2015
DOI: 10.1016/j.jbusvent.2014.07.001
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Entrepreneurial legacy: Toward a theory of how some family firms nurture transgenerational entrepreneurship

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Cited by 571 publications
(709 citation statements)
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References 91 publications
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“…Autonomy positively influences financial performance in family firms (Habbershon and Pistrui 2002), especially the independence from stakeholders is considered important (Zellweger and Sieger 2012). Competitive Aggressiveness is divergently discussed: While family firms aim at a positive reputation and image in society (Jaskiewicz et al 2015) and therefore compete less aggressively, they strongly defend their family business when being threatened (Gómez-Mejía et al 2007). Due to the divergent and scattered findings for the respective EO dimensions and their effects on performance, we believe that it is necessary to test the complete Tweaking the entrepreneurial orientation-performance… multidimensional EO-performance relationship (Lumpkin and Dess 1996) for a more integrated understanding.…”
Section: The Eo-performance Relationshipmentioning
confidence: 99%
“…Autonomy positively influences financial performance in family firms (Habbershon and Pistrui 2002), especially the independence from stakeholders is considered important (Zellweger and Sieger 2012). Competitive Aggressiveness is divergently discussed: While family firms aim at a positive reputation and image in society (Jaskiewicz et al 2015) and therefore compete less aggressively, they strongly defend their family business when being threatened (Gómez-Mejía et al 2007). Due to the divergent and scattered findings for the respective EO dimensions and their effects on performance, we believe that it is necessary to test the complete Tweaking the entrepreneurial orientation-performance… multidimensional EO-performance relationship (Lumpkin and Dess 1996) for a more integrated understanding.…”
Section: The Eo-performance Relationshipmentioning
confidence: 99%
“…Furthermore, we have argued that open knowledge sharing is a critical mechanism that underpins the impact of conflict management and social capital on the conversion of intergenerational strategy involvement into family firms' innovation pursuits. Additional research could measure such open knowledge sharing directly and assess how the moderating effects proposed herein relate to different aspects of family member knowledge exchanges during strategic discussions-such as the breadth and depth of knowledge sharing (Zahra, Ireland, & Hitt, 2000) or the tacitness of the knowledge that gets exchanged (Nonaka, 1994)-as well as investigate how these aspects of knowledge sharing might inform the type of innovation pursued, such as incremental or radical innovation (Block, 2012;Jaskiewicz, Combs, & Rau, 2015;McAdam, Reid, & Mitchell, 2010).…”
Section: Future Research Directionsmentioning
confidence: 99%
“…Several researchers have suggested focusing on familylevel analysis to arrive at a clear explanation regarding family entrepreneurship through generations (Au, Craig & Ramachandran, 2011;Habbershon, Nordqvist & Zellweger, 2010;Nordqvist et al, 2011;Zellweger, Nason & Nordqvist, 2011). There is some evidence that the entrepreneurial spirit can be transmitted to the younger generation either via family's experience or the youngsters' involvement (Laspita et al, 2012;Jaskiewics, Combs & Rau, 2015). The study of entrepreneurship from an intergenerational perspective is still in the development stage.…”
Section: Resultsmentioning
confidence: 99%
“…Jaskiewics, Combs & Rau (2015) state that entrepreneurial behaviour could become a legacy passed down in a multigenerational family that is involved in the business. It could also come from family entrepreneurship orientation, as introduced by Zellweger, Nason and Nordqvist (2011).…”
Section: Gaps Of Transgenerational Entrepreneurship In Tourism Businementioning
confidence: 99%