Abstract
Casual observers may view family business as a sub-discipline of entrepreneurship. Although there is considerable overlap of the fields, they consist of two distinct bodies of knowledge. As entrepreneurship is maturing through research contributions, family business is in an emergent stage. We contend that current dominant theories and models that frame family business research studies may result in misleading conclusions due to insufficient systems views. Despite the increase in international and cross-cultural studies, models have failed to address the variations caused by national context, ethnic, religious and other external influences. We discuss China as an example of the inadequacy of models developed within other societal environments.
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