Karin Hellerstedt

Professor Business Administration
Business Administration , Jönköping International Business School
CeFEO - Centre for Family Entrepreneurship and Ownership , Jönköping International Business School
PhD in Business Administration
Presentation Publications

Karin Hellerstedt is a Full Professor and lecturer at Jönköping International Business School. Her research primarily focuses on strategy and entrepreneurship, with a particular interest in the various phases and strategic decisions throughout the entrepreneurial journey. Her PhD thesis explored the composition and development of new venture teams. Following this, her research has concentrated on the transition of ownership in privately held firms in Sweden, viewing it as a strategic choice. Additionally, she has been involved in several projects examining exit and shut-down decisions. More recently, her work has expanded to include studies on the upper echelons of firms, investigating CEO appointments and exits, boards of directors, different types of ownership, well-being, and diversity, equity, and inclusion (DEI) initiatives.

Karin Hellerstedt has been involved in several research projects dealing with different aspects of entrepreneurship, such as academic, rural, and knowledge-intensive entrepreneurship. She has written and published several research reports and has published in international peer-reviewed journals. Her research has also been featured in popular media.

Article

Jenkins, A., Achtenhagen, L., Hellerstedt, K. (2024). Back to work? How employers perceive applicants’ experience of entrepreneurial failure Entrepreneurship and Regional Development, 36(5-6), 659-680. More information
Genedy, M., Hellerstedt, K., Naldi, L., Wiklund, J. (2024). Growing pains in scale-ups: How scaling affects new venture employee burnout and job satisfaction Journal of Business Venturing, 39(2). More information
Hellerstedt, K., Uman, T., Wennberg, K. (2024). FOOLED BY DIVERSITY?: WHEN DIVERSITY INITIATIVES EXACERBATE RATHER THAN MITIGATE BIAS AND INEQUALITY Academy of Management Perspectives, 38(1), 23-42. More information
Bayissa, J., Hellerstedt, K., Brundin, E., Abtew, M. (2024). Transitioning to an entrepreneurial career as a process of individuation: a study of graduate entrepreneurs in Ethiopia and the role of their parents International Journal of Entrepreneurial Behaviour & Research, 30(11), 420-445. More information
Korsgaard, S., Wigren, C., Brundin, E., Hellerstedt, K., Alsos, G., Grande, J. (2022). Entrepreneurship and embeddedness: process, context and theoretical foundations Entrepreneurship and Regional Development, 34(3-4), 210-221. More information
Wigren-Kristoferson, C., Brundin, E., Hellerstedt, K., Stevenson, A., Aggestam, M. (2022). Rethinking embeddedness: a review and research agenda. More information
Finkel, D., Hellerstedt, K., Naldi, L. (2021). Socioeconomic Status Moderates Heritability of Entrepreneurial Personality Factor Behavior Genetics, 51(6), 705. More information
Chirico, F., Gómez-Mejia, L., Hellerstedt, K., Withers, M., Nordqvist, M. (2020). To merge, sell or liquidate? Socioemotional wealth, family control, and the choice of business exit Journal of Management, 46(8), 1342-1379. More information
Banerjee, A., Nordqvist, M., Hellerstedt, K. (2020). The role of the board chair: A literature review and suggestions for future research. More information
Wigren-Kristofersen, C., Korsgaard, S., Brundin, E., Hellerstedt, K., Alsos, G., Grande, J. (2019). Entrepreneurship and embeddedness: dynamic, processual and multi-layered perspectives Entrepreneurship and Regional Development, 31(9-10), 1011-1015. More information
Nordqvist, M., Wennberg, K., Baù, M., Hellerstedt, K. (2013). An Entrepreneurial Process Perspective on Succession in Family Firms Small Business Economics, 40(4), 1087-1122. More information
Wiklund, J., Nordqvist, M., Hellerstedt, K., Bird, M. (2013). Internal Versus External Ownership Transition in Family Firms: An Embeddedness Perspective Entrepreneurship: Theory & Practice, 37(6), 1319-1340. More information
Wennberg, K., Delmar, F., Hellerstedt, K. (2012). Teknikintensivt nyföretagande och tillväxt i branscher och företag , 36-49. More information
Wennberg, K., Nordqvist, M., Wiklund, J., Hellerstedt, K. (2011). Implications of Intra-Family and External Ownership Transfer of Family Firm: short-term and long-term performance differences Strategic Entrepreneurship Journal, 5(4), 352-372. More information
Delmar, F., Wennberg, K., Hellerstedt, K. (2011). Endogenous growth through knowledge spillovers in entrepreneurship: an empirical test Strategic Entrepreneurship Journal, 5(3), 199-226. More information
Andersson, M., Hellerstedt, K. (2009). Location Attributes and Start-ups in Knowledge-Intensive Business Services Industry and Innovation, 16(1), 103-121. More information
Naldi, L., Nordqvist, M., Hellerstedt, K., Wiklund, J. (2007). Entrepreneurial orientation, risk taking, and performance in family firms Family Business Review, 20(1), 33-47. More information

Doctoral thesis

Hellerstedt, K. (2009). The Composition of New Venture Teams: Its Dynamics and Consequences (Doctoral thesis, Jönköping: Jönköping International Business School). More information

Book chapter

Meineke, A., Hellerstedt, K., Nordqvist, M. (2019). The changing role of the chairperson of the board: an analysis of business press articles in the UK, US and Germany. In: Jonas Gabrielsson, Wafa Khlif & Sibel Yamak (Ed.), Research handbook on boards of directors (pp. 229 -254). Cheltenham: Edward Elgar Publishing More information
Hellerstedt, K., Wigren, C., Aggestam, M., Stevenson, A., Brundin, E. (2019). Disembeddedness, prior industry knowledge and opportunity creation processes. In: E. Laveren, R. Blackburn, U. Hytti & H. Landström (Ed.), Rigour and relevance in entrepreneurship research, resources and outcomes: Frontiers in European entrepreneurship research (pp. 140 -161). Cheltenham, UK: Edward Elgar Publishing More information
Hellerstedt, K. (2019). Professionalisering och entreprenörskapi små företag. In: Karl Wennberg (Ed.), Entreprenörskap för en levande landsbygd: 15 texter om landsbygdsutveckling och entreprenörskap i Norrland (pp. 201 -218). Växjö: Familjen Kamprads stiftelse More information
Hellerstedt, K., Wennberg, K., Frederiksen, L. (2014). University knowledge spillovers and regional start-up rates: Supply and demand-side factors. In: Andrew C. Corbett, Donald S. Siegel, Jerome A. Katz (Ed.), Academic entrepreneurship: Creating an entrepreneurial ecosystem (pp. 137 -168). Bingley, U.K.: Emerald Group Publishing Limited More information
Baù, M., Hellerstedt, K., Nordqvist, M., Wennberg, K. (2013). Succession in Family Firms. In: Ritch L. Sorenson, Andy Yu, Keith H. Brigham and G. T. Lumpkin (Ed.), The Landscape of Family Business (pp. 167 -197). More information
Wiklund, J., Delmar, F., Hellerstedt, K. (2010). How Human Capital Affects Self-Employment Among the Science and Technology Labor Force. In: Holmquist, C. & Wiklund, J. (Ed.), Entrepreneurship and the creation of small firms: Emirical sptudies of new ventures (pp. 91 -114). Cheltenham: Edward Elgar More information
Wennberg, K., Hellerstedt, K. (2010). The Geography of Firm Emergence in the Knowledge Intensive Economy. In: F. Delmar & K. Wennberg (Ed.), Knowledge Intensive Entrepreneurship: The Birth, Growth and Demise of Entrepreneurial Firms: Cheltenham: Edward Elgar. Cheltenham: Edward Elgar Publishing More information

Conference paper

Bakry, L., Genedy, M., Hellerstedt, K., Naldi, L. (2024). Employee well-being in family firms: enhancing and impeding effects of family ownership. 2024 Babson conference (BCERC), 5-8 June 2024, Munich, Germany. More information
Genedy, M., Naldi, L., Hellerstedt, K., Nordqvist, M. (2022). SISTER ACT: A GENDER PERSPECTIVE ON FAMILY SUCCESSION. 82nd Annual Meeting of the Academy of Management 2022: A Hybrid Experience, AOM 2022 Seattle 5 August 2022 through 9 August 2022. More information
Genedy, M., Naldi, L., Hellerstedt, K. (2020). Self-employed, family-employed, or wage-employed? The role of birth order and family structure on initial career choices. 2020 Babson College Entrepreneurship Research Conference, Knoxville, Tennessee, USA. More information
Genedy, M., Hellerstedt, K., Naldi, L. (2020). The unanticipated growth and employees’ well-being. 2020 Babson College Entrepreneurship Research Conference, Knoxville, Tennessee, USA. More information
Andric, M., Bird, M., Hellerstedt, K., Zellweger, T. (2020). CEO divorce and firm performance – The role of CEO’s family situation. 80th Annual Meeting of the Academy of Management, 7-11 August, 2020, Vancouver, Canada. More information
Bird, M., Andric, M., Hellerstedt, K. (2020). The influence of entrepreneurial teams’ structural power inequality on firm performance. 80th Annual Meeting of the Academy of Management, 7-11 August, 2020, Vancouver, Canada. More information
Banerjee, A., Nordqvist, M., Hellerstedt, K. (2019). Board leadership and the chairperson of the board: A review and suggestions for future research. AOM Annual Meeting Proceedings, August 9-13 2019, Boston, USA. More information
Mateja, A., Bird, M., Hellerstedt, K. (2019). The impact of entrepreneurs’ life events on entrepreneurial ventures’ performance.. 39th Annual Babson College Entrepreneurship Research Conference (BCERC), June 5-8, 2019, Wellesley, Massachusetts, United States.. More information
Bird, M., Hellerstedt, K. (2018). The influence of relational conflicts on spousal entrepreneurs‘ team performance. Babson College Entrepreneurship Research Conference (BCERC), June 6-9, 2018, Waterford, Ireland. More information
Wigren-Kristoferson, C. Aggestam, M. Alsos, G. Brundin, E. Grande, J. Hellerstedt, K. , ... Stevenson A. (2017). Entrepreneurship and digital embeddedness: virtual opportunities or challenges?. RENT XXXI, November 15-17, 2017, Lund, Sweden November 15-17, 2017. More information
Wigren-Kristoferson, C., Brundin, E., Hellerstedt, K., Stevenson, A., Aggestam, M. (2017). Disembeddedness, prior industry experience and opportunity creation processes. RENT XXXI, November 15-17, 2017, Lund, Sweden November 15-17, 2017. More information
Jenkins, A., Hunter, E., Hellerstedt, K., Davidsson, P. (2014). Stigmatization of failed entrepreneurs: prevalence and solutions. 2014 Babson College Entrepreneurship Research Conference, 4 – 7 June, Ontario, Canada.. More information
Chirico, F., Hellerstedt, K., Mattias, N. (2012). Business Exit in Family vs. Non-Family Firms: When Emotional Logic Overrules Rational Judgment. the Annual Meeting of the Academy of Management, Boston, MA. USA, August. More information
Chirico, F., Hellerstedt, K., Nordqvist, M. (2012). “Do Family Firms Exit Less?”. Texas, USA 32nd Babson College Entrepreneurship Research Conference, June 6-9, 2012, Fort Worth, Texas. More information
Baù, M., Nordqvist, M., Hellerstedt, K. (2012). A Family Embeddedness Perspective on the Entrepreneurial Entry Process: Operationalization and Consequences. Texas, USA 32nd Babson College Entrepreneurship Research Conference, June 6-9, 2012, Fort Worth, Texas. More information
Baù, M., Hellerstedt, K., Nordqvist, M., Wennberg, K. (2010). What do we know on firm succession and the entrepreneurial process: A Synthesis of the literature. 10th Annual Ifera World Family Business Research Conference. More information
Hellerstedt, K., Nordqvist, M., Wennberg, K. (2010). Different Paths of Ownership Transition in Entrepreneurial Firms. The 2010 Babson College Entrepreneurship Research Conference (BCERC), June 9-12, Lausanne, Switzerland. More information
Wennberg, K., Nordqvist, M., Baù, M., Hellerstedt, K. (2010). Succession in private firms as an entrepreneurial process: a review and a research agenda. The IFERA World Conference 2010, Lancaster, UK, 6 - 9 July, 2010. More information
Andersson, M., Hellerstedt, K. (2007). Entrepreneurship, Knowledge Intensive Business Services (KIBS) and Location. Agglomeration and Growth In Knowledge-based Societies. More information
Hellerstedt, K., Aldrich, H., Wiklund, J. (2007). The impact of past performance and team composition on the exit of team members in young firms.. Agglomeration and Growth In Knowledge-based Societies. More information
Hellerstedt, K., Aldrich, H., Wiklund, J. (2007). The impact of past performance on the exit of team members in young firms: - the role of team composition. Agglomeration and Growth In Knowledge-based Societies. More information
Hellerstedt, K., Andersson, M. (2007). Entrepreneurship explained by location attributes: Knowledge resources, market potentials and entrepreneurial opportunities. Agglomeration and Growth In Knowledge-based Societies. More information
Delmar, F., Hellerstedt, K., Wennberg, K., Wiklund, J. (2006). The Evolution of the Firms Created by Self-Employed among the Swedish Science and Technology Labor Force between 1990 and 2000. Agglomeration and Growth In Knowledge-based Societies. More information
Hellerstedt, K., Wigren, C. (2005). The family as a platform for entrepreneurship. .. More information
Hellerstedt, K., Wigren, C. (2005). The business family: A potential platform for entrepreneurship. .. More information
Hellerstedt, K., Delmar, F., Wennberg, K. (2005). Survival of the biggest. .. More information
Delmar, F., Hellerstedt, K., Wennberg, K., Wiklund, J. (2004). The evolution of firms created by self-employed among the Swedish science and technology labor force between 1990 and 2000.. .. More information
Hellerstedt, K., Wiklund, J., Delmar, F. (2004). Selection of the Fittest? How Human Capital affects High-Potential Entrepreneurship.: How Human Capital affects High-Potential Entrepreneurship.. .. More information
Hellerstedt, K., Wiklund, J., Delmar, F. (2004). Entrepreneurship at any Expense?: The Effect of Human Capital on High-Potential Entrepreneurship.. .. More information
Hellerstedt, K., Wiklund, J., Delmar, F. (2003). The involvement in self-employment among the Swedish science and technology labor force between 1990 and 2000.. .. More information
Hellerstedt, K., Naldi, L. (2003). Do boards of directors play an entrepreneurial role in SMEs?: Evidence from Sweden. .. More information

Other publications

Genedy, M., Naldi, L., Hellerstedt, K. . Navigating career choices in parent-owned businesses: The impact of offspring birth order on joining and leaving the parent’s business. More information

Report

Andersson, J., Andersson, F., Håkansson, M., Nordqvist, M., Hellerstedt, K. (2014). Kartläggning av ägarskiften i företag: Utveckling och dokumentation av dataunderlag. Östersund: Myndigheten för tillväxtpolitiska utvärderingar och analyser More information
Andersson, M., Hellerstedt, K. (2008). Location Attributes and Start-Ups in Knowledge Intensive Business Services. Stockholm: Royal Institute of Technology, CESIS More information
Hellerstedt, K., Wiklund, J. (2006). Entreprenörskap på landsbygden: en översikt av internationell forskning (Rural Entrepreneurship). Jönköping: Jordbruksverket More information
Delmar, F., Wennberg, K., Wiklund, J., Hellerstedt, K. (2005). Self-employment among the Swedish science and technology labor force: the evolution of the firms created between 1990 and 2000. Östersund: ITPS More information
Delmar, F., Hellerstedt, K., Wiklund, J. (2003). The involvement in self-employment among the Swedish science and technology labor force between 1990 and 2000. Östersund: Institutet för tillväxtpolitiska studier (ITPS) More information