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Is blood always thicker than water?: Family firm parents, kinship ties, and the survival of spawns
Rotterdam School of Management, Erasmus University, Netherlands.
Rotterdam School of Management, Erasmus University, Netherlands.
Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). House of Innovation, Stockholm School of Economics, Sweden.ORCID iD: 0000-0002-3613-4233
2021 (English)In: Journal of Business Venturing, ISSN 0883-9026, E-ISSN 1873-2003, Vol. 36, no 6, article id 106161Article in journal (Refereed) Published
Abstract [en]

We theorize that due to their ability to draw upon the distinctive bonding and bridging social capital resources of their family firm parents, family member spawns have longer early survival times than nonfamily member spawns from family firms, which in turn should have longer early survival times than spawns from nonfamily firm parents. We also predict that the survival enhancing effects of family parent bonding and bridging social capital are conditional on the spatial, cognitive and social proximity between the parent and the spawn. Using a population wide sample of 114,837 spawns founded in Sweden between 2000 and 2007, we find that nonfamily member spawns survive longer than spawns from nonfamily firms, and that this survival enhancing effect is contingent on the spatial and social proximity between the spawn and its parent. We also find that spawns founded by family members, on average, do not survive longer than spawns from family firms founded by nonfamily members, and that greater spatial and cognitive distance even hurt the survival of family member spawns. We discuss the contributions of our research to the spawning, family firm, and entrepreneurship literatures.

Place, publisher, year, edition, pages
Elsevier, 2021. Vol. 36, no 6, article id 106161
Keywords [en]
Bonding social capital, Bridging social capital, Entrepreneurial spawns, Family firms, Kinship ties, Proximity, Survival
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-54993DOI: 10.1016/j.jbusvent.2021.106161ISI: 000710659200003Scopus ID: 2-s2.0-85117402974Local ID: HOA;intsam;774179OAI: oai:DiVA.org:hj-54993DiVA, id: diva2:1607458
Funder
Carl-Olof och Jenz Hamrins StiftelseAvailable from: 2021-11-01 Created: 2021-11-01 Last updated: 2021-11-15Bibliographically approved

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Nordqvist, Mattias

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