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Published in:
Introduction to “Family Business in Transition Economies” Read chapter Read first chapter

2015 | OriginalPaper | Chapter

Obstacles and Opportunities for Development of Family Businesses: Experiences from Moldova

Authors : Elena Aculai, Natalia Vinogradova, Valentina Veverita

Published in: Family Businesses in Transition Economies

Publisher: Springer International Publishing

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Abstract

The chapter examines the processes of formation and development of small family enterprises, as in Moldova, the family business is created and developed mainly as micro and small enterprises. Since the activity of family businesses is not legally regulated and is not considered by the statistics in the Republic of Moldova, primarily the results of surveys and interviews with entrepreneurs, conducted by the authors during the realization of international projects and studies carried out in the National Institute for Economic Research of the Academy of Sciences of Moldova in the period 2001–2013 served the basis for writing this material. The chapter describes the barriers for family businesses, conditioned by their access to certain types of resources and other limiting factors from the external environment. Simultaneously, additional opportunities of the family SMEs are observed, arising through cooperation of the efforts and resources of family members, which allows increasing the assets of family businesses and partly compensating the shortcomings of the activity of business support institutes.

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previous chapter Management Practices in Bulgarian Family and Non-family SMEs: Exploring “Real” Differences
next chapter Successors’ Innovativeness as a Crucial Succession Challenge of Family Businesses in Transition Economies: The Case of Slovenia
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Metadata
Title
Obstacles and Opportunities for Development of Family Businesses: Experiences from Moldova
Authors
Elena Aculai
Natalia Vinogradova
Valentina Veverita
Copyright Year
2015
Book
Family Businesses in Transition Economies

Print ISBN: 978-3-319-14208-1

Electronic ISBN: 978-3-319-14209-8

Copyright Year: 2015

DOI
https://doi.org/10.1007/978-3-319-14209-8_7

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