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Cited by 51 publications
(4 citation statements)
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“…New ventures will more likely remain viable in their early stages if copreneurs have quality venture-related communication. Through quality venture-related communication early on, copreneurs will be able to assess their potential resource gain and loss in both family and business domains (Danes, Matzek, and Werbel 2010;Foley and Powell 1997;Stewart and Danes 2001). That interpersonal transaction will enable them to respond effectively to expected or unexpected events during the start-up process, and consequently, it will serve a resilience function for their family and business achievements as described by SFBT (Danes et al 2008).…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…New ventures will more likely remain viable in their early stages if copreneurs have quality venture-related communication. Through quality venture-related communication early on, copreneurs will be able to assess their potential resource gain and loss in both family and business domains (Danes, Matzek, and Werbel 2010;Foley and Powell 1997;Stewart and Danes 2001). That interpersonal transaction will enable them to respond effectively to expected or unexpected events during the start-up process, and consequently, it will serve a resilience function for their family and business achievements as described by SFBT (Danes et al 2008).…”
Section: Discussionmentioning
confidence: 99%
“…To plan the future, copreneurs need to share appropriate information concerning the financial and strategic situation of the new venture (Ward 1997). It is particularly crucial for copreneurs in the early stages of new venture creation to grasp the potential resource gain and loss of the new venture in reality (Danes, Matzek, and Werbel 2010;Foley and Powell 1997;Stewart and Danes 2001). Furthermore, quality venture-related communication is critical for new venture performance (Nelton 1986), copreneurial identity formation (Danes and Jang 2013), work-family balance (Gudmunson et al 2009), and mutual sustainability of the new venture, the couple, and family system (Matzek, Gudmunson, and Danes 2010).…”
Section: Theoretical Grounding and Literature Reviewmentioning
confidence: 99%
“…The dyadic interaction between predecessors and successors is important because if managed properly it builds greater trust, better understanding and opportunities for improved knowledge transfer among the actors (Cabrera-Suárez et al, 2001;De Massis, Chua & Chrisman, 2008;Handler, 1990,Harvey & Evans, 1995Sharma et al, 2001, Ward, 1987, and it is linked directly to improved successor post-succession performance (Goldberg, 1996) and positive organizational outcomes (Handler, 1990;Le Breton-Miller et al, 2004;Stavrou & Swiercz, 1998;Venter et al, 2005). However, if the dyadic interaction between the predecessor and successor starts to deteriorate this could lead both to erect barriers hindering effective communication, adopt destructive roles and avoid each other's company; preventing critical resource sharing (Gordon & Nicholson, 2010) all of which can heart the well-being of the organization (Danes, Leichtentritt, Metz, & Huddleston-Casas, 2000;Stewart & Danes, 2001).…”
Section: The Influence Of Post-succession Predecessor Involvementmentioning
confidence: 99%
“…For instance, researchers(Aldrich and Cliff 2003;Amarapurkar and Danes 2005;Hundley 2001;Stewart and Danes 2001) found a positive relationship between marriage and being self-employed.…”
mentioning
confidence: 99%