Staying in or stepping out? Growth strategies of second-generation immigrant entrepreneurs

Pruthi, Sarika; Tasavori, Misagh

doi:10.1016/j.ibusrev.2022.101997

Cited by 6 publications

(3 citation statements)

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“…For example, once non-first-born son succeeds, as he has greater psychological distance and prefers uniqueness, their decisions usually focus on corporate interests rather than family interests (Calabrò et al, 2018), resulting in the appointment of nonfamily members as executives and better corporate performance (Schenkel et al, 2016). Moreover, Pruthi and Tasavori (2022) further analyzed how strategy differentiates immigrant successors, namely, how firm growth strategy is influenced by successors' ethnic ties and family ties.…”

Section: Phase : Successor Nurturementioning

confidence: 99%

“…Articles from successor perspective Stavrou and Swiercz, 1998 Wielsma and Brunninge, 2019 Xian et al, 2021 Zhu and Zhou, 2022Ahrens et al, 2019Bika et al, 2019Byrne et al, 2021Cabrera-Suárez, 2005Calabrò et al, 2018Cater and Justis, 2009Chen et al, 2021Dalpiaz et al, 2014 Frederik and Riar, 2022Garcia et al, 2019Goldberg and Wooldridge, 1993Haberman and Danes, 2007Hytti et al, 2017Kandade et al, 2021Lauto et al, 2020Le Breton-Miller and Miller, 2014Leotta et al, 2017 Mair and Rombach, 2020Miller, 2014Mitchell et al, 2009Mussolino and Calabrò, 2014Mussolino et al, 2019Pruthi and Tasavori, 2022Sardeshmukh and Corbett, 2011Schenkel et al, 2016Torres et al, 2023Vera and Dean, 2005Wang and Zhang, 2022 Yoo et al, 2014Barnes, 1988Lauto et al, 2020Querbach et al, 2020Radu-Lefebvre and Randerson, 2020 Articles from interactive perspective Byrne et al, 2019Overbeke et al, 2015Handler, 1990 Matthews et al, 1999 McAdam et al, 2021…”

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confidence: 99%

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Identities of the incumbent and the successor in the family business succession: Review and prospects

Wang

Cao

2023

Front. Psychol.

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IntroductionThe cognition and motivation of family business incumbents and the successors will directly influence succession behavior, yet they face identity challenges during succession due to the intersection of family and firm context, and their ability to overcome identity challenges will determine the success of the succession. However, as studies on their identity are fragmented and lack systematicity, there is a need to assess the relevant literature.MethodsDrawing from social identity theory (SIT) and role identity theory (RIT), this article adopts a systematic literature review approach to analyze 99 SSCI-indexed articles to explore family business succession from an identity perspective.ResultsThe article finds that the focus on the self-concept of the incumbent and the successor shifts from group identification to role identity perception and multi-roles, and succession behaviors are based on identity perception.DiscussionThis article summarizes a knowledge framework of the antecedents, connotations, and behavioral consequences of identity perception, revealing that family business succession from an identity perspective exhibits psychological and multidisciplinary characteristics, highlighting iterative and mutual features. Based on identity theories and succession research, this article proposes future directions from the research topics, research methods, and theoretical perspectives within the existing knowledge framework, such as cross-cultural and diachronic analysis, as well as from the theoretical perspectives of family, personality development, and pedagogy.

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Section: Phase : Successor Nurturementioning

confidence: 99%

mentioning

confidence: 99%

Identities of the incumbent and the successor in the family business succession: Review and prospects

Wang

Cao

2023

Front. Psychol.

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“…Various researchers (Porter, 1990; Stalk and Foley, 2012; Hernández-Linares et al , 2020; Baltazar et al , 2023) have found that entrepreneurial orientation (EO) and adequate succession planning (SP) are key drivers for family business (FB) performance. Concurrently, practice indicates a variety of additional factors, including geographic location, may cause significant variations in the EO, SP and performance relationship (Zahra and Das, 1993; Handler, 1994; Craig and Moores, 2006; Pruthi and Tasavori, 2022), although no conclusive moderation results have been reported to date across countries (Sharma et al , 2003; Boyd et al , 2015).…”

Section: Introductionmentioning

confidence: 99%

The growth potential of Palestinian family businesses: immigrant versus home-country entrepreneurship

Sultan,

Hudson

et al. 2024

RIBS

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Purpose This project aims to examine how entrepreneurial orientation and succession planning among Palestinian family businesses positively affects their associated growth potential, considering the mediating role of innovation and the moderation effect of geographic location. Leveraging ethnic entrepreneurship theory, the authors compare these types of enterprises in the USA with their counterparts in Palestine. Design/methodology/approach This cross-sectional quantitative research analyzes data collected from October through December 2022. 180 Palestinian family-owned firms completed a survey; 90 companies were located in Palestine, while the other 90 were in the USA. Structural equation modeling analysis was conducted using Smart-PLS4. The interrelations of the conceptual framework were examined via path analysis and bootstrapping techniques. Findings The authors found a statistically significant positive effect of entrepreneurial orientation on Palestinian family business growth; the authors’ results concurrently indicated succession planning did not affect growth within the authors’ selected population. The authors also discovered innovation mediates the relationship between orientation and growth, and business location appears to moderate this relationship. The authors’ research indicates geography appears to favor Palestinian family-owned companies in the USA, where the authors found opportunity-driven immigrant entrepreneurs benefit from the structured business systems in a highly-developed country. Originality/value Given the current situation in Palestine, it is essential to understand the potential contribution that Palestinian family-owned businesses globally can make to reconstruct the country’s local economy. The next few years will be critical in figuring out how innovative thinking can boost the region’s recovery and increase Palestinian-based family companies’ ability to engage in sustainable entrepreneurship with reinvestment support from its diaspora. Therefore, it is important to have research that identifies factors that could improve these businesses’ continued performance and growth potential. This study also aids in further understanding the defining characteristics of Palestinian-owned family firms, enhancing general theories related to entrepreneurship among ethnic and diasporic groups.

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Migrant Entrepreneurship, Prejudice and Survival: Lessons of Extraordinary Grit and Resourcefulness

Olarewaju,

Muhumuza

2024

Palgrave Studies in Entrepreneurship and Society

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Staying in or stepping out? Growth strategies of second-generation immigrant entrepreneurs

Cited by 6 publications

References 105 publications

Identities of the incumbent and the successor in the family business succession: Review and prospects

Identities of the incumbent and the successor in the family business succession: Review and prospects

The growth potential of Palestinian family businesses: immigrant versus home-country entrepreneurship

Migrant Entrepreneurship, Prejudice and Survival: Lessons of Extraordinary Grit and Resourcefulness

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