Back To The Roots: Inherited Ownership Effects and Spawns’ Performance
2014 (English)In: Strategies in a World of Networks, 2014Conference paper (Refereed)
This paper analyzes inherited ownership effects, defined as socialization benefits that employees acquire while working in privately-held firms that may be transferred to a spawn. We test for inherited ownership effects in the population of Swedish entrepreneurial spawns competing in medium-high and high technology manufacturing industries. Preliminary results show that spawns of family-owned businesses survive at a higher rate than spawns of non-family-owned businesses. Moreover, spawns that share family ties with the parent company survive at a higher rate than spawns started by non-family members. This findings suggest the existence of inherited ownership effects that influence the performance of new firms.
Place, publisher, year, edition, pages
IdentifiersURN: urn:nbn:se:hj:diva-29248OAI: oai:DiVA.org:hj-29248DiVA: diva2:898562
SMS 34th Annual International Conference, Strategic Management Society, Madrid, September 20-23, 2014.