Die Marktorientierung eines Kleinunternehmens und deren Marketingaktivitäten sind zur Entwicklung einer starken Wettbewerbsposition von strategischer Bedeutung. Es bedarf[...]

In this article we compare the governance choices of family and non-family firms regarding their subcontracting tendencies. Based on transaction cost theory, we argue tha[...]

Family firms' decisions to hire nonfamily managers are influenced by agency costs, socioemotional wealth concerns, and the availability of high-quality nonfamily managers[...]

Our article examines the assumption that family firms are an inferior organizational form as compared to non-family firms by analyzing family firms' professionalization i[...]

Drawing on agency theory and corporate governance, we first classify the corporate governance provisions within the context of family firms. Then, we probe the influence [...]

Using insights from the resource-based view, social capital, and network theories, the authors develop a model of how family social capital, as well as an entrepreneur's [...]

Building upon the literature of necessity- and opportunity-driven entrepreneurship, this study explores how the presence of foreign ventures affect domestic entrepreneurs[...]

Drawing on family business studies and the knowledge-based view of economic growth, we develop and test a model of how the prevalence of small- and medium-size enterprise[...]

As family firms begin to professionalize, they face an important crossroads in deciding whether to employ non-family managers. To preserve socioemotional wealth and minim[...]

There has been a prominent stream of research investigating internationalisation of organisations. While the importance of transaction costs in the governance decisions o[...]

Building upon prospect theory's concept of narrow-framing, we explore family firms' risk preferences across multiple decisions in corporate entrepreneurship. We argue tha[...]

We explain why family-centered noneconomic goals and bounded rationality decrease the willingness and ability of small- and medium-sized family firms to hire and provide [...]

Purpose– The purpose of this paper is to use the socio-emotional wealth perspective to examine how the level of family involvement reduces the propensity to use incentive[...]

Research Summary: We argue that willingness (attitude toward risk, return, and socioemotional wealth), ability (extent of control), and resource availability influence th[...]

An important difference between family and nonfamily firms, and among different types of family firms, is in the way they make outsourcing decisions and thereby define th[...]

Entrepreneurship scholars tend to discuss the merits of using innovation over imitation for the creation of new ventures. We take a step forward to focus our attention on[...]