Category: Research Insight

Diverse Boards Help Family Businesses Expand Internationally

Expanding into other countries can open up new opportunities and revenue streams for all kinds of businesses around the world. This is especially true within the European Union, where products can Read more

By Christian Busch and Harry Barkema In more advanced economies around the world, entrepreneurs can count on a network of established institutions that help them launch and grow a business: local and Read more

In 2013, Chip Tate was on the verge of taking Balcones Distilling to the next level. Since 2008, he had been building his Waco, Texas-based craft whiskey business literally with his own hands, Read more

How to Fix Succession Conflicts Stemming From Complicated Families

Part 2 of a two-part series. Read part 1 here . Family business succession planning is a difficult process – and it is even more challenging in cases where divorce and adoption complicate family Read more

Why are some ventures more successful than others? In entrepreneurship research, scholars have explored the role of many different factors, including personal characteristics such as emotional and Read more

Saoirse was intrigued with her launch customer’s request. They criticized some components of her firm’s product for 45 minutes – then asked if the same components could be made out of a Read more

Thicker Than Water: Balancing Individual Career Goals and the Family Business

With family-owned businesses accounting for a whopping share of the economy, the nature of family members’ individual career development in that sector is important and interesting. How indeed do Read more

Family Businesses: The Greener, the Better?

Climate change has made preserving the environment a critical issue for citizens, governments, and corporations. This is especially true at family businesses, where the family’s desire to Read more

Conventional wisdom tells us that having a long-term strategic focus on customer value creation and future market demands is a powerful source of building a sustainable competitive advantage in Read more

To Survive a Crisis, Re-Think Your Family’s Ties

As global crises are becoming increasingly frequent and unpredictable, family ties and family relationships—or what are collectively called “family social capital”—become critical for the Read more