Entrepreneurial Leadership and the Family Business

Maija Renko (), Ayman Tarabishy (), Alan L. Carsrud () and Malin Brännback ()
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Maija Renko: University of Illinois at Chicago
Ayman Tarabishy: The George Washington University
Alan L. Carsrud: Ryerson University
Malin Brännback: Åbo Akademi University

Chapter Chapter 11 in Understanding Family Businesses, 2012, pp 169-184 from Springer

Abstract: Abstract This chapter focuses on a key interpersonal and organizational phenomenon in ­family businesses that has received only limited attention in previous literature: leadership. More specifically, our focus is on understanding the nature of entrepreneurial leadership in family firms. Family businesses face many unique challenges, and the leadership style of the key family members is central to overcoming many of these challenges. Particularly, family businesses benefit from having leaders with clear vision for the future of the business, leaders with an ability to challenge everyone in the organization to focus on recognizing new opportunities, and leaders who can themselves serve as role models in such opportunity recognition. These are essential elements in our conceptualization of entrepreneurial leadership.

Keywords: Family Firm; Family Business; Organizational Member; Leadership Style; Vote Share (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:inschp:978-1-4614-0911-3_11

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DOI: 10.1007/978-1-4614-0911-3_11

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