Nobody downloaded yet

Internationalisation of Family Firm: The Effects of Entrepreneurial Orientation and Generation Involvement - Research Paper Example

Comments (0) Cite this document
Summary
Internationalisation of Family Firm: The Effects of Entrepreneurial Orientation and Generation Involvement Name of the of the University Table of Contents Abstract 3 1. Introduction 4 2. Literature Review 5 3. Discussion and Conclusion 22 References 26 Abstract Effective entrepreneurship helps a firm in exploiting its present competitive advantage along with exploring various future competencies and opportunities…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.9% of users find it useful
Internationalisation of Family Firm: The Effects of Entrepreneurial Orientation and Generation Involvement
Read TextPreview

Extract of sample "Internationalisation of Family Firm: The Effects of Entrepreneurial Orientation and Generation Involvement"

Download file to see previous pages Corporate entrepreneurship is an important factor in establishing the success of family firms. Family firms are those firms in which one or more members of one or more families have significant interest in ownership. The present study aims towards creating a relationship between entrepreneurial orientation with generational involvement and internationalization. The study suggests that entrepreneurial orientation within the organization increases its performance. Entrepreneurial orientation has a significant role in increasing the acquisitive and experimental learning in an organization which in turn increases its performances but the case is different for family firms. The long term success of the family firm will be not always dependent upon the five dimensions of entrepreneurial orientation. It has been found that there lies a positive relation between the entrepreneurial orientation and the survival of the family firms. When a relationship between entrepreneurial orientation and generational involvement is established it is seen that the entrepreneurial orientation has a positive impact on the growth of second generation family business. On the other hand firms having high family ownership are expected to internationalize more as compared to the firms having low family ownership. Finally the firm’s entrepreneurial orientation is seen to have a positive relation with the internationalization. 1. Introduction A family business is identified as the commercial activity that involves the influence or control of one or more families. With the advent of industrialization, the increase in professionalization and progress in economy has made the commercial activities take place outside the private sphere of family or home. With the growth of family businesses several researchers has shifted their attention towards how these firms secure continuity, manages their legacy and ensures survival (Kontinen & Ojala, 2012). Succession is an event while running the family business, signifies the transfer of management and ownership to the next generation. Little importance was provided towards understanding the families and the way in which they conduct their business activities, innovation and strategic renewal. The family business is seen as an organization in its conservative form, infrequently surrounding entrepreneurial dynamics (Nordqvist & Melin, 2010). Corporate entrepreneurship is an important factor behind the long term or short term success of the firm whether family firm or non-family firm. Entrepreneurial orientation (EO) is defined as the presence of organizational level entrepreneurship that has been explained using five dimensions namely autonomy, innovation, competitive aggressiveness, proactiveness and risk taking. The main assumption behind entrepreneurial orientation is the entrepreneurial business that shows unique and different characteristics that vary from others. The strength of the entrepreneurial orientation of the firm shows a vigorous positive effect on the performance. Therefore, the presence of Entrepreneurial Orientation leads to the accomplishment of the success of the firm (Yildirim & Saygin, 2012). Family firms are established due to the entrepreneurial behaviour of one or more founders who realize and take advantage of opportunities. In order to survive and grow in their business ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Internationalisation of Family Firm: The Effects of Entrepreneurial Research Paper”, n.d.)
Internationalisation of Family Firm: The Effects of Entrepreneurial Research Paper. Retrieved from https://studentshare.org/management/1482008-internationalisation-of-family-firm-the-effects-of
(Internationalisation of Family Firm: The Effects of Entrepreneurial Research Paper)
Internationalisation of Family Firm: The Effects of Entrepreneurial Research Paper. https://studentshare.org/management/1482008-internationalisation-of-family-firm-the-effects-of.
“Internationalisation of Family Firm: The Effects of Entrepreneurial Research Paper”, n.d. https://studentshare.org/management/1482008-internationalisation-of-family-firm-the-effects-of.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Internationalisation of Family Firm: The Effects of Entrepreneurial Orientation and Generation Involvement

Internationalisation of Family Firm:the effects on entrepreneurial orientation and generation involvement

...? Internationalisation of the Family Firm: The Effects on Entrepreneurial Orientation and Generational Involvement Abstract Family firms are a special type of entrepreneurial endeavour. Contrary to commonly held thought, such firms are just as likely to be big corporations as they are to be small, and community focused neighbourhood businesses. In the face of increasing globalization, such firms are under pressure to internationalise their operations in order to maintain a competitive edge in the...
21 Pages(5250 words)Research Paper

Internationalisation and Growth of Family Firm: The Role of Entrepreneurial Orientation and Generation Involvement

...? Internationalisation and Growth of Family Firm: The Role of Entrepreneurial Orientation and Generation Involvement This paper review research studies on the entrepreneurial organization of family-controlled and family-owned businesses and the factors for understanding and analysing infrastructures that potentially lead to internationalization of the family business. Success is dependent on a number of factors, including family relationships, structure of leadership and management infrastructures, the vision and goals for the company,...
25 Pages(6250 words)Research Paper

Internationalisation of Family Business: The Effect of Ownership and Generation Involvement

...? Internationalisation of Family Business: The Effect of Ownership and Generation Involvement Family enterprisesinternationalise their businesses after consolidating their influence within their domestic market because once family businesses built up resources and capabilities for growth in domestic market, they are able to leverage it later for further expansion abroad. The paper seeks to examine factors that explain internationalization of family businesses and their relationship between ownership and governance of the business enterprise. Research show businesses have been interested in understanding...
20 Pages(5000 words)Research Paper

Principl Fetures of Budgeting as a Plnning and Control System

9 Pages(2250 words)Term Paper

The Effects of Entrepreneurial Orientation on Firm Performance

... there is mass involvement in various policies and acts, an industry or a sector of the economy, cannot be called developed by itself. Therefore, there is a need to redefine the theory in order to make sure it accommodates such yardsticks for the measurement of competitive advantage in the case of firm performance through entrepreneurial orientation. This is due to the fact that more people need to be aware of such measures for development to be actually felt and enjoyed. (Wilkund et al, 1999) In the context of the effect of entrepreneurial orientation on the firm’s performance, does Porter’s theory ask the relevant questions? What must the company do to ensure that the industry evolves in a way that is maximally advantageous... The...
12 Pages(3000 words)Essay

Entrepreneurial Orientation and Marketing Orientation

...and then trying to persuade customers to accept them. To find out “ The interrelationships among a firms market-orientation, learning-orientation, and innovativeness “ which ultimately contributed to a firm’s performance, a study involving a questionnaire-based survey of managers from small-sized-firms operating in Turkey was undertaken. A total of 157 usable questionnaires were received from managers. These were subjected to a structural equation modeling (SEM) analysis. It tested the combined effect of market-orientation and learning-orientation on firm...
12 Pages(3000 words)Essay

Internationalisation of Family Firm: The Effects of Entrepreneurial Orientation and Generation Involvement

...Internationalisation of Family Firm: The Effects of Entrepreneurial Orientation and Generation Involvement of the of the Table of Contents Abstract 3 1. Introduction 4 2. Literature Review 5 3. Discussion and Conclusion 22 References 26 Abstract Effective entrepreneurship helps a firm in exploiting its present competitive advantage along with exploring various future competencies and opportunities. It is included in both starting a new business or strategic renewal of the existing business. However, while conducting researches on the field of entrepreneurship, a little...
25 Pages(6250 words)Research Paper

Internationalisation and Growth of Family Firm: The Role of Entrepreneurial Orientation and Generation Involvement

...and argument, the following proposition emerges: Proposition 5: Generational Involvement moderates the relationship between Entrepreneurial Orientation and internationalisation of family firms. a. Discussion and Conclusion (Must more than 2pages, or at least 500 words) b. References References Arregle, J-L., Naldi, L., Nordqvist, M. & Hitt, M.A. (2012). Internationalization of Family-Controlled Firms: A Study of the Effects of External Involvement in Governance. Entrepreneurship (ETP): Theory & Practice, (November), 1115-1143. Basco, R. (2013). The...
13 Pages(3250 words)Research Paper

Growth through Internationalisation among Entrepreneurial Firms

...Growth through Internationalisation among Entrepreneurial firms Table of Contents Introduction 2 Method 2 Analysis of Literature 2 Conclusion 8 Bibliography 12 Introduction Dunning (1977) popularized the concept of internationalization. He stated that entrepreneurial firms appear as multinational enterprises due to of the advantages of the eclectic paradigm. The eclectic paradigm suggests that a company adopts an overseas business operation because of three major competitive advantages which are advantage of ownership, advantage of the business location and advantage of internalization (Dunning, 1977). The concept of internationalization or...
10 Pages(2500 words)Essay

Growth through Internationalisation among Entrepreneurial Firms

...Growth through Internationalization Introduction This study will focus on internationalization strategy that supports growth of entrepreneurial firms. Internationalization is a mechanism of increasing firm’s involvement in wide array of international markets. International activities can be explained thoroughly on basis of internationalization. Entrepreneurs who are inclined towards internationalization fields have to possess ability to think global beyond domestic boundaries. International cultures have to be understood appropriately by entrepreneurs in order to achieve growth and success. An international strategy can be successful only when there is a strong...
9 Pages(2250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Internationalisation of Family Firm: The Effects of Entrepreneurial Orientation and Generation Involvement for FREE!

Contact Us