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Theoretical Developments and Future Research in Family Business (Hardcover, New)
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Theoretical Developments and Future Research in Family Business (Hardcover, New)
Series: Research in Entrepreneurship & Management
Expected to ship within 10 - 15 working days
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A volume in Research in Entrepreneurship and Management Series
Editor John E. Butler, University of Hawaii at Manoa Until
recently, research in family business has been confined to a
sub-group of entrepreneurship scholars, labor economists, and
sociologists. Family business employment is often the only economic
option available to migrants, the first entrepreneurial experience
for young people, and a source of an economy's new business
creation activities. These issues are typically framed in terms of
the generational transfer of wealth, management succession, or the
interplay between the economic system of a family and its
sociopolitical system. The phenomenon is clearly widespread but for
some reason continues to be poorly understood. We believe that
progress on the empirical front has been hampered by a lack of
accepted theoretical frameworks. For example, attempts to employ
agency theory, geographic agglomeration and spill overs, social
networks, sense making, bargaining and other frameworks have been
scattered. In our view, the extant research has not created the
theoretic ballast that can withstand repeated empirical
verification.More fundamentally, researchers are beginning to ask,
'Is family business theoretically distinctive or a convenient
phenomenon for exploiting familiar theories with new data? ' We
believe the time is ripe for a focused look at the theoretical
history and prospects of family business research. Review articles
grounded in economics, sociology, psychology and political economy
and that offer multidisciplinary implications are especially
sought. Theory based empirical papers are also welcomed. We believe
that there are exciting opportunities for theory development and so
encourage authors to focus on this in their submissions. In sum,
the focus of this volume is on showcasing and advancing the latest
research in family business.
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