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From Longevity of Firms to transgenerational Entrepreneurship of Families : Introducing Family Entrepreneurial Orientation

Thomas Zellweger, Robert S. Nason & M. Nordqvist

abstract While 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, we argue that by shifting from firm to family level of analysis, we gain a deeper understanding of family firms' ability to create value across generations. We find evidence for our argument in that such a level shift reveals extended entrepreneurial activity which is missed when focusing exclusively on the firm level. We introduce and empirically explore the construct of family entrepreneurial orientation (FEO) which may serve as an antecedent to transgenerational value creation by families.
   
type journal paper
   
keywords Family Business, succession, longevity, transgenerational entrepreneurship
   
project Strategic Entrepreneurship in Family Firms
language English
kind of paper journal article
date of appearance 6-2012
journal Family Business Review
publisher Sage (Thousand Oaks, Californien)
ISSN 0894-4865
ISSN (online) 1741-6248
DOI 10.1177/0894486511423531
volume of journal 25
number of issue 2
page(s) 136-155
review double-blind review
   
citation Zellweger, T., Nason, R. S., & Nordqvist, M. (2012). From Longevity of Firms to transgenerational Entrepreneurship of Families: Introducing Family Entrepreneurial Orientation. Family Business Review, 25(2), 136-155, DOI:10.1177/0894486511423531.