Entrepreneurial behavior in family firms: A replication study
This study examines the entrepreneurial behavior of family firms by replicating a study undertaken in 2006 by Kellermanns and Eddleston [Kellermanns, F. W., & Eddleston, K. A. (2006). Corporate Entrepreneurship in Family Firms: A Family Perspective, Entrepreneurship Theory and Practice, Vol. 30, pp. 809–830.]. Employing an extended replication-approach by applying a different national sample (n=413) from Austria, the relations between four distinct factors – willingness to change, generational involvement, perceived technological opportunities, and strategic planning – and the entrepreneurial behavior of family firms are examined, with the goal to extend the generalization of the original study's findings. Compared to the original study, the replication's results coincide in most parts. However, regarding the relation between strategic planning efforts and entrepreneurial behavior, the replication provides new insights into the entrepreneurial behavior of family firms by stressing the importance of considering organizational size in family-firm research. Accordingly, strategic planning in small family firms seems to comprise a certain ‘entrepreneurial spirit’ that directly influences the extent of their entrepreneurial behavior.
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Volume (Year): 2 (2011)
Issue (Month): 3 ()
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