Raphael Amit, PhD

About Raphael

Raphael (“Raffi”) Amit is the Marie and Joseph Melone Professor and a Professor of Management at the Wharton School. Professor Amit founded and leads the Wharton Global Family Alliance (WGFA), a unique academic-family business partnership established to enhance the marketplace advantage and the social wealth creation contributions of enterprising families through thought leadership, knowledge transfers and the sharing of ideas and best practices among influential global families. He served as the academic director of and with overall responsibility for Wharton Entrepreneurship, which encompasses all of Wharton’s entrepreneurial programs, between 1999 and 2015.

Professor Amit holds BA and MA degrees in Economics. He received his PhD in Managerial Economics and Decision Sciences from Northwestern University’s Kellogg Graduate School of Management. Professor Amit’s current research and teaching interests center on family business management, governance, and finance; on family wealth management; on venture capital and private equity investments; on entrepreneurship; on the design of innovative business models; and on business strategy.  He has published extensively in leading academic journals and is frequently quoted in a broad range of practitioner outlets.

Professor Amit’s award winning research on family firms, which centers on issues that relate to ownership, management, control and governance of family businesses, on wealth management, and on family offices is widely cited. He has been working with substantial families around the world on such issues as creating governance systems for families and their businesses, succession, valuation, wealth management, the formation of a family office, and more. Overall, the work of Professor Amit with families integrates the behavioral and emotional issues that characterize the life of each family, with the economic and financial issues that must be addressed to sustain family harmony and happiness alongside with the long-term prosperity of the family enterprises.

Professor Amit has held a range of management and board of directors positions in various companies. He served as chairperson of the board of directors of Creo Products Inc. for six years. (NASDAQ: CREO. In May 2005 it was acquired by Kodak.)  Professor Amit has helped form the Korean Global IT Fund, a $100 million VC fund and has served as the first chairman of the KGIF Advisory Board. He has served on the board of directors of Alvarion Ltd. a wireless communication equipment company, and has been a member of the Audit and Compensation Committees of Alvarion. He has also served as the only external director of a private family owned and controlled firm in Hong Kong. Professor Amit currently serves on the board of directors of a global family-controlled firm in the financial services sector where he has chaired the audit and the enterprise risk management committees.

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