Abstract

Entrepreneurship is a major economic driver in the world. It leads to create jobs as well as wealth. Very little is known about how family businesses ensure that entrepreneurial activity flourishes during the next generations. This paper discusses and analyzes the overlap between family business and entrepreneurship and possibilities of how family businesses initiate entrepreneurial activities. Many interviews were conducted with family business leaders so to understand the nature this engagement. This paper also illustrates and summarizes other cases that lead to valuable lessons and patterns observed in family businesses and how it interacts with entrepreneurship. Index Terms—Family business, entrepreneurship, wealth management.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.