Family business research: Reviewing the past, contemplating the future

George Haynes (), Maria Marshall, Yoon Lee (), Virginia Zuiker (), Cynthia R. Jasper (), Sandra Sydnor (), Corinne Valdivia (), Diane Masuo (), Linda Niehm () and Renee Wiatt ()
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George Haynes: Montana State University
Yoon Lee: Utah State University
Virginia Zuiker: University of Minnesota
Cynthia R. Jasper: University of Wisconsin
Sandra Sydnor: Purdue University
Corinne Valdivia: University of Missouri
Diane Masuo: University of Hawaii
Linda Niehm: Iowa State University
Renee Wiatt: Purdue University

Journal of Family and Economic Issues, 2021, vol. 42, issue 1, No 8, 70-83

Abstract: Abstract This paper reviews articles published in the Journal of Family and Economic Issues (JFEI) from 2010 to 2019 and considers future research opportunities. The JFEI articles utilize theories and conceptual frameworks from several social science fields, to help readers understand the importance of including both the family and business in any discussion of family businesses. The literature review addresses four family business topical areas: (1) household and business economics, (2) business continuity and succession, (3) managerial and adoption strategies, and (4) values and goals. These JFEI articles have focused on differentiating family businesses from other types of businesses; explaining the unique interface between the family and the business; and identifying the characteristics (i.e., demographics, adjustment strategies, continuity, capitals, and values and goals) for family business survival and success. In the future, family business researchers have the opportunity to better understand the impact of community resources and climate; more carefully assess the challenges of women, minorities, and immigrants; understand the role of cultural capital; and explore the impact of innovation during rapidly changing times, such as those created by the pandemic.

Keywords: Family business; Survival; Success; Succession; Adoption strategies; Value orientation; Goals (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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DOI: 10.1007/s10834-020-09732-6

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