Firm Growth in Family Businesses-The Role of Entrepreneurial Orientation and the Entrepreneurial Activity
2015; Wiley; Volume: 54; Issue: 2 Linguagem: Inglês
10.1111/jsbm.12166
ISSN0047-2778
AutoresPekka Stenholm, Tommi Pukkinen, Jarna Heinonen,
Tópico(s)Corporate Finance and Governance
ResumoJournal of Small Business ManagementVolume 54, Issue 2 p. 697-713 Original Article Firm Growth in Family Businesses—The Role of Entrepreneurial Orientation and the Entrepreneurial Activity† Pekka Stenholm, Corresponding Author Pekka StenholmPekka Stenholm is a senior researcher at the Turku School of Economics, University of Turku.Address correspondence to: Pekka Stenholm, Turku School of Economics, University of Turku, FI-20014, University of Turku, Finland. E-mail: [email protected].Search for more papers by this authorTommi Pukkinen, Tommi PukkinenTommi Pukkinen is a doctoral candidate at the Turku School of Economics, University of Turku.Search for more papers by this authorJarna Heinonen, Jarna HeinonenJarna Heinonen is a professor of entrepreneurship at the Turku School of Economics, University of Turku.Search for more papers by this author Pekka Stenholm, Corresponding Author Pekka StenholmPekka Stenholm is a senior researcher at the Turku School of Economics, University of Turku.Address correspondence to: Pekka Stenholm, Turku School of Economics, University of Turku, FI-20014, University of Turku, Finland. E-mail: [email protected].Search for more papers by this authorTommi Pukkinen, Tommi PukkinenTommi Pukkinen is a doctoral candidate at the Turku School of Economics, University of Turku.Search for more papers by this authorJarna Heinonen, Jarna HeinonenJarna Heinonen is a professor of entrepreneurship at the Turku School of Economics, University of Turku.Search for more papers by this author First published: 09 March 2015 https://doi.org/10.1111/jsbm.12166Citations: 57 ¶The authors acknowledge the anonymous reviewers and the editor for value comments, and appreciate the work of researcher Mikko Pohjola in helping in generating a measure of the environmental dynamism. Further, the authors gratefully acknowledge the financial support of the Academy of Finland (grant numbers 138148 and 130222). Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Abstract Previous studies show that growth is an important goal for businesses, but little is known of how the entrepreneurial orientation–performance relationship works in family businesses and how this differs from their nonfamily peers. We examine that and how entrepreneurial activity mediates the relationship in family and nonfamily businesses. Our results on 532 firms show that family businesses benefit from innovative orientation, which is both directly and indirectly associated with firm growth via entrepreneurial activity. This association does not exist in nonfamily businesses. Furthermore, risk taking does not influence family business growth even if it does in nonfamily businesses. Citing Literature Volume54, Issue2April 2016Pages 697-713 RelatedInformation
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