The family business is a global phenomenon, and is particularly prominent in tourism and hospitality. In many cases, the family business was developed for the purpose of facilitating personal and family goals. For example, in rural areas, farmers can use tourism as a way to generate additional income, thereby remaining in the area and retaining family property. Running a bed and breakfast establishment is a way to mix family and work. Lifestyle, locational and autonomy motives are the norm, but profit and growth-oriented entrepreneurs are also found within family businesses.This book is the first academic treatment of family business issues within the tourism and hospitality industry. It provides comprehensive assessment of ownership, management and family-related concerns across the entire business and family life cycle. Many new international case studies of real family businesses are used to illustrate key points. The book will be of significant interest to researchers and students in tourism and hospitality, small business and entrepreneurship studies, as well as to owners and potential investors in family businesses.

This book provides a comprehensive collection of new insights into traditional paradigms, approaches, and methods, as well as more recent developments in issues related to family businesses in tourism and hospitality. The aim of the chapters is to verify whether, in the tourism industry, the “family business model” is an important development opportunity and, in particular, if it is an innovation driver, for this industry development. In this context, the authors contribute chapters from a diverse set of countries to investigate personal and family needs and preferences alongside the relationship between family business model, growth and profit maximization, and the development of tourism businesses through innovation drivers. SME competency, the impact of COVID-19 on performance and marketing, and policy improvements are also discussed in this volume.

The Tourism Area Life Cycle (TALC) model is one of the most cited articles in the tourism literature, and since its publication has continued to be frequently quoted and utilised by academics and those in the tourism industry. Over the past 40 years it has been subject to widespread application and discussion, as well as elaboration, modification and criticism. This book provides a final overview of the use and contribution of the model, its strengths and weaknesses, and particularly its relevance in the 21st century in the context of problems such as overtourism and disasters, including the Covid-19 pandemic. The authors represent a mixture of senior academics, all of whom have used the TALC in their research, and younger scholars who have also used and modified the model. The final section considers revisions and concludes with a new version of the model.

Entrepreneurship is very important for both entrepreneurs and economic development. It helps boost innovation and competitiveness in every country and facilitates the creation of new jobs and new opportunities, especially for family businesses and small and medium enterprises (SMEs). Both entrepreneurship and innovation constitute a subject that is both topical and timeless, since institutions and the various institutional processes have always affected a country’s sustainability. Entrepreneurial Development and Innovation in Family Businesses and SMEs is an essential scholarly publication that contributes to the understanding, improving and strengthening of entrepreneurial development, and innovation’s role in family businesses and SMEs by providing both theoretical and applied knowledge in order to find how and why entrepreneurship and innovation can produce inefficient and dysfunctional outcomes. Featuring a wide range of topics such as women entrepreneurship, internationalization, and organizational learning, this book is ideal for researchers, policymakers, entrepreneurs, executives, managers, academicians, and students.

Entrepreneurship is a dynamic and evolving field that has captivated the imagination of individuals across the globe. It is an art and science that requires an unrelenting spirit, the ability to identify opportunities, take risks and innovate. In this Book, we explore the definition of entrepreneurship, the traits that are commonly found among successful entrepreneurs, and the various ways in which entrepreneurship manifests itself in the modern world. We begin by tracing the etymology of the term and the evolution of its definition over time. From Richard Cantillon’s first definition of the term as the person who pays a certain price for a product to resell it at an uncertain price, to contemporary definitions that focus on the ability to recognize opportunities and bring about change for some benefit, entrepreneurship has come a long way. We also delve into the various traits that are commonly found among successful entrepreneurs, such as confidence, risk-taking, innovation, resilience, goal-orientation, persistence, adaptability, and networking. Finally, we highlight the importance of entrepreneurship in today’s world, from the creation of new businesses and the introduction of new products and services, to the revitalization of existing organizations and the promotion of social and political change. Whether you are a seasoned entrepreneur or just starting out, this book is sure to provide valuable insights into the world of entrepreneurship.

The first authoritative overview of tourism studies published post-COVID-19 The Wiley Blackwell Companion to Tourism remains a definitive reference in this interdisciplinary field. Edited and authored by leading scholars from around the world, this state-of-the-art volume provides a comprehensive critical overview of tourism studies across the social sciences. In-depth yet accessible chapters combine established theories and cutting-edge developments and analysis, addressing a wide range of current and emerging topics, issues, debates, and themes. The second edition of the Companion reflects the complexity of the changing field, incorporating new developments, diverse theories, core themes, and fresh perspectives throughout. New and revised chapters explore the organization and practice of tourism, pressing health, economic, social, and environmental challenges, the impact of the COVID-19 pandemic on tourism and the tourist industry, empowerment, placemaking, mindfulness and wellbeing, resident attitudes towards tourism, Chinese outbound tourism, public transport, long-distance walking, and more. Covers the full spectrum of tourism studies, including its connections to geography, sociology, urban studies, sustainability, marketing, management, globalization, and policy Outlines exciting new and emerging approaches, theoretical foundations, and major developments in tourism studies Offers perspectives on major topics including the role of tourism in the Anthropocene, global and local change, resilience, innovation, and consumer and business behavior Sets an agenda for future tourism research and reviews significant issues in theory, method, and practice Features new contributions from an international panel of younger scholars and established researchers With a wealth of up-to-date bibliographic references and extensive coverage of the tourism-related literature, The Wiley Blackwell Companion to Tourism, Second Edition, is required reading for undergraduate students, postgraduate researchers, lecturers, and academic scholars in tourism studies, tourism management, tourism geography, tourism theory, sociology, urban studies, and globalization, as well as professionals working in tourism and hospitality management worldwide.

This book focuses in on the dominant role of SMEs (small and medium-sized enterprises) in the tourism and hospitality industry. It explores their impact on consumer perceptions of a destination, drawing on examples of small hotels, guesthouses, cafes and restaurants. It also highlights the challenges faced by SMEs to promote destination business growth - with discussion of competitiveness, quality and standards. With its entity-relationship model of a destination, this edited collection of international papers fully explores the dynamics SMEs. Case studies from around the world also puts SMEs research into a global context.

This edited collection analyses the unexplored concept of the family business group, evaluating the opportunities and advantages that it creates for entrepreneurs. Raising a number of important questions, the authors construct a new research agenda for the complex topic of the family business group, which will ultimately assess its contribution towards the economy and society in general. The chapters provide a core understanding of the phenomenon and cover its formation, nature and complexities, as well as offering a holistic perspective and exploring factors such as scale, size and regional contexts. A useful tool for those researching small businesses, organisation, and business strategy, this book highlights the key advantages of family business group structures in both developed and developing countries, and local and national contexts.

. . . this Handbook is a good example . . . for those interested in giving a more articulated and solid flavour to their research. Andrea Colli, Business History The authors have taken a lot of pain in putting this Handbook together. As the name indicates, this is an excellent Handbook for researchers. Global Business Review The Handbook of Research on Family Business has collected and synthesized a broad variety of topics by notable researchers who share a common dedication to family business research. This Handbook provides a comprehensive treatment that advances the frontiers of knowledge in family business, provoking valuable thoughts and discussion. The Handbook serves as both an authoritative and comprehensive reference work for researchers investigating family enterprises. A. Bakr Ibrahim, Concordia University, Montreal, Canada Although family business research is a young discipline it is both necessary and important. For the wellbeing and future development of our society the survival of prosperous and passionate family business entrepreneurs is indispensable. In order to help the families in business to better understand how to succeed with their enterprises we need qualified and updated research. This book is the answer! Hans-Jacob Bonnier, Bonnier Business Press Group, Sweden and 6th Generation Chairman of the Family Business Network International This Handbook is a unique compilation of the most important and the best recent family business research. The field has grown so rapidly that this effort will be a mark for the research to follow. The Handbook of Research on Family Business will be the reference for scholars in family business for many years to come. It will also stimulate new ideas in research. John L. Ward, IMD, Switzerland and Northwestern University, US The Handbook of Research on Family Business provides a comprehensive first port of call for those wishing to survey progress in the theory and practice of family business research. In response to the extensive growth of family business as a topic of academic inquiry, the principal objective of the Handbook is to provide an authoritative and scholarly overview of current thinking in this multidisciplinary field. The contributors examine recent advances in the study of family business, which has undertaken significant strides in terms of theory building, empirical rigour, development of sophisticated survey instruments, systematic measurement of family business activity, use of alternative research methodologies and deployment of robust tools of analysis. A wide selection of empirical studies addressing the current family business research agenda are presented, and issues and topics explored include: validation of the protagonist role that family firms play in social-economic spheres; operational and definitional issues surrounding what constitutes a family business; historical development of the field of family business; methodologies encompassing micro and macro perspectives; challenges to the orthodox microeconomic view of homo-economicus firms by highlighting the virtues of family influence and social capital. Comprising contributions from leading researchers credited with shaping the family business agenda, this Handbook will prove an invaluable reference tool for students, researchers, academics and practitioners involved with the family business arena.