This article, published in the "Family Business Review" journal (Oct. 26, 2021), provides a comprehensive framework for understanding entrepreneurial families as "family-related organizational ecosystems" that serve to generate (and balance) the accumulation of financial and socioemotional wealth. As such, the authors suggest broadening the scope of family business research to consider a wider range of organizations besides the family firm, such as family foundations, family business foundations, family offices, family holdings, family academies, and family museums.
“Passing the baton” from predecessors to successors in family firms has long occupied and preoccupied practitioners and researchers. This "Family Business Review" articles explores the utility of an "imprinting-based process" model for helping to explain the willingness of younger family members to step in as successors in the family business. [Reference: Marques, P., Bikfalvi, Busquet, F. (2022). "A family imprinting approach to nurturing willing successors: Evidence from centennial family firms." Family Business Review, 35 (3), 246-274. September. https://doi.org/10.1177/08944865221098316]
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