Stewardship of family enterprises: their value to society


Family businesses are responsible for most of the employment and value creation in our country. They are all too often equated with SMEs, but family businesses can range from one-man businesses to multinationals.

A report from Visiting Fellows Karel Volckaert and Michele Cincera.


Michele Cincera

Michele Cincera is Professor of Industrial economics at the Solvay Brussels School of Economics and Management – Université Libre de Bruxelles. Since 2012, he is the Director of the International Centre of Innovation, Technology and Education Studies (iCite). In 2009-2010, he was visiting the EC-JRC-IPTS as a senior scientist. His research interests embrace the quantitative assessment at the micro-level of innovative and entrepreneurial activities, their determinants and socio-economic impacts as well as the analysis of National Innovation Systems and policies supporting science, research and innovation.

Karel Volckaert

Karel Volckaert graduated as a physicist at the University of Ghent. He then obtained a charter of Financial Risk Manager and Chartered Financial Analyst. He was a portfolio strategist and fund manager to include Bank Corluy and Econopolis and valuation expert commissioned by private investors and major consultants. He is a partner at Riverrun investors. His interest is in the functioning of financial markets and climate change.