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Entrepreneurial orientation in family and non-family firms: evidence from Bulgaria

Author

Listed:
  • Desislava Ivanova Yordanova

    (Assistant professor, Department of Business Administration, Sofia University “St. Kliment Ohridski”, post address: 1113 Sofia (Bulgaria), 125 Tarigradsko Shosse Blvd.)

Abstract

Despite the importance and potential role of entrepreneurship for economies in Central and Eastern Europe, little attention has been devoted to identifying which factors contribute to the entrepreneurship in the region. The purpose of the present study is twofold. First, there is a comparison of entrepreneurial orientation in Bulgarian family and non-family firms. Second, there is an examination of which individual, organizational and environmental factors underlie differences in entrepreneurial orientation between family and non-family firms. The findings reveal that several organizational and environmental factors are conductive for pursuing entrepreneurship within family and non-family firms. Lower environmental dynamism, smaller firm size and the lack of foreign ownership account partially for lower entrepreneurial orientation in family firms. The paper provides a discussion of implications for practitioners and suggestions for future research.

Suggested Citation

  • Desislava Ivanova Yordanova, 2011. "Entrepreneurial orientation in family and non-family firms: evidence from Bulgaria," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 4(1), pages 185-203, March.
    • Handle: RePEc:tei:journl:v:4:y:2011:i:1:p:185-203
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    Citations

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    Cited by:

    1. Franc Vidic, 2013. "Entrepreneurial Orientation (EO) and Knowledge Creation (KC)," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 6(2), pages 103-124, September.
    2. Backman, Mikaela & Palmberg, Johanna, 2015. "Contextualizing small family firms: How does the urban–rural context affect firm employment growth?," Journal of Family Business Strategy, Elsevier, vol. 6(4), pages 247-258.
    3. Hien Thu Tran & Enrico Santarelli, 2014. "Capital constraints and the performance of entrepreneurial firms in Vietnam," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 23(3), pages 827-864.
    4. Mateusz Codogni & Joanna Duda & Rafal Kusy, 2017. "Entrepreneurial orientation in high-tech and low-tech SMEs in Malopolska region," Managerial Economics, AGH University of Science and Technology, Faculty of Management, vol. 18(1), pages 7-22.

    More about this item

    Keywords

    entrepreneurial orientation; determinants; family firms; non-family firms; Bulgaria;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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