Family Businesses in Transition Economies

Léo-Paul Dana received BA and MBA degrees at McGill University and a PhD from HEC-Montreal. He is Professor of Entrepreneurship at Montpellier Business School and holds the honorary title of Adjunct Professor at the University of Regina, in Canada. He was earned tenure at the University of Canterbury and formerly served as Visiting Professor of Entrepreneurship at INSEAD and Deputy Director of the International Business MBA Programme at Nanyang Business School. He has published extensively in a variety of leading journals including the Cornell Quarterly, Entrepreneurship and Regional Development, Entrepreneurship: Theory and Practice, Journal of Small Business Management, Journal of World Business, and Small Business Economics. His research interests focus on cultural issues, including the internationalization of entrepreneurship. He is Editor Emeritus of the Journal of International Entrepreneurship. Among his books are When Economies Change Hands: A Survey of Entrepreneurship in the Emerging Markets of Europe from the Balkans to the Baltic States, published by Routledge in 2010 and the World Encyclopedia of Entrepreneurship, released in 2011.Veland Ramadani is an Assistant Professor at South-East European University, Republic of Macedonia, where he teaches both undergraduate andpostgraduate courses in entrepreneurship and small business management. During the period 2012- 2014, he served as Coordinator of Integrated Study Programme Department: Contemporary Enterprise Management, within South-East European University. He formerly served as Visiting Professor of Entrepreneurship at Universum College and AAB University, Republic of Kosovo. His research interests include entrepreneurship, small business management and venture capital investments. He authored or co-authored around forty-five research articles and ten books. Among his recent books are Entrepreneurship in the Balkans, published by Springer, Entrepreneurship, published by South-East European University and Female entrepreneurship in transitional economies: Trends and challenges, published by Palgrave Macmillan. Veland also serves as a member of editorial and reviewer board of several international journals. He was engaged by the President of Republic of Macedonia as a member of experts’ committee to analyse the economical, technological and juridical conditions for establishing techno-parks in the Republic of Macedonia. He has also delivered different trainings to the heads of departments in the Ministry of Economy of Macedonia.

• Introduction.- Introductory Issues: Context and Uniqueness of Family Businesses.- Content and Uniqueness of Transition Economies.- Different Features of Transition Economies - Institutions Matter.- Management, Succession and Financial Issues: To Be or Not to Be in a Family Business: The Case of Eight Countries in South-Eastern European Region.- Management in Practices in Bulgarian Family and Non-Family SMEs: Exploring  "Real" Differences.- Obstacles and Opportunities for Development of Family Businesses: Experiences from Moldova.- Successors' Innovativeness as a Crucial Succession Challenge of Family Businesses in Transition Economies: The Case of Slovenia.- Family Business Succession Risks: The Croatian Context.- The Succession Issues in Family Firms: Insights from Macedonia.- Attributes of Financial Management of Family Companies in the Czech Republic and Slovakia.- Ownership Structure, Cash Constraints and Investment Behaviour in Russian Family Firms.- Internationalization and Other Issues: Family Businesses Motives for Internationalisation: Evidence from Serbia.- Entering in New Markets: Strategies for Internationalization of Family Business.- Family Business in Sport Organizations: Western Experiences as Lessons for Transitional Economies.- Family Businesses in the Trade Sector: An Examination of a Case Study from Kosovo.