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- Aldrich, Howard E., et al.
(författare)
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Entrepreneurship in family firms : What's next? Multilevel embeddedness and individuals’ cognition
- 2023
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Ingår i: The Journal of Family Business Strategy. - : Elsevier. - 1877-8585 .- 1877-8593. ; 14:3
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Tidskriftsartikel (refereegranskat)abstract
- This special issue contributes to the literature on entrepreneurship in family firms by leveraging the family embeddedness perspective. In doing so, the papers of the special issue bridge entrepreneurship at firm level with analyses at the individual and the enterprising family levels. Starting from and extending such contributions, in this introductory article we offer a “multilevel” embeddedness perspective on entrepreneurship in family firms. We do so first by considering that, in family firms, each individual's cognition ultimately depends on whether they belong to the enterprising family, and whether and how they are active in the family business. Second, we advance that individual entrepreneurial orientation is a key cognitive factor resulting from the multilevel embeddedness and bridging it with entrepreneurship at firm level. We derive theoretical implications for entrepreneurship in family business and highlight avenues for future research.
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| 2. |
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| 3. |
- Brumana, Mara, et al.
(författare)
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Orientation towards environmental sustainability in European family versus nonfamily firms : the role of policymaker engagement and incentives
- 2024
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Ingår i: Entrepreneurship and Regional Development. - : Taylor & Francis. - 0898-5626 .- 1464-5114.
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Tidskriftsartikel (refereegranskat)abstract
- This study contributes to the debate on family business environmental sustainability by investigating the environmental orientation of family versus nonfamily firms. We study whether family business status affects (i) the extent of environmental orientation, i.e. the number of incentives set for environmental sustainability activities, contingent upon firms’ engagement with policymakers, and (ii) how firms’ environmental orientation unfolds, considering the types and beneficiaries of the incentives. To do so, we build on behavioural theories in family business, along with the literature on firm non-market strategies and responses to institutional pressure. Data on 162 European manufacturing firms from the Carbon Disclosure Project and the Orbis database are collected. Our results show that family firms have a higher degree of environmental orientation than nonfamily firms. However, when they engage with policymakers, the family firm–environmental orientation relationship weakens. Regarding the types and beneficiaries of the incentives, family firms are more likely to provide monetary incentives and to be more inclusive in their incentive systems than nonfamily firms are.
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| 4. |
- Minola, Tommaso, et al.
(författare)
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Under which circumstances do family SMES achieve high growth? : A behavioural perspective
- 2022
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Ingår i: International Small Business Journal. - : Sage Publications. - 0266-2426 .- 1741-2870. ; 40:6, s. 768-798
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Tidskriftsartikel (refereegranskat)abstract
- High-growth firms contribute disproportionately to the creation of employment, wealth and economic development on a global basis. Yet, knowledge of the circumstances under which such growth patterns occur is limited, and the findings with regard to small and medium sized enterprises (SMEs) are inconclusive. Adopting the behavioural agency model, we analyse the effect of family control and related nuances (i.e. degree of family ownership and presence of a family chief executive officer (CEO)) on SME growth. Furthermore, we argue that the type of slack resources and their availability are a crucial organisational contingency when investigating high growth in SMEs. Using a sample of 39,631 European SMEs over a 13-year period, we find that family firms are less likely to achieve high growth compared to non-family firms; having a family CEO further reduces this likelihood. Instead, at higher (vs lower) levels of family ownership, the probability of family firms achieving high growth increases. Furthermore, the availability of high- and low-discretion slack resources influences these relationships. Our study advances current understanding of high growth in general, and family firms in particular.
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