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Firm resources, opportunity recognition, entrepreneurial orientation and performance: the case of Russian women-led family businesses

Author

Listed:
  • Jill Kickul
  • Jianwen (Jon) Liao
  • Lisa Gundry
  • Tatiana Iakovleva

Abstract

This paper proposes a framework for studying the roles of entrepreneurial orientation, financial and social capital acquisition and opportunity recognition and their influence on performance expectations on a large sample of women-led family and non-family owned businesses in Russia. Based on our findings, it is possible to conclude that the ability of women entrepreneurs to identify opportunities and thereby determine and exploit the richness of resources in their environment that are aligned with their entrepreneurial strategy is crucial to the subsequent performance of their firms. The impact of being a family business, however, was not shown to be a critical factor in the performance of women-led firms. While much work remains, these findings give scholars and policy makers a better understanding of the critical resources, opportunities and strategies that can influence the growth and performance of female led family firms within transitional economies. Study limitations and future research opportunities are discussed.

Suggested Citation

  • Jill Kickul & Jianwen (Jon) Liao & Lisa Gundry & Tatiana Iakovleva, 2010. "Firm resources, opportunity recognition, entrepreneurial orientation and performance: the case of Russian women-led family businesses," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 12(1), pages 52-69.
    • Handle: RePEc:ids:ijeima:v:12:y:2010:i:1:p:52-69
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    Citations

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    Cited by:

    1. Dirk Clercq & Eugene Kaciak & Narongsak (Tek) Thongpapanl, 2022. "When does market hostility curtail competitive performance through diminished entrepreneurial efforts? Buffering effects of women entrepreneurs’ family business support," Small Business Economics, Springer, vol. 59(3), pages 827-844, October.
    2. Nerine Mary George & Vinit Parida & Tom Lahti & Joakim Wincent, 2016. "A systematic literature review of entrepreneurial opportunity recognition: insights on influencing factors," International Entrepreneurship and Management Journal, Springer, vol. 12(2), pages 309-350, June.
    3. Eijaz Ahmed Khan, 2018. "The Voice Of Informal Entrepreneurs: Resources And Capabilities Perspective," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 23(03), pages 1-19, September.
    4. Sundari, Made Siti & Ulfa, Hema Dian, 2018. "Orientasi kewirausahaan dalam bisnis keluarga," OSF Preprints 8sdax, Center for Open Science.
    5. Aasma Memon & Zhang Yong An & Muhammad Qasim Memon, 2020. "Does financial availability sustain financial, innovative, and environmental performance? Relation via opportunity recognition," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(2), pages 562-575, March.
    6. Saeed, Abubakr & Belghitar, Yacine & Yousaf, Amna, 2016. "Firm-level determinants of gender diversity in the boardrooms: Evidence from some emerging markets," International Business Review, Elsevier, vol. 25(5), pages 1076-1088.
    7. Sara Sassetti & Vincenzo Cavaliere & Sara Lombardi, 2022. "The rhythm of effective entrepreneurs’ decision-making process. The pathways of alertness scanning and search and cognitive style. A mediation model," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 555-578, June.

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