Entrepreneurial Orientation and Knowledge Management for Succession

2022 ◽  
pp. 819-841
Author(s):  
José Manuel Saiz-Alvarez ◽  
Verónica Ilián Baños-Monroy ◽  
Edgar Rogelio Ramírez-Solís
Keyword(s):  
Knowledge Management ◽  
Value Creation ◽  
Entrepreneurial Orientation ◽  
Crucial Role ◽  
Family Firms ◽  
Entrepreneurial Performance ◽  
Family Smes ◽  
Succession Process ◽  
Mexican Family

Research on entrepreneurial orientation and its relation with family SMEs has been primarily focused on value creation, and not how this value can be generated on the succession process. At this respect, paternalism plays a crucial role in reinforcing family inertia, as Mexican firms are traditional and generally closed to changes. In this chapter, four Mexican family SMEs are analyzed to study how the entrepreneurial orientation of Mexican family firms has effects on both the entrepreneurial performance and the succession process.

Entrepreneurial Orientation and Knowledge Management for Succession

2018 ◽  
pp. 47-69
Author(s):  
José Manuel Saiz-Alvarez ◽  
Verónica Ilián Baños-Monroy ◽  
Edgar Rogelio Ramírez-Solís
Keyword(s):  
Knowledge Management ◽  
Value Creation ◽  
Entrepreneurial Orientation ◽  
Crucial Role ◽  
Family Firms ◽  
Entrepreneurial Performance ◽  
Family Smes ◽  
Succession Process ◽  
Mexican Family

Research on entrepreneurial orientation and its relation with family SMEs has been primarily focused on value creation, and not how this value can be generated on the succession process. At this respect, paternalism plays a crucial role in reinforcing family inertia, as Mexican firms are traditional and generally closed to changes. In this chapter, four Mexican family SMEs are analyzed to study how the entrepreneurial orientation of Mexican family firms has effects on both the entrepreneurial performance and the succession process.

From Longevity of Firms to Transgenerational Entrepreneurship of Families

2011 ◽  
Vol 25 (2) ◽  
pp. 136-155 ◽  
Author(s):  
Thomas Markus Zellweger ◽  
Robert S. Nason ◽  
Mattias Nordqvist
Keyword(s):  
Value Creation ◽  
Entrepreneurial Orientation ◽  
Family Firms ◽  
Entrepreneurial Activity ◽  
Level Shift ◽  
Firm Level ◽  
Entrepreneurship Research ◽  
Research Framework ◽  
Family Level ◽  
Level Of Analysis

Whereas existing research on the longevity of family firms has focused on the survival of firms, this article investigates transgenerational entrepreneurship of families. By building on the transgenerational entrepreneurship research framework, the authors argue that by shifting from firm to family level of analysis, one gains a deeper understanding of family firms’ ability to create value across generations. The authors find evidence for their argument in that such a level shift reveals extended entrepreneurial activity, which is missed when focusing exclusively on the firm level. The study introduces and empirically explores the construct of family entrepreneurial orientation, which may serve as an antecedent to transgenerational value creation by families.

The impact of a crisis on entrepreneurial orientation of family firms: The role of organisational decline and generational change

2021 ◽  
pp. 026624262110366
Author(s):  
Ana M Moreno-Menéndez ◽  
Unai Arzubiaga ◽  
Vanessa Díaz-Moriana ◽  
José C Casillas
Keyword(s):  
Entrepreneurial Orientation ◽  
Family Firms ◽  
Theory And Practice ◽  
Stability And Convergence ◽  
Generational Change ◽  
Entrepreneurial Behaviour ◽  
Temporal Aspects ◽  
Alternative Hypotheses ◽  
The Impact

This article critically analyses entrepreneurial orientation (EO) in family firms after a major crisis, to investigate how firms with equal initial levels of EO reach different levels over time. Based on two alternative hypotheses (stability and convergence), we analysed whether the EO of family firms remains intact, strengthens, or weakens after a crisis. Based on an examination of a database of 151 family firms collected in 2004 and 2017, our findings reveal that compared to firms with higher pre-crisis EO levels, those with lower levels saw a larger increase post crisis. Furthermore, unlike the latter group, the former was able to maintain high pre-crisis levels even after the crisis. In addition, we also we found this relationship between pre-crisis and post-crisis EO levels to be influenced by two key periodic discontinuities, namely, organisational decline and generational change contingencies. These findings advance our understanding of temporal aspects of EO and heterogeneous entrepreneurial behaviour among family firms with significant implications for both theory and practice.

Entrepreneurial orientation, knowledge management, dynamic capabilities towards e-commerce adoption of SMEs in Indonesia

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Muhammad Dharma Tuah Putra Nasution ◽  
Ahmad Rafiki ◽  
Adelina Lubis ◽  
Yossie Rossanty
Keyword(s):  
Knowledge Management ◽  
Risk Taking ◽  
Significant Relationship ◽  
Entrepreneurial Orientation ◽  
Structural Equation ◽  
Dynamic Capabilities ◽  
Quantitative Methodology ◽  
Cross Sectional Survey ◽  
Content Type ◽  
The Relationship

Purpose The purpose of this study is to examine the dimensions of entrepreneurial orientation (EO), knowledge management process (KMP) and dynamic capability (DC) toward the adoption of electronic commerce (e-commerce) of small and medium enterprises (SMEs) in North Sumatera. Design/methodology/approach This study used a quantitative methodology using Smart PLS of structural equation model. A survey is done by distributing the questionnaires to the respondents (owner-managers) of SMEs across sectors. Using a convenient sampling technique, 131 respondents were selected. Using a cross-sectional survey design, 11 hypotheses were tested. Findings It is found that both innovativeness and proactiveness of EO have a significant relationship with e-commerce adoption (EA), while the risk-taking of EO is found as insignificant. Both risk-taking and proactiveness of EO are significantly related to KMP, but innovation of EO is found to be insignificant. Moreover, KMP significantly mediates the relationship between risk-taking and proactiveness of EO and EA, while KMP insignificantly mediates the relationship between innovativeness of EO and EA. Finally, it is found that DC has a significant relationship in EA. Originality/value By using the resource based-theory, the study on the decision of EA by SMEs is conducted which focuses on a number of internal and external factors influencing the adoption decision. This differs from other studies using theories of the technological, organizational and environmental, theory of acceptance and use of technology, theory of planned behavior, theory of reasoned action and others which emphasized on the implementation and usage of EA.

Family Firms, Enterprise Development and Tacit Knowledge Transformation: Small and Medium Enterprises (SMEs) Innovation in Malaysia

2021 ◽  
pp. 097215092110476
Author(s):  
John Lee Kean Yew
Keyword(s):  
Tacit Knowledge ◽  
Small Businesses ◽  
Global Economy ◽  
Family Firms ◽  
Small And Medium Enterprises ◽  
Enterprise Development ◽  
Generational Change ◽  
Knowledge Transformation ◽  
Family Smes ◽  
Medium Enterprises

In light of the global economy, it is undeniable that small businesses such as family-owned small and medium enterprises (SMEs) affect economic performance globally. They offer a key basis of flexibility and innovation but also face some challenges along the way. Since family SMEs form a large portion in the Malaysian corporate sector, the economy of this country is highly dependent on family firms’ entrepreneurial capacity. During the past decade, although family SMEs innovation is analytically and empirically reviewed in terms of theory building, it still lacks a systematic adoption of thorough and theoretically-based frameworks to gain understanding on the evolution of knowledge transformation surrounding this topic. This study primarily focuses on the development of tacit knowledge through innovation during generational change with specific attention given to three family firms ranging from old, new and declining wealth enterprises. Besides, this article appraises the evolution of SMEs innovation when new generations attempt to transform the tacit knowledge in advancing the products innovation and quality branding in Malaysia.

New York, Capital of World Literature? On Holocaust Memory and World Literary Value

2017 ◽  
Vol 135 (1) ◽  
pp. 67-85 ◽  
Author(s):  
Pieter Vermeulen
Keyword(s):  
New York ◽  
Value Creation ◽  
Crucial Role ◽  
World Literature ◽  
Pierre Bourdieu ◽  
Literary Value ◽  
Holocaust Memory ◽  
Value Production ◽  
Roberto Bolano

AbstractThe question of how world literary value is produced has been central to recent debates. While Pascale Casanova’s influential account of a relatively autonomous ‘world literary space’ follows the work of Pierre Bourdieu in applying economic metaphors to processes of world literary value production, this essay argues that Casanova’s 1999 account needs to be updated in light of recent economic and cultural developments: the economic and the literary sphere are no longer separate but fundamentally entwined, which means that processes of world literary value creation cannot be modeled as a pseudo-market. The essay traces ongoing debates on the transcultural circulation of Holocaust memory to put forward a more flexible and multifaceted model for the production of world literary value. To demonstrate the claim that world literary value is today articulated with other forms of value, the essay investigates the role of Holocaust memory in the recent world literary consecration of Roberto Bolaño, Karl-Ove Knausgaard, and Elena Ferrante. Concentrated around New York-based publishers and media, these three cases not only demonstrate the crucial role of Holocaust memory in articulating literary value, they also show the recent shift from Paris to New York as a primary center of world literary value production.

INNOVATION AND STRATEGIC TYPES OF FAMILY SMEs: A TEST AND EXTENSION OF MILES AND SNOW'S CONFIGURATIONAL MODEL

2009 ◽  
Vol 17 (03) ◽  
pp. 257-295 ◽  
Author(s):  
DANIEL PITTINO ◽  
FRANCESCA VISINTIN
Keyword(s):  
Family Business ◽  
Representative Sample ◽  
Family Firms ◽  
Contextual Variables ◽  
Italian Region ◽  
Configurational Approach ◽  
Family Smes ◽  
Innovation Strategies ◽  
Friuli Venezia Giulia ◽  
Configurational Model

In this paper is we attempt to construct and validate a typology of innovation strategies among family SMEs applying the Miles and Snow's configurational model. We also try to extend the scope of the model testing the fit between entrepreneurial, managerial and governance characteristics and innovative posture of the firm. Research has been carried out on a representative sample of small and medium family firms of the Italian region Friuli Venezia Giulia. Results indicate that significant differences in the mentioned contextual variables exist among different strategic typologies of family firms, however some questions remain unanswered and more effort is needed to develop the configurational approach in the field of family business.

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