Family Firm Research Frontier

Author:

Danes Sharon M.1,Zachary Ramona Kay2,Balabram Elisa3

Affiliation:

1. Family Social Science , University of Minnesota , 290 McNeal Hall, 1985 Buford Av. , St. Paul , MN , 55108 , USA

2. Baruch College Zicklin School of Business , New York , NY , 10010 , USA

3. 1037 NE 100th Street , Seattle , WA 98125 , USA

Abstract

Abstract The future study of the family firm calls for in-depth, precise conceptualizations, as well as multidisciplinary methodologies. The family firm is presented herein as a suprasystem that offers a full recognition and representation of its organizational and relational realities. Future family firm research must embrace these conceptualizations and build an unbiased parallel research suprasystem that enhances future research studies through demonstrating the interconnectedness and interdependentness of family, business, and family/business interface subsystems. Doing so will move the family firm and entrepreneurship disciplines toward creating a path to achieving a deeper and wider understanding of how family firm suprasystems emerge, develop, and sustain themselves overtime. Future researchers can meet these challenging opportunities with appropriate conceptualizations and methodologies.

Publisher

Walter de Gruyter GmbH

Subject

Management of Technology and Innovation,Strategy and Management,Business and International Management

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