Family Business in Transition Economies: An Exploratory Study of Private Business

Alexander Rosado-Serrano; Antonio Navarro-García

doi:10.24310/ejfbejfb.v9i1.5363

Authors

Alexander Rosado-Serrano Universidad Interamericana de Puerto Rico Puerto Rico http://orcid.org/0000-0002-7361-8173
Antonio Navarro-García Universidad de Sevilla Spain http://orcid.org/0000-0002-8215-4665

DOI:

https://doi.org/10.24310/ejfbejfb.v9i1.5363

Keywords:

Family Business, Transition Economies, Succesion, Franchising

Agencies: No

Abstract

This paper aims to explore the background of transition economies observing the new phenomenon of private enterprise in the Republic of Cuba and franchising in Venezuela. We provide an outline of the changes expected in this former central-planned economies, the key traits that might rise on the aftermath of the transition, the current state of private enterprise in Cuba. We suggest how franchising could be a solution to develop a strong entrepreneurial families in transition economies with future suggestions for research

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