Embedded but not asleep: Entrepreneurship and family business research in the 21st century

This article offers a socio-historical view of how families make living and contribute to business formation. We review the history family changes that occurred over last several hundred years in developed nations – decline corporate family, increasing occupational opportunities for women, multigenerational families, growing proportion never-married childless adults suggest embeddedness perspective as an approach superseding outdated conceptualizations “families” studies. outline genesis on entrepreneurship perform systematic analysis literature has cited seminal piece by Aldrich Cliff (2003). show this been used research, highlighting variety made possible placing at core future research. Finally, we offer empirical theoretical directions, rooted perspective, moving forward.