© 2015

Family Businesses in Transition Economies

Management, Succession and Internationalization

  • Léo-Paul Dana
  • Veland Ramadani


  • Presents the first systematic analysis of the role of family businesses in transitional economies

  • Highlights problems of family businesses such as succession, financial constraints, and conflicts in transition economies

  • Offers recommendations to policy makers on improving the conditions faced by family business owners


Table of contents

  1. Front Matter
    Pages i-xxiv
  2. Léo-Paul Dana, Veland Ramadani
    Pages 1-6
  3. Introductory Issues

    1. Front Matter
      Pages 7-7
    2. Veland Ramadani, Frank Hoy
      Pages 9-37
    3. Léo-Paul Dana, Veland Ramadani
      Pages 39-69
    4. Jelena Trivić, Saša Petković
      Pages 71-96
  4. Management, Succession and Financial Issues

    1. Front Matter
      Pages 97-97
    2. Desislava Yordanova, Zhelyu Vladimirov, Ralitsa Simeonova-Ganeva
      Pages 113-138
    3. Elena Aculai, Natalia Vinogradova, Valentina Veverita
      Pages 139-156
    4. Iva Senegović, Valerija Bublić, Gordana Ćorić
      Pages 175-197
    5. Veland Ramadani, Alain Fayolle, Shqipe Gërguri-Rashiti, Egzona Aliu
      Pages 199-221
    6. Jaroslav Belás, Přemysl Bartoš, Roman Hlawiczka, Mária Hudáková
      Pages 223-238
    7. Tullio Buccellato, Gian Fazio, Yulia Rodionova, Natalia Vershinina
      Pages 239-264
  5. Internationalisation and Other Issues

About this book


This book presents the reader a comprehensive understanding of the development of family business in transitional economies. Throughout eastern Europe, post-Communist countries transitioning to market-based economies are obtaining a variety of results due to diverse policy approaches. Expert contributions in this book draw from a wealth of information in this context and include thought-provoking policy prescriptions for the future. This book concentrates on the challenges to predict the direction emerging markets will take, particularly when dealing with the wide-ranging social and economic situations taking place in post-Communist Eastern Europe. This reference volume for policymakers, educators, investors, and researchers also provides a much-needed and timely survey of family firms in the transitioning markets of post-Communist Europe.


Family business Financial constraints Networking Small and medium-sized enterprises Small business Succession

Editors and affiliations

  • Léo-Paul Dana
    • 1
  • Veland Ramadani
    • 2
  1. 1.GSCM Montpellier Business SchoolMontpellierFrance
  2. 2.South-East European UniversityTetovoMacedonia

About the editors

Léo-Paul Dana received BA and MBA degrees at McGill University and a PhD from HEC-Montreal. He is Professor of Entrepreneurship at Montpellier Business School and holds the honorary title of Adjunct Professor at the University of Regina, in Canada. He was earned tenure at the University of Canterbury and formerly served as Visiting Professor of Entrepreneurship at INSEAD and Deputy Director of the International Business MBA Programme at Nanyang Business School. He has published extensively in a variety of leading journals including the Cornell Quarterly, Entrepreneurship and Regional Development, Entrepreneurship: Theory and Practice, Journal of Small Business Management, Journal of World Business, and Small Business Economics. His research interests focus on cultural issues, including the internationalization of entrepreneurship. He is Editor Emeritus of the Journal of International Entrepreneurship. Among his books are When Economies Change Hands: A Survey of Entrepreneurship in the Emerging Markets of Europe from the Balkans to the Baltic States, published by Routledge in 2010 and the World Encyclopedia of Entrepreneurship, released in 2011.

Veland Ramadani is an Assistant Professor at South-East European University, Republic of Macedonia, where he teaches both undergraduate and postgraduate courses in entrepreneurship and small business management. During the period 2012- 2014, he served as Coordinator of Integrated Study Programme Department: Contemporary Enterprise Management, within South-East European University. He formerly served as Visiting Professor of Entrepreneurship at Universum College and AAB University, Republic of Kosovo. His research interests include entrepreneurship, small business management and venture capital investments. He authored or co-authored around forty-five research articles and ten books. Among his recent books are Entrepreneurship in the Balkans, published by Springer, Entrepreneurship, published by South-East European University and Female entrepreneurship in transitional economies: Trends and challenges, published by Palgrave Macmillan. Veland also serves as a member of editorial and reviewer board of several international journals. He was engaged by the President of Republic of Macedonia as a member of experts’ committee to analyse the economical, technological and juridical conditions for establishing techno-parks in the Republic of Macedonia. He has also delivered different trainings to the heads of departments in the Ministry of Economy of Macedonia.

Bibliographic information

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