IDEAS home Printed from https://ideas.repec.org/a/pal/jintbs/v40y2009i5p802-817.html
   My bibliography  Save this article

Filling the institutional void: The social behavior and performance of family vs non-family technology firms in emerging markets

Author

Listed:
  • Danny Miller

    (HEC Montreal, and University of Alberta, Alberta, Canada)

  • Jangwoo Lee

    (Department of Management, Kyungpook National University, Daegu, Korea)

  • Sooduck Chang

    (Department of Business Administration, Hannam University, Daejon, Korea)

  • Isabelle Le Breton-Miller

    (HEC Montreal, and University of Alberta, Alberta, Canada)

Abstract

Family businesses (FBs) are said to treat their employees with unusual consideration to form a cohesive internal “community”. They are also claimed to develop deeper, more extensive “connections” or relationships with outside stakeholders. Both behaviors may increase the viability of a business intended to support an owning family and its later generations. Such social linkages, we believe, may compensate for the lack of capital, product and labor institutional infrastructures in dynamic emerging economies. This survey study of a most challenging emerging-market sector, namely Korean high-technology businesses, argues three major points. (1) Relationships of community and connection will be more common in FBs than in non-FBs. (2) These relationships will enhance performance in emerging-market high-technology sectors, which, because of their competitive, complex, and ever-changing nature, rely on significant expert knowledge and social capital within and outside the organizational community. (3) The performance of FBs will benefit more from these community and connection relationships than the performance of non-FBs, because in these personally intimate settings employees and external partners will be especially likely to return the generosity of a visibly active owning family, or to penalize its selfishness. Significant empirical support was found for most of these hypotheses. Journal of International Business Studies (2009) 40, 802–817. doi:10.1057/jibs.2009.11

Suggested Citation

  • Danny Miller & Jangwoo Lee & Sooduck Chang & Isabelle Le Breton-Miller, 2009. "Filling the institutional void: The social behavior and performance of family vs non-family technology firms in emerging markets," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 40(5), pages 802-817, June.
  • Handle: RePEc:pal:jintbs:v:40:y:2009:i:5:p:802-817
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/jibs/journal/v40/n5/pdf/jibs200911a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: http://www.palgrave-journals.com/jibs/journal/v40/n5/full/jibs200911a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:jintbs:v:40:y:2009:i:5:p:802-817. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: http://www.palgrave-journals.com/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.