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Entrepreneurial Orientation in long-lived Family Firms

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abstract We apply a key construct from the entrepreneurship field, entrepreneurial orientation (EO), in the context of long-lived family firms. Our qualitative in-depth case studies show that a permanently high level of the five EO dimensions is not a necessary condition for long-term success, as traditional entrepreneurship and EO literature implicitly suggest. Rather, we claim that the level of EO is dynamically adapted over time and that the original EO scales (autonomy, innovativeness, risk taking, proactiveness, and competitive aggressiveness) do not sufficiently capture the full extent of entrepreneurial behaviors in long-lived family firms. Based on these considerations we suggest extending the existing EO scales to provide a more fine-grained depiction of firm-level corporate entrepreneurship in long-lived family firms
   
type journal paper
   
keywords Entrepreneurial Orientation, Family Firm, Transgenerational Entrepreneurship, STEP
   
project Strategic Entrepreneurship in Family Firms
language English
kind of paper journal article
date of appearance 1-2011
journal Small Business Economics
publisher Springer Science (Dordrecht NL)
ISSN 0921-898X
ISSN (online) 1573-0913
DOI 10.1007/s11187-010-9267-6
volume of journal 38
number of issue 1
page(s) 67-84
review double-blind review
   
citation Zellweger, T., & Sieger, P. (2011). Entrepreneurial Orientation in long-lived Family Firms. Small Business Economics, 38(1), 67-84, DOI:10.1007/s11187-010-9267-6.