ANALYSING RESEARCH IN FAMILY BUSINESS AND DEFINING THE DIRECTION FOR FUTURE RESEARCH

Abstract

Correctly and reliably collected data are the basis for a good analysis and proper inference. The growing number of publications related to family entrepreneurship indicates the need for research in this field. Empirical articles concerning family businesses published in pre¬stigious journals were analysed. The paper’s aim is to assess the state of current empirical research as well as to show the directions for future research efforts. The author’s intention is to provide a review of the methodologies and analytics used in family businesses studies. Conclusions were drawn regarding distinct empirical challenges in family business research and suggestions were provided to scholars regarding future research.
Keywords: family business, research methods, empiricism, statistics
JEL classification codes: L20, L21