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Resource orchestration in family firms: Investigating how entrepreneurial orientation, generational involvement, and participative strategy affect performance
Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).ORCID iD: 0000-0002-3742-542X
Mays Business School, Texas A&M University, College Station, Texas, U.S.A..
Marketing and Economics Department, IULM University, Milan, Italy.
Marketing and Economics Department, IULM University, Milan, Italy.
2011 (English)In: Strategic Entrepreneurship Journal, ISSN 1932-4391, Vol. 5, no 4, 307-326 p.Article in journal (Refereed) Published
Abstract [en]

Drawing on the process of resource orchestration, we argue a co-alignment of multiple factors is needed for family firms to increase performance through entrepreneurship. Specifically, we posit that entrepreneurial orientation provides the mobilizing vision to use the heterogeneous yet complementary knowledge and experiences offered by increased generational involvement toward entrepreneurship. However, without a coordinating mechanism, generational involvement leads to conflict and negative outcomes. When, instead, it is also coordinated via a participative strategy, performance gains are achieved. In sum, results suggest that realizing the benefits from entrepreneurship in family firms is a complicated matter affected by the synchronization of entrepreneurial orientation, generational involvement, and participative strategy. Copyright © 2011 Strategic Management Society.

Place, publisher, year, edition, pages
2011. Vol. 5, no 4, 307-326 p.
Keyword [en]
family firm, entrepreneurial orientation, generational involvement, participative strategy, resource orchestration, performance
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-17450DOI: 10.1002/sej.121OAI: oai:DiVA.org:hj-17450DiVA: diva2:484243
Available from: 2013-01-15 Created: 2012-01-26 Last updated: 2014-08-07Bibliographically approved

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CiteExportLink to record
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Citation style
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  • harvard1
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