The impact of a crisis on entrepreneurial orientation of family firms: The role of organisational decline and generational change

This article critically analyses entrepreneurial orientation (EO) in family firms after a major crisis, to investigate how firms with equal initial levels of EO reach different levels over time. Based on two alternative hypotheses (stability and convergence), we analysed whether the EO of family fir...

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Detalles Bibliográficos
Autores: Moreno Menéndez, Ana María, Arzubiaga, Unai, Díaz Moriana, Vanessa, Casillas Bueno, José Carlos
Tipo de recurso: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2022
País:España
Institución:Universidad de Sevilla (US)
Repositorio:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/180210
Acceso en línea:https://hdl.handle.net/11441/180210
https://doi.org/10.1177/02662426211036694
Access Level:acceso abierto
Palabra clave:Entrepreneurial orientation
Family firms
Generational change
Organisational decline
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spelling The impact of a crisis on entrepreneurial orientation of family firms: The role of organisational decline and generational changeMoreno Menéndez, Ana MaríaArzubiaga, UnaiDíaz Moriana, VanessaCasillas Bueno, José CarlosEntrepreneurial orientationFamily firmsGenerational changeOrganisational declineThis article critically analyses entrepreneurial orientation (EO) in family firms after a major crisis, to investigate how firms with equal initial levels of EO reach different levels over time. Based on two alternative hypotheses (stability and convergence), we analysed whether the EO of family firms remains intact, strengthens, or weakens after a crisis. Based on an examination of a database of 151 family firms collected in 2004 and 2017, our findings reveal that compared to firms with higher pre-crisis EO levels, those with lower levels saw a larger increase post crisis. Furthermore, unlike the latter group, the former was able to maintain high pre-crisis levels even after the crisis. In addition, we also we found this relationship between pre-crisis and post-crisis EO levels to be influenced by two key periodic discontinuities, namely, organisational decline and generational change contingencies. These findings advance our understanding of temporal aspects of EO and heterogeneous entrepreneurial behaviour among family firms with significant implications for both theory and practice.SageAdministración de Empresas y Marketing2022info:eu-repo/semantics/articleinfo:eu-repo/semantics/acceptedVersionapplication/pdfapplication/pdfhttps://hdl.handle.net/11441/180210https://doi.org/10.1177/02662426211036694reponame:idUS. Depósito de Investigación de la Universidad de Sevillainstname:Universidad de Sevilla (US)InglésInternational Small Business Journal, 40 (4), 425-452.https://doi.org/10.1177/02662426211036694info:eu-repo/semantics/openAccessoai:idus.us.es:11441/1802102026-06-17T12:51:07Z
dc.title.none.fl_str_mv The impact of a crisis on entrepreneurial orientation of family firms: The role of organisational decline and generational change
title The impact of a crisis on entrepreneurial orientation of family firms: The role of organisational decline and generational change
spellingShingle The impact of a crisis on entrepreneurial orientation of family firms: The role of organisational decline and generational change
Moreno Menéndez, Ana María
Entrepreneurial orientation
Family firms
Generational change
Organisational decline
title_short The impact of a crisis on entrepreneurial orientation of family firms: The role of organisational decline and generational change
title_full The impact of a crisis on entrepreneurial orientation of family firms: The role of organisational decline and generational change
title_fullStr The impact of a crisis on entrepreneurial orientation of family firms: The role of organisational decline and generational change
title_full_unstemmed The impact of a crisis on entrepreneurial orientation of family firms: The role of organisational decline and generational change
title_sort The impact of a crisis on entrepreneurial orientation of family firms: The role of organisational decline and generational change
dc.creator.none.fl_str_mv Moreno Menéndez, Ana María
Arzubiaga, Unai
Díaz Moriana, Vanessa
Casillas Bueno, José Carlos
author Moreno Menéndez, Ana María
author_facet Moreno Menéndez, Ana María
Arzubiaga, Unai
Díaz Moriana, Vanessa
Casillas Bueno, José Carlos
author_role author
author2 Arzubiaga, Unai
Díaz Moriana, Vanessa
Casillas Bueno, José Carlos
author2_role author
author
author
dc.contributor.none.fl_str_mv Administración de Empresas y Marketing
dc.subject.none.fl_str_mv Entrepreneurial orientation
Family firms
Generational change
Organisational decline
topic Entrepreneurial orientation
Family firms
Generational change
Organisational decline
description This article critically analyses entrepreneurial orientation (EO) in family firms after a major crisis, to investigate how firms with equal initial levels of EO reach different levels over time. Based on two alternative hypotheses (stability and convergence), we analysed whether the EO of family firms remains intact, strengthens, or weakens after a crisis. Based on an examination of a database of 151 family firms collected in 2004 and 2017, our findings reveal that compared to firms with higher pre-crisis EO levels, those with lower levels saw a larger increase post crisis. Furthermore, unlike the latter group, the former was able to maintain high pre-crisis levels even after the crisis. In addition, we also we found this relationship between pre-crisis and post-crisis EO levels to be influenced by two key periodic discontinuities, namely, organisational decline and generational change contingencies. These findings advance our understanding of temporal aspects of EO and heterogeneous entrepreneurial behaviour among family firms with significant implications for both theory and practice.
publishDate 2022
dc.date.none.fl_str_mv 2022
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/acceptedVersion
format article
status_str acceptedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/11441/180210
https://doi.org/10.1177/02662426211036694
url https://hdl.handle.net/11441/180210
https://doi.org/10.1177/02662426211036694
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv International Small Business Journal, 40 (4), 425-452.
https://doi.org/10.1177/02662426211036694
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Sage
publisher.none.fl_str_mv Sage
dc.source.none.fl_str_mv reponame:idUS. Depósito de Investigación de la Universidad de Sevilla
instname:Universidad de Sevilla (US)
instname_str Universidad de Sevilla (US)
reponame_str idUS. Depósito de Investigación de la Universidad de Sevilla
collection idUS. Depósito de Investigación de la Universidad de Sevilla
repository.name.fl_str_mv
repository.mail.fl_str_mv
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