Description
Book SynopsisThis book provides recent ideas, insights, facts, evidence, frameworks, and perspectives on how and why entrepreneurial families are successful over generations. The book focuses on how families successfully implement entrepreneurship across generations. That success, it argues, requires entrepreneurship at the level of the family, not only in the businesses the family owns and manages. Written by noted academics and consultants who are authorities on family entrepreneurship, the chapters provide a comprehensive exploration of the characteristics of successful entrepreneurial families, their motivations, how they behave over time, and, suggestions for how business families can encourage and sustain entrepreneurship. This comprehensive look at family entrepreneurship will serve as a fundamental reference text for family business consultants, owners, and scholars.
Table of Contents1 The Secrets of Successful Entrepreneurial Families: Insights
from the World’s Experts on Multi-Generational
Entrepreneurial Families
Part I Characteristics of the Entrepreneurial Family
2 Family Capital: The Key to Entrepreneurial and Family Success
3 The Essential Role of Trust in Family Business
Entrepreneurship
4 Managing Legacy, Achievement and Identity in
Entrepreneurial Families
5 Discerning the Importance and Nature of the Family System
in Relation to the Family Firm: A Paradigm Shift
Part II Preparing the New Generation of Family Entrepreneurs
6 Can Entrepreneurship Be Continued from One Generation to
the Next? The Answer to that Question Can Be Found in the
Socialization Process
7 Tilling the Soil—And Wait and See How the Next Generation
Develops
Part III Developing Entrepreneurial Leaders
8 Sustaining a Multi-Generational Family Enterprise Through
Ambidextrous Leadership
9 The Importance of Externally Focused Self-awareness to
Family Entrepreneurship
Part IV Advancing Family Entrepreneurship
10 Antecedents to Entrepreneurship: How Successful Business
Families Nurture Agency and Kindle the Dreams of the Next
Generation
11 Who Do You Think You Are? Who Do They Think You Are?
The Golden Cage and the Silver Spoon
12 From Family Businesses to Entrepreneurial Families: Tacit
Knowledge at the Core of Entrepreneurial Learning
13 The Successor Conundrum: A Moral Dilemma
14 Family Entrepreneurship Education: Where Are We? Where
Do We Need to Go from Here?
Part V Establishing the Entrepreneurial Family
15 Intrapreneurship: A New Lens on Developing Capability in
the Rising Generation
16 Gathering Multiple Generations at the Dining Room: The
Secret Toward an Entrepreneurial Family Continuity
17 Two Sides of the Same Coin—How Intra-Family
Communication Affects Entrepreneurial Spirit over
Generations in Family Businesses
18 The Family Business University: How to Live, Create and Tell
Your Family Business Story
Part VI Fostering Family Entrepreneurs
19 Nurturing the Next-Generation Family Entrepreneurs in the
Business Family
20 Upping Your Family’s Entrepreneurial Game
Part VII The Future of Family Entrepreneurship
21 Fostering Entrepreneurialism and Intrapreneurialism Within
the Family Enterprise System
22 From Allocators to Acquirers: The Family Investing Model and
Transgenerational Entrepreneurship
23 Because Family Cares: Building Engagement for Family
Entrepreneurship Through Sustainability
24 Social Capital, Entrepreneurship, and Family Businesses
