Entrepreneurial Behaviour of Family Firms in Emerging Economies: An Introduction

Abstract

Family firms play a crucial role in global entrepreneurship, especially in emerging economies, contributing significantly to job creation, income generation, innovation, and economic growth. As emerging markets expand rapidly, these business families and their enterprises are poised to drive superior entrepreneurial activity in the coming decades (Baltazar et al., 2023; Le Breton-Miller & Miller, 2018). Rooted in familial ties, traditions, and local contexts, these firms exhibit distinctive entrepreneurial behaviors. Understanding these dynamics is pivotal as research increasingly explores the diversity among family-owned businesses. Factors such as familial dynamics, succession planning, and institutional environments profoundly shape their strategies and decision-making processes. This study delves into these complexities, highlighting the unique challenges and opportunities faced by family firms in emerging economies. Insights gained can inform policies and practices aimed at nurturing entrepreneurial ventures in these dynamic contexts.

Citation

Krasniqi, B.A., Kraus, S., Ramadani, V. and Jones, P. (2024), "Entrepreneurial Behaviour of Family Firms in Emerging Economies: An Introduction", Krasniqi, B.A., Kraus, S., Ramadani, V. and Jones, P. (Ed.) Entrepreneurial Behaviour of Family Firms: Perspectives on Emerging Economies (Entrepreneurial Behaviour Series), Emerald Publishing Limited, Leeds, pp. 1-10. https://doi.org/10.1108/978-1-83753-934-520241001