Abstract

This initial STEP report to the STEP community provides the results of a survey, the purpose of which was to explore transgenerational entrepreneurial practices of successful family businesses across the globe. Like the STEP case studies, the survey was built around the STEP model. This quantitative data complements our case studies and will contribute to increased understanding of how family businesses successfully employ entrepreneurial practices.

The STEP survey is unique in that it compares family businesses around the globe and employs a multi-respondent methodology (i.e. two family members from each participating family business were asked to complete the survey). The global research project launched this first-of-its-kind quantitative study after significant planning and theoretical development of the model and survey instrument. Family businesses across the globe completed the survey based on their affiliation with universities participating in the STEP project.

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