Introducing a new concept in family businesses Transgenerational Entrepreneurship addresses how these businesses achieve growth and longevity through entrepreneurial activities. It focuses on the resources, capabilities and mindsets that families develop and draw upon in order to be...

This book analyzes the findings reported in the first Asia Pacific summit of the Successful Transgenerational Entrepreneurship Practices (STEP) project. Researchers in Australia, China, and India discussed eleven in-depth case studies to shed light on the challenges that business families and...

The governing dynamics that characterize family firms is investigated in this study by combining theories on corporate governance and strategic change with institutional theory in an in-depth analysis of two longitudinal case studies of Swedish family firms.A model of the intersection of...

In an article by Ensley and Pearson, it is argued that top management teams (TMTs) with unique dynamics will have higher levels of cohesion, potency, task conflict, and shared strategic consensus than TMTs with less "familiness."This examination seeks to elaborate, on a general level, on the...

We take the perspective that considering the affective motives of dominant owners is essential to understanding business exit. Drawing on a refinement of behavioral agency theory, we argue that family-controlled firms are less likely than non-family-controlled firms to exit and tend to endure...