Family entrepreneurial orientation as a driver of longevity in family firms: a historic analysis of the ennobled Trenor family and<i>Trenor y Cía</i>

Inchausti, Begoña Giner; Ruı́z, Amparo

doi:10.1080/00076791.2020.1801645

Cited by 14 publications

(19 citation statements)

References 88 publications

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“…The literature agrees that the higher the level of education and work experience of the next generations, the more internal (Chalus-Sauvannet et al, 2016; Sardeshmukh and Corbett, 2011) and external (Au et al, 2013) entrepreneurial activities will be promoted. Some EFs carefully plan the education and work experience of next generations (Giner and Ruiz, 2020; Jaskiewicz et al, 2015). Concerning education, no studies delve into its content in the attempt to highlight a specific connection with internal or external entrepreneurial activities.…”

Section: Resultsmentioning

confidence: 99%

Opening up the black box of family entrepreneurship across generations: A systematic literature review

Capolupo

Ardito

Petruzzelli

et al. 2022

International Small Business Journal: Researching Entrepreneurs

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What makes some families more entrepreneurial than others? How are they able to nurture entrepreneurship across generations? These are fundamental questions for family business and entrepreneurship research. In particular, the multigenerational dimension of entrepreneurial families (EFs) and the new family logics that emerge as the family grows may lead to different types of entrepreneurial activities. To shed light on these questions, we conduct a systematic literature review of 90 peer-reviewed articles focusing on the characteristics and behaviours of EFs, family members and their business activities. Specifically, we first identify and categorise the family-related factors characterising EFs across generations. Second, we link the identified factors to different types of entrepreneurial activities pursued as the generations advance, distinguishing two dimensions: mode of organising (internal vs. external), and degree of relatedness (related vs. unrelated). Finally, we highlight the main gaps in the literature and provide a future research agenda.

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Section: Resultsmentioning

confidence: 99%

Opening up the black box of family entrepreneurship across generations: A systematic literature review

Capolupo

Ardito

Petruzzelli

et al. 2022

International Small Business Journal: Researching Entrepreneurs

View full text Add to dashboard Cite

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“…Owning families are often entrenched in their local communities and set great store by their public image. CSR is a valued tool, particularly by family-owned firms (Faller and zu Knyphausen-Aufseß, 2018 ), that facilitates image enhancement, thereby encouraging client loyalty and embedding the firm’s reputation, consequently leading to increased financial success (Giner & Ruiz, 2020 ; Handler, 1989 ; Lumpkin & Brigham, 2011 ; Yanez-Araque et al, 2021 ).…”

Section: Theoretical Frameworkmentioning

confidence: 99%

“…This crisis necessitated a major social reassessment and overhaul of business practices in financial and corporate institutions (Crane et al, 2013 ). Due to their trans-generational orientation (Giner & Ruiz, 2020 ; Lumpkin & Brigham, 2011 ), family firms have been discussed as a counter-model to opportunistic, shareholder-value-oriented, non-family firm management (Blodgett et al, 2011 ), which could explain increased research activities regarding CSR antecedents in family firms. Although it is still a significantly under-researched area, the debate about CSR’s family firm outcomes has become more popular (Kuttner & Feldbauer-Durstmüller, 2018 ).…”

Section: Current Research Statusmentioning

confidence: 99%

“…Since the relationship between family members and the firm cannot be separated as easily as between non-family executives and the firm, the owning family influences the firm’s operations, culture, and social behavior (Chrisman et al, 2005 ; Daspit et al, 2021 ). Thus, family firm research states that most owning families have a strong interest in ensuring that their firm not only does well financially but is also perceived as valuable by society since the firm’s reputation is closely linked to that society (Giner & Ruiz, 2020 ; Handler, 1989 ; Lumpkin & Brigham, 2011 ; Yanez-Araque et al, 2021 ). Therefore, research argues that family firms conduct corporate social responsibility (CSR)—meaning that they “[…] integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis” (Commission of the European Communities, 2001 , p. 6)—not only to build a competitive advantage by building superior stakeholder relationships (Bendell, 2022 ; Bingham et al, 2011 ; El-Kassar et al, 2018 ) but also to enhance the public image of the owning family which is closely related to the image of the firm (Campopiano & De Massis, 2015 ; Zientara, 2017 ).…”

Section: Introductionmentioning

confidence: 99%

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Corporate Social Responsibility in Family Firms: Status and Future Directions of a Research Field

et al. 2023

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This systematic literature review contributes to the increasing interest regarding corporate social responsibility (CSR) in family firms—a research field that has developed considerably in the last few years. It now provides the opportunity to take a holistic view on the relationship dynamics—i.e., drivers, activities, outcomes, and contextual influences—of family firms with CSR, thus enabling a more coherent organization of current research and a sounder understanding of the phenomenon. To conceptualize the research field, we analyzed 122 peer-reviewed articles published in highly ranked journals identifying the main issues examined. The results clearly show a lack of research regarding CSR outcomes in family firms. Although considered increasingly crucial in family firm research, a study investigating family outcomes (e.g., family community status, family emotional well-being), as opposed to firm outcomes, is missing. This literature review outlines the current state of research and contributes to the actual debate on CSR in family firms by discussing how family firms can use CSR activities as strategic management tools. Moreover, our analysis shows a black box indicating how CSR links different antecedents and outcomes. The black box is significant since firms generally need to know where to allocate their scarce resources to generate the best outcomes. We identify nine research questions based on these findings, which we hope will inspire future research.

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“…We deem this particularly important based on the observation of (Aldrich et al 2021) that the number of studies on entrepreneurship in family firms has steadily increased in recent years, and that new methodological (e.g. Giner & Ruiz, 2022;Riar et al, 2022) and theoretical (e.g. Minola et al, 2021;Zahra, 2022) approaches have entered the field.…”

Section: Introductionmentioning

confidence: 99%

Entrepreneurship in family firms: an updated bibliometric overview

2023

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Research on entrepreneurship in family firms has grown exponentially over the past two decades. Due to the various theoretical perspectives and contexts found here however, this body of research remains fragmented, with a unified understanding of the current state of knowledge and the opportunities for future research in the field continuing to lack. In this study, we address this gap by conducting an updated bibliometric analysis of the research on entrepreneurship in family firms. Here we integrate two different bibliometric methods to provide a more comprehensive picture of the field, unveiling its intellectual foundations and current research discourses and how these two are related. To do this, we first conduct a co-citation analysis clustering the intellectual foundations of the research on entrepreneurship in family firms. Second, a bibliographic coupling of recent publications from 2010 to 2021 provides a transparent structure of current research discourses. Third, analyzing which intellectual foundations are primarily cited in each current research stream unveils the dominant theoretical paradigms in the current state of research. Analyzing 570 published studies, we identified four intellectual foundations of entrepreneurship in family firms: socioemotional wealth (SEW), entrepreneurial orientation, family-embedded resources, and agency theory. The current research can be clustered into seven main discourses: entrepreneurial motivation, gender and success, entrepreneurial orientation, individual and firm-level characteristics, the family embedded network, family firm internationalization, and family heterogeneity. An integrative network diagram provides an overview of the research field’s development while also identifying the gaps to be addressed by future research.

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Family entrepreneurial orientation as a driver of longevity in family firms: a historic analysis of the ennobled Trenor family andTrenor y Cía

Cited by 14 publications

References 88 publications

Opening up the black box of family entrepreneurship across generations: A systematic literature review

Opening up the black box of family entrepreneurship across generations: A systematic literature review

Corporate Social Responsibility in Family Firms: Status and Future Directions of a Research Field

Entrepreneurship in family firms: an updated bibliometric overview

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