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Unlocking innovation potential: A typology of family business innovation postures and the critical role of the family system
(2018)How can family firms unlock their innovation potential? Despite the recent growth in research on family business innovation, existing literature has yielded controversial findings. Family firms are recognized as more ... -
Family firms in the global economy: Toward a deeper understanding of internationalization determinants, processes and outcomes
(2018)Research Summary: Research on the internationalization of family firms has flourished in recent years, yet the mechanisms through which family involvement shapes the determinants, processes, and outcomes of internationalization ... -
The pursuit of international opportunities in family firms: Generational differences and the role of knowledge-based resources
(2018)Research Summary: We argue that willingness (attitude toward risk, return, and socioemotional wealth), ability (extent of control), and resource availability influence the internationalization of family firms. We hypothesize ... -
Managing strategic change in family business: The case of Glopac Chemical
(Sage, 2018)This case is divided into two parts: Part 1 and Part 2, each highlighting strategic decisions the leaders of Glopac Chemical, the Makmur family, needed to make. Glopac Chemical and the Makmur family are pseudonyms and the ... -
Blending in while standing out: Selective conformity and new product introductions in family firms
(2018)Research on the conformity-distinctiveness tradeoff in family firms is divided. Examining the product innovations of Spanish manufacturing firms between 1998 and 2012, we hypothesize that family and nonfamily firms conform ... -
Reflections on family firm goals and the assessment of performance
(2018)Assessments of family firm effectiveness depend critically on how goals and performance outputs are measured. Similarly, assessments of family firm efficiency depend critically on how performance outputs and resource inputs ... -
Tracing the roots of innovativeness in family SMEs: The effect of family functionality and socioemotional wealth
(2018)By integrating literature on family functionality, family firms, and socioemotional wealth (SEW), we develop a theoretical model explaining how family functionality and SEW dimensions influence firm innovativeness. Our ... -
Sector-based entrepreneurial capabilities and the promise of sector studies in entrepreneurship
(2018)The influence of the industrial sector is a long-standing assumption in entrepreneurship studies, yet the mechanisms through which the industrial sector shapes entrepreneurial phenomena and the processes through which ... -
Counterpoint: How heterogeneity among family firms influences organizational change
(2018)Kotlar and Chrisman (2018) examine how family involvement influences organizational change resulting in change behaviour distinctive from that of non-family firms. Family firms, however, are heterogeneous in terms of their ... -
Environmental jolts, family-centered non-economic goals and innovation: Toward a framework of family firm resilience
(Palgrave Macmillan, 2018)Building on extant research on family firm resilience, we propose a framework to discuss the impact of family-centered non-economic goals on a firm’s ability to absorb and react to environmental jolts. This chapter aims ...