Entrepreneurship prof Stewart honored with best article award


May 30, 2013

Dr. Alex Stewart, associate professor and Coleman Chair in Entrepreneurship, has been honored with the 2012 Best Article Award from the Family Business Review, the journal of the Family Firm Institute. The award will be presented at the FFI Annual Conference in San Diego in October.

Stewart is being recognized for his study, “Why can’t a family business be more like a non-family business: Modes of professionalization in family firms,” which he co-authored with Dr. Michael Hitt of Texas A&M University. The paper was published in the FBR in March 2012; a full copy of the article is available online.

In the study, Stewart and his collaborator survey arguments that family firms should behave more like nonfamily firms and “professionalize.” The authors reflect on why, despite the apparent advantages of this transition, many family firms fail to do so or do so only partially.

Currently the academic director of Marquette Business’ Kohler Center for Entrepreneurship, Stewart joined has been at Marquette since 2000. He previously served on the faculty of Texas Tech University. He is a past chair of the Entrepreneurship Division of the Academy of Management, program chair and co-convener of the Organization Science Winter Conference, and program chair of the Family Enterprise Research Conference, for which he serves on the board.