Summary: | Just as much entrepreneurial activity is embedded within families, many families are embedded in business enterprising. And both are embedded in broader economic, institutional and cultural environments that shape their experience and development. Firms within Families: Enterprising in Diverse Country Contexts investigates this 'double embeddedness' of business ownership and management through two illuminating sets of empirical studies. Part I focuses upon the family-oriented goal of socio-emotional wealth and its association with a firm's strategic orientations, strategies and performance. Part II examines strategies and experiences at the work-family interface and their implications for an owner-manager's psychological well-being. Both parts feature diverse studies from the United States, Switzerland/Germany, China, Brazil and India. The findings from this unique collaboration reveal intriguing similarities and differences in the influence of family-related factors upon owner-managers and their firms within distinct socio-economic regions of the world. It will be of especial interest to scholars of entrepreneurship, family enterprise and international business.
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