The main goal of our research was to examine the importance of transferring tacit and experiential knowledge as well as social capital of founders for innovativeness of the next family generation, i.e. successors in smaller family firms. Data were collected through in-depth case studies,...

Venture capital is an important factor in the development of entrepreneurship and in the establishment of new, knowledge-and-technology-based companies. In transition economies, the intensity of equity investing is far behind the developed market economies, making the EU and individual...

Background: The innovativeness of founders and their heirs and family businesses (FBs) is a relatively unexplored field of research, and its understanding is incomplete and inconsistent. Objectives: The goal is to compare the founders' innovativeness and investigate the relationship of life-long...