Entrepreneurship in Family Business

A special issue of Administrative Sciences (ISSN 2076-3387). This special issue belongs to the section "International Entrepreneurship".

Deadline for manuscript submissions: closed (31 August 2019) | Viewed by 10574

Special Issue Editor


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Guest Editor
Department of Business Administration, University of Cantabria, 39005 Santander, Spain
Interests: knowledge management; eco-innovation; operations and sustainable business development; family firms; management systems certification
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Special Issue Information

Dear Colleagues,

Despite the increasing scholarly interest on entrepreneurship and family businesses, research on this topic is still fragmented and needed of further development.  For this reason, we call for theoretical and empirical studies that focus on, but are not limited to, several open issues including:

  • Influence of FB characteristics, institutional and sociocultural contexts in the decision to undertake corporate venturing activities, and identification of factors that could moderate these relationships.
  • Entrepreneurial activities and their effects on FB performance. Identification of firm, family and individual factors that could influence these results.
  • Role of FBs in creating collaborative networks and groups of enterprises as a factor of local or national development.
  • Influence of the organizational culture of FBs in their entrepreneurial behaviour and results.
  • Analysis of the success of corporate entrepreneurship strategies considering a variety of measures.
  • Effects of firm entrepreneurial behaviour at the family and/or individual level of analysis, exploring the possible influence of differences across sociocultural, religious and/or legal contexts in these results.
  • Influence of particular needs, interests and dynamics of the owing family on firm strategies to promote entrepreneurship, exploring if this influence is contingent upon different sociocultural contexts.
  • Influence of gender on family firms´ entrepreneurial dynamics, behaviors and results.
  • Influence of personal traits of the CEO, Top Management Team and/or directors on strategic decisions about entrepreneurship in FBs.

This Special Issue is an opportunity for future studies to fill these gaps and help substantially advance our scholarly understanding of entrepreneurship in FBs.

Prof. Dr. Ana María Serrano Bedia
Guest Editor

References

  1. Basco, R. (2013). The Family’s Effect on Family Firm Performance: A Model Testing the Demographic and Essence Approaches. Journal of Family Business Strategy 4(1), 42–66.
  2. Bettinelli, C., Sciascia, S., Randerson, K. & Fayolle, A. (2017). Researching entrepreneurship in family firms. Journal of Small Business Management, 55(4), 506-529.
  3. Botero, I. C., Cruz, C., De Massis, A., & Nordqvist, M. (2015). Family business research in the European context. European Journal of International Management, 9(2), 139–159.
  4. Chrisman, J. J., Chua, J. H. & Sharma, P. (2005). Trends and Directions in the Development of a Strategic Management Theory of the Family Firm. Entrepreneurship Theory and Practice, 29(5), 555–575.
  5. Dawson, A. & Mussolino, D. (2014). Exploring what makes family firms different: Discrete or overlapping constructs in the literature? Journal of Family Business Strategy, 5(2), 169–183.
  6. Gedajlovic, E., Carney, M., Chrisman, J. J. & Kellermanns, F. W. (2012). The Adolescence of Family Firm Research: Taking Stock and Planning for the Future. Journal of Management, 38(4), 1010–1037.
  7. Hair, J. F. & Sarstedt, M. (2014):  Innovative and established research methods in family business: Description, illustration and application guidelines. Journal of Family Business Strategy, 5(1), 1-3.
  8. Hernández-Linares, R, Sarkar, S. & Cobo, M. J. (2018). Inspecting the Achilles heel: a quantitative analysis of 50 years of family business definitions. Scientometrics, 115, 929-951.
  9. Hernández-Linares, R. & López-Fernández, M. C. (2018). Entrepreneurial Orientation and the Family Firm: Mapping the Field and Tracing a Path for Future Research. Family Business Review, 31(3), 318–351.
  10. IEF (2015). La empresa familiar en España. Madrid: Instituto de la Empresa Familiar.
  11. IFERA (2003). Family Businesses Dominate: International Family Enterprise Research Academy (IFERA). In: Family Business Review, 16 (4), 235–239.
  12. Kuratko, D. F., Morris, M. H. & Schindehutte, M. (2015). Understanding the Dynamics of Entrepreneurship Through Framework Approaches. Small Business Economics, 45 (1), 1–13.
  13. Kuratko, D. F., Morris, M. H. (2018). The Future Trajectory of Entrepreneurship. Journal of Small Business Management, 56(1), 11–23
  14. Lau, J. (2010). Defining Listed Family Controlled Corporations — An Agency Theory Perspective. Journal of Enterprising Culture, 18(4), 377–397.
  15. Lee, J. (2006). Family firm performance: further evidence. Family Business Review, 19(2), 103-114.
  16. López-Fernández, M. C., Serrano-Bedia, A. M., & Pérez-Pérez, M. (2016). Entrepreneurship and Family Firm Research: A Bibliometric Analysis of  An Emerging Field. Journal of Small Business Management, 54(2), 622–639.
  17. Mazzi, C. (2011). Family Business and Financial Performance: Current State of Knowledge and Future Research Challenges. Journal of Family Business Strategy 2(3), 166–181.
  18. Memili, E., Fang, H., Chrisman, J. J., & De Massis, A. (2015). The impact of small-and medium-sized family firms on economic growth. Small Business Economics, 45(4), 771–785.
  19. Morris, M. H., Kuratko D. F. & Cornwall, J.  (2013). Entrepreneurship Programs and the Modern University. Cheltenham, UK: Edward Elgar Publishing.
  20. Nordqvist, M. & Melin, L. (2010). Entrepreneurial families and family firms. Entrepreneurship & Regional Development, 22( 3-4), 211-239.
  21. Schulze, W. S., Lubatkin, M. H., Dino, R. N., & Buchholtz, A. K. (2001). Agency relationships in family firms: theory and evidence. Organization Science, 12 (2), 99—116.
  22. Sharma. P. & Chrisman, J. J. (1999). Toward a reconciliation of the definitional issues in the field of Corporate Entrepreneurship. Entrepreneurship Theory and Practice, 23(3), 11-28.
  23. Steigler, T., Duller, C, & Hiebl, M. R. W. (2015). No consensus in sight: an analysis of ten years of Family Business Definitions in empirical research studies. Journal of Enterprising Culture, 23 (1), 25-62. 
  24. Zellweger, T. M., Eddleston, K. A. & Kellermanns, F. W. (2010). Exploring the Concept of Familiness: Introducing Family Firm Identity. Journal of Family Business Strategy 1(1), 54–63.

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Keywords

  • Entrepreneuship
  • Family business

Published Papers (2 papers)

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Research

18 pages, 514 KiB  
Article
Knowledge, Renewal and Flexibility: Exploratory Research in Family Firms
by Marta Pérez-Pérez, María Concepción López-Férnandez and María Obeso
Adm. Sci. 2019, 9(4), 87; https://doi.org/10.3390/admsci9040087 - 11 Nov 2019
Cited by 19 | Viewed by 4087
Abstract
This study aims to explore how family firms pursue strategies that promote strategic flexibility and knowledge-management (KM) practices to respond to strategic-renewal goals. Specifically, based on a knowledge-based view of the firm, the following research question is proposed: Are there heterogeneous groups of [...] Read more.
This study aims to explore how family firms pursue strategies that promote strategic flexibility and knowledge-management (KM) practices to respond to strategic-renewal goals. Specifically, based on a knowledge-based view of the firm, the following research question is proposed: Are there heterogeneous groups of family firms in terms of knowledge management, strategic flexibility and strategic renewal goals? To answer this question, an exploratory study using a two-step cluster analysis is developed. It reveals natural groupings from a sample of 288 small and medium-sized Spanish family enterprises (SMEs). The results obtained identified three distinctive clusters of family firms, namely proactive family firms, transitional or adaptive family firms, and rigid family firms. After two-step cluster analysis, we also conducted analysis of variance (ANOVA) to confirm that significant differences amongst the three clusters exist. After heterogeneity been confirmed, a further profile of the cluster solution was provided by using CEO and board characteristics, as well as the generational stage of the company. The findings offer some counterbalance for those studies that tend to study family businesses as a homogeneous entity, thus permitting researchers to access more information, providing rich explanations for renewal managerial decision-making purposes in family firm contexts. Full article
(This article belongs to the Special Issue Entrepreneurship in Family Business)
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22 pages, 1655 KiB  
Article
Knowledge Management Practices and Innovation Outcomes: The Moderating Role of Risk-Taking and Proactiveness
by Gema García-Piqueres, Ana-M. Serrano-Bedia and Marta Pérez-Pérez
Adm. Sci. 2019, 9(4), 75; https://doi.org/10.3390/admsci9040075 - 26 Sep 2019
Cited by 26 | Viewed by 5789
Abstract
This study, by the application of a linear regression by ordinary least squares (OLS), aimed to explore the relationships between knowledge management practices (KMP) and innovation outcomes (product, process, organizational, and commercial), and how they can be moderated by two dimensions of the [...] Read more.
This study, by the application of a linear regression by ordinary least squares (OLS), aimed to explore the relationships between knowledge management practices (KMP) and innovation outcomes (product, process, organizational, and commercial), and how they can be moderated by two dimensions of the entrepreneurial orientation (proactiveness and risk taking). This empirical study used survey data from a sample of 288 Spanish family small and medium enterprises (SMEs). The results revealed a positive effect of all the KMPs studied for at least one of the innovation variables studied. Regarding the moderating effect of proactiveness and risk taking on the KMP-innovation outcomes relationship, proactiveness negatively moderated the relationship between knowledge creation and product/process innovation. Moreover, a positive moderating effect was found for the case of knowledge application and process innovation. With regard to risk taking, the evidence found was mixed, and confirmed for some KMPs and all the innovation measures, with the exception of process innovation. The only positive moderating effect found was for knowledge storage and product innovation, whereas, contrary to expected, a negative moderating effect was found for knowledge creation, transfer, and application practices and commercial, product, and organizational innovations, respectively. Full article
(This article belongs to the Special Issue Entrepreneurship in Family Business)
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