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.
John E. Butler (firstname.lastname@example.org) Editor, Entrepreneurship: Theory and Practice Noborikawa Professor of Entrepreneurship University of Hawaii Phillip H. Phan (email@example.com) Associate Editor, Journal of Business Venturing Bruggeman Professor of Management Rensselaer Polytechnic Institute
Dewey Decimal Classfication (DDC)