Family Entrepreneurship

Family business is the most prominent form of business organization, and its importance to the global economy cannot be under-estimated. Until recently, the impact of the family on entrepreneurial firms has been under-researched, leading to a conceptual gap between the two areas of study, and an underestimation of the contribution of family systems to entrepreneurial success. Starting from the consideration that family is an intimate and essential aspect of entrepreneurship, this book considers connections between family, family members, entrepreneurial behavior, family business, society and the economy. Bringing together a unique range of international contributions, it offers new theoretical perspectives and empirical insights as well as an in-depth consideration of the diversity of contexts and processes associated with entrepreneurship in family settings. Above all, this book opens up a comprehensive research agenda on the linkages between family, family firms and entrepreneurship and will be of interest to researchers, educators and advanced students of entrepreneurship, small firms and family business.

Kathleen Randerson is Associate Professor EDC at Paris Business School and Visiting Professor at the University of Bergamo, Italy Cristina Bettinelli is Assistant Professor at the University of Bergamo, Italy, where she teaches general management, entrepreneurship and international business. She is a member of the Editorial Review Board of Family Business Review, a researcher at the ELab research Center, The University of Bergamo, Italy and research fellow at the Cambridge Institute for Family Enterprise, Cambridge, USA. Giovanna Dossena is Full Professor of Entrepreneurship and Management at the University of Bergamo, Italy. She is the Director of ELab - Center for Research on Entrepreneurship and a member of the Kilometro Rosso Science & Technology Park's advisory board and is actively engaged with projects that aim at fostering the dialogue among the Higher Education System and the Business World. Alain Fayolle is Professor of Entrepreneurship and the Founder and Director of the Entrepreneurship Research Centre at EM Lyon Business School, France.

Introduction: What We Know About Family Entrepreneurship Part I: Intersection Family Business and Entrepreneurship 1. Partitioning Socioemotional Wealth to Stitch Together the Effectual Family Enterprise 2. Corporate Family Entrepreneurship, the Seven Circumstances 3. Social Family Entrepreneurship: Social issues and stakeholder salience in small- and medium-sized family firms 4. Internal Corporate Venturing in Multi-Generational Family Enterprises: A Conceptual Model 5. The Impact of Domestic Drivers and Barriers on the Entrepreneurial Start-up Decision Conclusion to part I Part II: Intersection Family Business and Family 6. The Process of Identity Construction in The Family Business: A discursive psychology perspective 7. Keeping it in the Family: Financial rewards in family firms 8. Understanding Entrepreneurial Behaviors in Family Firms: Does the socioemotional wealth model explain differences? 9. Entrepreneurial Family Firms: A research note on their qualifying characteristics Conclusion to part II Part III: Intersection Entrepreneurship and Family 10. Family Context and New Venture Creation 11. The Role of Networking in the Growth Process of Entrepreneurial Family Firms 12. Habitual Entrepreneurship and the Socioemotional Wealth of Dynastic Family Enterprise: A synthesis of arguments and directions for future research 13. Typology of Interactions and Data Content in Qualitative Family Case Study Research Conclusion: What we need to know about Family Entrepreneurship