The distinct challenges faced by family-run businesses will come under the spotlight at a two-day virtual symposium hosted by The University of Western Australia next week.
Convenor Associate Professor Donella Caspersz, from UWA’s Business School, said with family enterprises making up 70 per cent of all businesses in Australia, and the most dominant form of business across the Asia Pacific, the event would be relevant for many small-to-medium businesses (SMEs).
“Family businesses face unique challenges linked to the forces of globalisation and technological developments, as well as political, regulatory, and economic fluctuations, which is particularly true post-COVID, ” Associate Professor Caspersz said.
She said the symposium, hosted by UWA, Macquarie University, Adelaide University and Nottingham University in Kuala Lumpur, would provide value insight on managing these challenges, with 30 research papers from scholars from Japan, Malaysia, India, Pakistan and New Zealand as well as Europe, South America and Australia available for participants.
Day one of the 6th Asia Pacific Family Business Symposium, will see academic and industry WEB3 experts present case studies on how SMEs use WEB3 technologies in their business, in collaboration with the Western Australia WEB3 Association and the Global Fintech Institute.
The two-hour virtual event will be moderated by Dr Andrzej Gwizdalski, WAWEB3 Chair and UWA Honorary Research Fellow with Professor David Lee Kuo, Global Fintech Institute Chair.
Day two will include presentations from academics, students and practitioners on research relevant to the Symposium theme of ‘Family Business and Ecosystem Dynamics: Past, Present and Future’, along with family business studies.
The keynote speech ‘Family business entrepreneurship in different institutional settings’ will be provided by internationally renowned Professor Nadine Kammerlander, who leads the Institute for Family Business and is the Mittelstand Chair for Family Business at the Otto Beisheim School of Management in Germany.
The Asia-Pacific Family Symposium 2024 is being held on Wednesday 25 and Thursday 26 September. For more details see here.