The DOI matches its Crossref record; 35 of the 35 references it cites were found in a registry or an index.
Entrepreneurial Risk Taking in Family Firms
Open accessAbstract
Family firms are widely recognized as a major source of technological innovation and economic progress. Yet, over time, some family firms become conservative and unwilling to take the risks associated with entrepreneurial activities. Adopting a broad definition of entrepreneurial risk taking, this study uses agency theory to highlight key correlates of risk taking among 209 U.S. manufacturing family firms. The results show that family ownership and involvement promote entrepreneurship, whereas the long tenures of CEO founders have the opposite effect. These results urge managers to capitalize on the skills and talents of their family members in promoting entrepreneurship and selective venturing into new market arenas.
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Cites
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Defining the Family Business by Behavior
Chua, J. H., Chrisman, J. J., & Sharma, P. (1999) · Entrepreneurship Theory and Practice · doi:10.1177/104225879902300402 · Cited by 2,933
The pervasive effects of family on entrepreneurship: toward a family embeddedness perspective
Aldrich, H. E., & Cliff, J. E. (2003) · Journal of Business Venturing · doi:10.1016/s0883-9026(03)00011-9 · Cited by 2,794
Agency Relationships in Family Firms: Theory and Evidence
Schulze, W. S., Lubatkin, M. H., Dino, R. N., & Buchholtz, A. K. (2001) · Organization Science · doi:10.1287/orsc.12.2.99.10114 · Cited by 2,332
The innovator's solution: creating and sustaining successful growth
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Generation to generation: life cycles of the family business
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Strategic Leadership: Top Executives and Their Effects on Organizations
Donaldson, L. (1997) · Australian Journal of Management · doi:10.1177/031289629702200205 · Cited by 1,770
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Cited by
Dimensionalizing Cultures: The Hofstede Model in Context
Hofstede, G. (2011) · Online Readings in Psychology and Culture · doi:10.9707/2307-0919.1014 · Cited by 7,250
Berrone, P., Cruz, C., & Gomez-Mejia, L. R. (2012) · Family Business Review · doi:10.1177/0894486511435355 · Cited by 2,724
Zellweger, T. M., Nason, R. S., & Nordqvist, M. (2012) · Family Business Review · doi:10.1177/0894486511423531 · Cited by 561
Entrepreneurial orientation in family firms: a generational perspective
Cruz, C., & Nordqvist, M. (2012) · Small Business Economics · doi:10.1007/s11187-010-9265-8 · Cited by 537
De Massis, A., Kotlar, J., Chua, J. H., & Chrisman, J. J. (2014) · Journal of Small Business Management · doi:10.1111/jsbm.12102 · Cited by 440
Metadata
- Authors
- Zahra, S. A.
- Venue
- Family Business Review
- Publisher
- SAGE Publications
- Published
- 2005-03
- Volume
- 18
- Issue
- 1
- Pages
- 23-40
- ISSN
- 0894-4865 (ISSN-L)
- 1741-6248
- OpenAlex
- W2165314419
- Cited by
- 1,115
- References
- 35
- FWCI
- 16.52
- Type
- journal article
- Language
- en
- Open access
- green
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.