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This book provides an extensive overview of family business-related
topics such as context and uniqueness, lifecycle and ownership
configurations, conflict management, corporate governance,
succession challenges, internationalization, innovation, and
socioemotional wealth. Each chapter features clear learning
objectives, key concepts and terminology, and dedicated case
studies to demonstrate the main messages. The book not only
considers the day-to-day dynamics in family businesses, but also
places substantial emphasis on the entrepreneurial skills needed
for these businesses to survive and thrive, today and tomorrow. In
addition, it elaborates and discusses a number of best practice
examples, which offer valuable guidance not only for scholars, but
also for students who wish to study these challenges.
This book provides an extensive overview of family business-related
topics such as context and uniqueness, lifecycle and ownership
configurations, conflict management, corporate governance,
succession challenges, internationalization, innovation, and
socioemotional wealth. Each chapter features clear learning
objectives, key concepts and terminology, and dedicated case
studies to demonstrate the main messages. The book not only
considers the day-to-day dynamics in family businesses, but also
places substantial emphasis on the entrepreneurial skills needed
for these businesses to survive and thrive, today and tomorrow. In
addition, it elaborates and discusses a number of best practice
examples, which offer valuable guidance not only for scholars, but
also for students who wish to study these challenges.
America is a nation where a strong entrepreneurial culture
establishes favorable conditions for subsequent entrepreneurship
activity. I develop and test a model that comprises the
determinants and consequences of new venture creation in American
counties. The empirical results using a sample of 2,300 counties
support direct and mediation effects between determinants of new
venture creation and economic development and growth. This study
contributes to knowledge by empirically testing an existing
framework of entrepreneurship as well as assessing how new venture
creation improves the economic development and growth in American
counties. Particularly, the study finds environmental determinants
to foster new venture creation and confirms the contention that new
venture creation contributes to improve the economic conditions of
a region. Recommendations for future theoretical and empirical
research as well as practical implications for entrepreneurs and
policymakers are also discussed.
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