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Research Model

The research approach blends in-depth case studies, diagnostic surveys, group dialogue between researchers and families, and peer benchmarking among families.

It is intended to answer the questions:

How do business families generate and sustain entrepreneurial performance across generations?

What role does the family have in enabling or constraining these performance outcomes?

The STEP Project is a corporate entrepreneurship research study conducted by a global consortium of academic institutions that are committed to generating leading edge knowledge on entrepreneurship in the context of business families.

Academics participating in the STEP Project have a strong interest in creating a practical nexus between entrepreneurship theory and family-influenced wealth creation, and their institutions have committed to exploring research and practice solutions for how families build their entrepreneurial legacies through growth.

The STEP Project operates in four regions of the world – Europe, Latin America, Asia, and North America. Each region utilizes the same model, but organizes its research collection and dissemination as independent groups.

The Institute for Family Enterprising at Babson College serves as the global leader and co-chair for each of the four research regions. The European STEP Project was launched in July 2005 is currently running in all four regions.

Collaborations
The STEP Project is pleased to be collaborating with the Family Firm Institute.  The Family Firm Institute is an international professional membership organization dedicated to providing interdisciplinary education and networking opportunities for family business advisors, consultants, educators and researchers and to raising public awareness about trends and developments in the family business field.  For more information about FFI visit their website here.

The Institute for Family Enterprising and the STEP Project are pleased to be collaborating with the FERC Conference.  FERC aims to enable scholars to design and develop research projects that are theoretically sound, empirically rigorous, and of practical significance and applicability to family firms.  For more about FERC click here
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     The STEP Project for Family Enterprising is the first global research study to focus on entrepreneurship in business families. For further information regarding STEP, please contact STEP@babson.edu.


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