We have chosen Innovation in Family Firms as the main theme for this issue of the family business news. From this issue onward, you will find some interesting news on family businesses outside India as well, besides the snapshots of some research articles on the theme for the issue. Also, there is reprint of an article on the workings of Indian family businesses published by The Times, London on the eve of the FBN International Summit held earlier this month in London. Hope you will find them interesting.

Please mark your calendar for our next major conference which is round the corner. We will be organizing the Fourth Asian Invitational Conference on Family Business at the ISB during February 1 – 3, 2013 with “Built Forever – Outstanding Business Performance and Lasting Family Harmony” as the main theme. As always, we have the Research and Case Conference on February 1 and Business Conference on February 2 & 3. Click here for the brochure

For more details, please visit

As always, I encourage you to send your feedback and interesting articles which we can consider for inclusion in our forthcoming newsletters.

Best regards,
Article Summaries
A 10-Year Longitudinal Investigation of Strategy, Systems, and Environment on Innovation in Family Firms
Innovativeness in family firms - a family influence perspective
Strategic innovation and new product development in family firms - an empirically grounded theoretical framework
Indian family firms treading a path between tradition and modernity
From the press  
Five reasons why India has failed to produce next gen business icons
The Economic Times, September 2, 2012
GMR to Re-organise Businesses
The Economic Times, September 4, 2012
Rich Families Cut Back on Buyout Firms for Direct Deals, October 18, 2012
Harvard Business School Gets $40 Million Gift From Chao Family
The Economic Times, September 4, 2012
ISB Updates
Registrations open for O2, the B-plan competition on clean technology
TiE-ISB Connect
The 4th iDiya Challenge-ISB's National Social Venture Competition


Contact Us
Thomas Schmidheiny Chair Professor of Family Business & Wealth Management, Indian School of Business Hyderabad - 500 032, Ph: +91 40 23187189,
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