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Entrepreneurship and Family Business: Exploring the Connections

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  • W. Gibb Dyer Jr.
  • Wendy Handler

Abstract

This article explores how the family Influences an entrepreneur's career. There are various points In time where family and entrepreneurial dynamics intersect. These Include: (1) early experiences In the entrepreneur's family of origin; (2) family Involvement and support of early start-up activities; (3) employment of family members In the new venture; and (4) involvement of family members In ownership and management succession. The article explores each of these four areas and suggests research questions that need to be explored to develop a better understanding of the relationship between entrepreneurs and their families.

Suggested Citation

  • W. Gibb Dyer Jr. & Wendy Handler, 1994. "Entrepreneurship and Family Business: Exploring the Connections," Entrepreneurship Theory and Practice, , vol. 19(1), pages 71-83, October.
    • Handle: RePEc:sae:entthe:v:19:y:1994:i:1:p:71-83
    DOI: 10.1177/104225879401900105
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    References listed on IDEAS

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    1. Neil C. Churchill & Kenneth J. Hatten, 1987. "Non-Market-Based Transfers of Wealth and Power: A Research Framework for Family Businesses," Entrepreneurship Theory and Practice, , vol. 12(2), pages 53-66, October.
    2. M. F. R. Kets De Vries, 1977. "The Entrepreneurial Personality: A Person At The Crossroads," Journal of Management Studies, Wiley Blackwell, vol. 14(1), pages 34-57, March.
    3. Neil C. Churchill & Kenneth J. Hatten, 1987. "Non-Market-Based Transfers of Wealth and Power: A Research Framework for Family Businesses," Entrepreneurship Theory and Practice, , vol. 11(3), pages 51-64, January.
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