The STEP Project

The STEP Project (Successful Transgenerational Entrepreneurship Practices), led by IFE Faculty Advisor Matthew Allen, is the first ongoing global research study focused on entrepreneurship in business families. Founded in 2005 by Babson College in collaboration with six academic affiliates in Europe, the STEP Project is a global applied research initiative that explores the entrepreneurial process within business families, and generates solutions that have immediate application for family leaders. The STEP Project studies the entrepreneurial activities of family enterprises over generations.

The STEP Project research network has grown to include more than 40 colleges and universities, leading academics, business families, and hundreds of researchers from around the world, helping to create a stream of best practices and research that empower families to build their entrepreneurial legacies. Babson has convened and collaborated with STEP academic affiliates and scholars to publish 11 books and 120 cases focused on family entrepreneurship across generations.

For further information please email the STEP Project.

Advice for Transitioning Family Businesses from Associate Professor Matt Allen