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Contribution to Book
The Deague family: Learning entrepreneurship through osmosis
Family enterprise in the Asia Pacific: Exploring transgenerational entrepreneurship in family firms
  • Justin B. Craig, Bond University
  • Wayne Irava, Bond University
  • Ken Moores, Bond University
Date of this Version
1-1-2011
Document Type
Book Chapter
Publication Details

Citation only

Craig, J. B., Irava, W. J., & Moores, K. J. (2011). The Deague family: Learning entrepreneurship through osmosis. In K. Au, J.B. Craig & K. Ramachadran (Eds.), Family enterprise in the Asia Pacific: Exploring transgenerational entrepreneurship in family firms (111-123). Cheltenham, United Kingdom: Edward Elgar.

Access the publisher's website.

2011 HERDC submission. FoR code: 150304

© Copyright Kevin Au, Justin B. Craig and Kavil Ramachandran, 2011

ISBN
9781848447929
Disciplines
Abstract

Extract

In this chapter, we introduce the idea of learning entrepreneurship by
osmosis. Drawing from the experiential learning literature, we feature
Australia’s Deague family. Experiential learning suggests that knowledge
is continuously gained through both personal and environmental experiences
(Kolb 1984). However, in order to gain genuine knowledge from an
experience, certain abilities are required. Specifically, the learner must: (i)
be willing to be actively involved in the experience; (ii) be able to reflect on
the experience; (iii) possess and use analytical skills to conceptualize the
experience; and (iv) possess decision-making and problem-solving skills in
order to use the new ideas gained from the experience.

Citation Information
Justin B. Craig, Wayne Irava and Ken Moores. "The Deague family: Learning entrepreneurship through osmosis" 1stCheltenham, United KingdomFamily enterprise in the Asia Pacific: Exploring transgenerational entrepreneurship in family firms (2011) p. 111 - 123
Available at: http://works.bepress.com/justin_craig/53/