Family Business and Entrepreneurship: Competencies and Organizational Behavior

Family-owned enterprises go through various stages of growth and development over time once the second and subsequent generations enter the business. They present a unique set of challenges and problems, mostly due to generational tran-sition, role confusion, different vision of the business, qualification and skills. This quantitative study aims at increasing the understanding of which competencies are relevant to family business success and how they significantly influence both organizational behavior and family dynamics. Findings highlight the importance of family business as a unique context to study organizational behavior and con-firmed how family enterprises are influenced by family culture and kinship ties.