Table of Contents

Handbook of Research on Family Business

Handbook of Research on Family Business

Elgar original reference

Edited by Panikklos Zata Poutziouris, Kosmas X. Smyrnios and Sabine B. Klein

The Handbook of Research on Family Business provides a comprehensive first port of call for those wishing to survey progress in the theory and practice of family business research. In response to the extensive growth of family business as a topic of academic inquiry, the principal objective of the Handbook is to provide an authoritative and scholarly overview of current thinking in this multidisciplinary field.

Chapter 5: The Family’s Dynamic Role within Family Business Entrepreneurship

Ramona K.Z. Heck, Sharon M. Danes, Margaret A. Fitzgerald, Cynthia R. Jasper and Holly L. Schrank

Subjects: business and management, family business

Extract

Ramona K.Z. Heck, Sharon M. Danes, Margaret A. Fitzgerald, George W. Haynes, Cynthia R. Jasper, Holly L. Schrank, Kathryn Stafford and Mary Winter This chapter offers a conceptual and analytical review of the Sustainable Family Business Model (Stafford et al., 1999). The SFB Model is a comprehensive and flexible model that enhances the understanding of the dynamic role of family within family business entrepreneurship through its systems orientation. It explores the entrepreneurship of the business within the social context of the family. Unlike many other models that take an individual approach to the study of the family business, it emphasizes the overlap of the family and business systems while recognizing the unique characteristics of each of the systems. The chapter presents the theoretical perspective and major premises of the SFB Model of family business. One of the features of the model is its recognition that processes differ in times of stability versus times of change; it includes the Family Fundamental Relationship Orientation Model (FIRO Model) as a working model that explicates the reconstruction that is needed during times of changes for family businesses to remain resilient and, thus, sustainable over time. The chapter offers specific illuminations of the SFB Model’s major components/concepts. The methodological issues of the 1997/2000 National Family Business Surveys (1997/2000 NFBSs) are discussed relative to their comparative advantage for studying the owning family and its business. The chapter offers an analytical model for study of the family business based on...

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