Maintaining the Entrepreneurial Orientation in Family Businesses

The subject of this paper is the family businesses and their specific relation to entrepreneurship. Entrepreneurship, as a modern and appropriate way of action of enterprises in turbulent environments, from the companies requires special treatment for its development. This treatment stimulates specific issues for family businesses, their willingness to undertake entrepreneurial ventures, the attitude towards taking risks, degree of innovation etc. that depend on the internal structure of the enterprise and the way it governances. Republic of Macedonia is country in which this question is current, but the status of familiy business is still not formally defined. For this purpose, first we will determine the nature of family businesses and make a comparative review of family and non-family enterprises to determine the similarities and differences between them; we will identify the major issues concerning this type of enterprises and etc. The theoretical views on this issue will be backed up by statistic for family businesses. However the main focus is identifying the dimensions that reflect the entrepreneurial orientation of family businesses and making recommendations on how it should be maintained