Families

Palgrave Macmillan
  • First edited book that focuses on family entrepreneurship from both academic and practitioner perspectives

  • Covers all of the major topics and issues facing entrepreneurial families

  • Provides useful insights from experts around the globe about what, specifically, families should do to become more entrepreneurial

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Table of contents (24 chapters)

  1. Front Matter

    Pages i-xxv
  2. Characteristics of the Entrepreneurial Family

    1. Front Matter

      Pages 5-5
    2. Managing Legacy, Achievement and Identity in Entrepreneurial Families

      • Eliana Crosina, William B. Gartner
      Pages 35-47
  3. Preparing the New Generation of Family Entrepreneurs

    1. Front Matter

      Pages 73-73
  4. Developing Entrepreneurial Leaders

    1. Front Matter

      Pages 97-97
  5. Establishing the Entrepreneurial Family

    1. Front Matter

      Pages 197-197

About this book

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.

Reviews

“Recent environmental shocks, be they COVID-19, Brexit, or the Global Financial Crisis, have stress-tested our family firms like never before. Our boundaries of understanding have changed, as has the world in which we live. Never has the need to embrace entrepreneurship been so pertinent to firm survival. If the family is the oxygen that feeds the fire of entrepreneurship, the question for today’s family firm leaders is how to keep the fire burning. In ‘Family Entrepreneurship’, Allen and Gartner share the secrets of successful entrepreneurial families including how to nurture trust between generations, manage legacy expectations, and embrace sustainability in the face of climate change. By engaging with international experts on multi-generational entrepreneurial families, this book provides family firm leaders with the toolkit to manage business continuity and keep the entrepreneurial fire burning.”

Eric Clinton, PhD, Director, Dublin City University National Centre for Family Business

“It provides a wide range of perspectives on how and why families can engage in entrepreneurship across generations.  The book provides a variety of frameworks and action plans for families who realize that their businesses need to change and grow in order to sustain themselves in the future. To sum up, it is a ‘smorgasbord’ with a tasteful variety of dishes.”

Magnus Aronsson, Managing Director, ESBRI – Entrepreneurship and Small Business Research Institute, Sweden.

 “Since the Asian Finance crisis where I first experienced the perseverance of family businesses in Asia, more and more global crises have occurred. Family businesses and business families seldom let crisis go wasted and use every chance to renew themselves. This book tells us why, as it unveils the hidden treasury of family businesses – family entrepreneurship. It is a must-read for practitioners, researchers, and professionals working with family businesses or business families.”

Kevin Au, PhD, Director, Centre for Family Business, Chinese University of Hong Kong

“This is a wonderful book. It broadens our knowledge on what makes family entrepreneurship so successful across many generations, by focusing on the soft success factors. The editors have pulled together a great group of scholars, each discussing different (and sometimes surprising) facets of family entrepreneurship. A welcome addition to the entrepreneurship and family business literature, and of value for researchers and policymakers alike.”

Friederike Welter, Institut für Mittelstandsforschung Bonn and University of Siegen

This book brings together consultants, educators, and researchers on family entrepreneurship with the aim to learn from the secrets of successful entrepreneurial families across the world. By looking at family entrepreneurship as a behavior, belief, or value this edited volume covers a wide range of topics and touches on the many ways that entrepreneurship can be developed and sustained in multi-generational families. The variety of approaches that could be used by business families to let entrepreneurship and entrepreneurial spirit flourish across generations are integrated with different theories and ideas without never neglecting the relevance for practice.

 Andrea Calabrò, Professor of Family Business & Entrepreneurship, IPAG Business School, Global Academic Director STEP Project Global Consortium

Editors and Affiliations

  • Babson College, Babson Park, USA

    Matt R. Allen, William B. Gartner

About the editors

Matt R. Allen is Associate Professor in the Entrepreneurship Division, and family fellow in the Institute for Family Entrepreneurship at Babson College. His expertise is in the effective management of human capital within entrepreneurial environments, especially family enterprises. His current research is focused on the role of the family in the entrepreneurial process and how to build entrepreneurialcapability across generations. Matt designed and is leading the Family Entrepreneurship Amplifier program, a one-of-a-kind education program for business families that engages students and their families in the learning process in order to build entrepreneurial capability. 

William B. Gartner is the Bertarelli Foundation Distinguished Professor of Family Entrepreneurship at Babson College. He is recognized as a leading scholar in the field of entrepreneurship by such awards as: the 2005 Swedish Entrepreneurship Foundation International Award for outstanding contributions to entrepreneurship and small business research; the 2013 Academy of Management Entrepreneurship Division Foundational Paper Award; and the 2016 Academy of Management Entrepreneurship Division Dedication to Entrepreneurship Award. His scholarship spans a wide array of topics in the entrepreneurship field: entrepreneurship as practice, the social construction of the future, varieties of value creation and appropriation, translating entrepreneurship across cultures and countries, the poetics of exchange, the demographics of entrepreneurial families, and, the nature of legacy in family entrepreneurship.



Bibliographic Information

  • Book Title: Family Entrepreneurship

  • Book Subtitle: Insights from Leading Experts on Successful Multi-Generational Entrepreneurial Families

  • Editors: Matt R. Allen, William B. Gartner

  • DOI: https://doi.org/10.1007/978-3-030-66846-4

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Business and Management, Business and Management (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021

  • Hardcover ISBN: 978-3-030-66845-7Published: 06 April 2021

  • eBook ISBN: 978-3-030-66846-4Published: 05 April 2021

  • Edition Number: 1

  • Number of Pages: XXV, 344

  • Number of Illustrations: 16 b/w illustrations

  • Topics: Entrepreneurship, Management, Human Resource Management

Buy it now

Buying options

eBook USD 34.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 44.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access