Document Type

Student Research Paper

Date

Summer 2022

Academic Department

Business

Faculty Advisor(s)

Dr. Petru Sandu

Abstract

The study is dedicated to family entrepreneurship research with a clear focus on family business professionalization. There is a consensus in family business research and practice that professionalization is one of the most complex topics facing family firms. Despite its importance, it is one of the areas that has been the least investigated by researchers. Based on an extensive literature review, a detailed interview plan was developed and has been perfected. This interview plan will be used to collect our data through comprehensive interviews with a sample group consisting of executives from ten family businesses that are in their second or third generation of ownership. The collection of their experiences on professionalization within their own companies and their unique observations will be used to create a paper highlighting the benefits and challenges of professionalization within family firms.

Notes

Scholarship, Creative Arts, and Research Project (SCARP)

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