Knowledge combination and the potential advantages of family firms in searching for opportunities

Entrepreneurship: Theory and Practice

Volumn 35, Issue 6, 2011, Pages 1179-1197

  Patel, Pankaj C ^a   Fiet, James O ^b  

^a BALL STATE UNIVERSITY   (United States)

^b UNIVERSITY OF LOUISVILLE   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 81255191032     PISSN: 10422587     EISSN: 15406520     Source Type: Journal    
DOI: 10.1111/j.1540-6520.2011.00497.x     Document Type: Article

References (75)

1. Agrawal, A. (2006). Engaging the inventor: Exploring licensing strategies for university inventions and the role of latent knowledge. Strategic Management Journal, 27(1), 63-79.
2. Aldrich, H.E. & Cliff, J.E. (2003). The pervasive effects of family on entrepreneurship: Toward a family embeddedness perspective. Journal of Business Venturing, 18(5), 573-596.
3. Anand, B.N. & Galetovic, A. (2000). Weak property rights and holdup in R&D. Journal of Economics & Management Strategy, 9(4), 615-642.
4. Ardichvili, A., Cardozo, R., & Ray, S. (2003). A theory of entrepreneurial opportunity identification and development. Journal of Business Venturing, 18(1), 105-123.
5. Arregle, J.L., Hitt, M.A., Sirmon, D.G., & Very, P. (2007). The development of organizational social capital: Attributes of family firms. Journal of Management Studies, 44(1), 73-95.
6. Arrow, K.J. (1984). Individual choice under certainty and uncertainty. Cambridge, MA: Belknap Press.
7. Baron, R.A. (2008). The role of affect in the entrepreneurial process. The Academy of Management Review (AMR), 33(2), 328-340.
8. Bertrand, M. & Schoar, A. (2006). The role of family in family firms. The Journal of Economic Perspectives, 20(2), 73-96.
9. Brown, J.S. & Duguid, P. (1991). Organizational learning and communities-of-practice: Toward a unified view of working, learning, and innovation. Organization Science, 2(1), 40-57.
10. Cabrera-Suárez, K., Saá-Pérez, P., & García-Almeida, D. (2001). The succession process from a resource-and knowledge-based view of the family firm. Family Business Review, 14(1), 37-46.
11. Camerer, C. (2003). Behavioral game theory: Experiments in strategic interaction. Princeton, NJ: Princeton University Press.
12. Carney, M. (2005). Corporate governance and competitive advantage in family-controlled firms. Entrepreneurship Theory and Practice, 29(3), 249-265.
13. Chen, S., Chen, X., Cheng, Q., & Shevlin, T. (2010). Are family firms more tax aggressive than non-family firms? Journal of Financial Economics, 95(1), 41-61.
14. Chrisman, J., Chua, J., & Steier, L. (2005). Sources and consequences of distinctive familiness: An introduction. Entrepreneurship Theory and Practice, 29(3), 237-247.
15. Chrisman, J., Kellermanns, F.W., Chan, K.C., & Liano, K. (2010). Intellectual foundations of current research in family business: An identification and review of 25 influential articles. Family Business Review, 23, 9-26.
16. Corbett, A.C. (2007). Learning asymmetries and the discovery of entrepreneurial opportunities. Journal of Business Venturing, 22(1), 97-118.
17. Corbetta, G. & Salvato, C. (2004). Self-serving or self-actualizing? Models of man and agency costs in different types of family firms: A commentary on "Comparing the agency costs of family and non-family firms: Conceptual issues and exploratory evidence." Entrepreneurship Theory and Practice, 28(4), 355-362.
18. Covin, J.G. & Slevin, D.P. (1989). Strategic management of small firms in hostile and benign environments. Strategic Management Journal, 10(1), 75-87.
19. Cyert, R.M. & March, J.G. (1963). A behavioral theory of the firm. Englewood Cliffs, NJ: Prentice Hall.
20. Davidsson, P. & Honig, B. (2003). The role of social and human capital among nascent entrepreneurs. Journal of Business Venturing, 18(3), 301-331.
21. De Carolis, D.M. & Saparito, P. (2006). Social capital, cognition, and entrepreneurial opportunities: A theoretical framework. Entrepreneurship Theory and Practice, 30(1), 41-56.
22. Demsetz, H. (2002). Toward a theory of property rights II: The competition between private and collective ownership. The Journal of Legal Studies, 31, 653-672.
23. Denrell, J., Fang, C., & Winter, S.G. (2003). The economics of strategic opportunity. Strategic Management Journal, 24(10), 977-990.
24. Doeringer, P.B. & Piore, M.J. (1985). Internal labor markets and manpower analysis. Lexington, MA: ME Sharpe Inc.
25. Drucker, P.F. (1985). Innovation and entrepreneurship. New York: HarperCollins.
26. Drucker, P.F. (1998). The discipline of innovation. Harvard Business Review, 80, 95-104.
27. Dunn, B. (1995). Success themes in Scottish family enterprises: Philosophies and practices through the generations. Family Business Review, 8(1), 17-28.
28. Eddleston, K.A., Kellermanns, F.W., & Sarathy, R. (2008). Resource configuration in family firms: Linking resources, strategic planning and technological opportunities to performance. Journal of Management Studies, 45(1), 26-50.
29. Fiet, J.O. (1996). The informational basis of entrepreneurial discovery. Small Business Economics, 8(6), 419-430.
30. Fiet, J.O. (2002). The systematic search for entrepreneurial discoveries. Westport, CT: Praeger.
31. Fiet, J.O. (2007). A prescriptive analysis of search and discovery. Journal of Management Studies, 44(4), 592-611.
32. Fiet, J.O., Norton, W.I., Jr., & Clouse, V.G.H. (2007). Systematic search as a source of technical innovation: An empirical test. Journal of Engineering and Technology Management, 24(4), 329-346.
33. Fiet, J.O. & Patel, P.C. (2008). Prescriptive entrepreneurship. Cheltenham, UK: Edward Elgar.
34. Gaglio, C.M. & Katz, J.A. (2001). The psychological basis of opportunity identification: Entrepreneurial alertness. Small Business Economics, 16(2), 95-111.
35. Gómez-Mejía, L.R., Haynes, T., Núñez-Nickel, M., Jacobson, K.J.L., & Moyano-Fuentes, J. (2007). Socioemotional wealth and business risks in family-controlled firms: Evidence from Spanish olive oil mills. Administrative Science Quarterly, 52, 106-137.
36. Gómez-Mejía, L.R., Núñez-Nickel, M., & Gutierrez, I. (2001). The role of family ties in agency contracts. Academy of Management Journal, 44(1), 81-95.
37. Gopalakrishnan, F. (1997). A review of innovation research in economics, sociology and technology management. Omega, 25(1), 15-28.
38. Grossman, S.J. & Hart, O.D. (1986). The costs and benefits of ownership: A theory of vertical and lateral integration. The Journal of Political Economy, 94(4), 691-719.
39. Habbershon, T.G., Williams, M., & MacMillan, I.C. (2003). A unified systems perspective of family firm performance. Journal of Business Venturing, 18(4), 451-465.
40. Habbershon, T.G. & Williams, M.L. (1999). A resource-based framework for assessing the strategic advantages of family firms. Family Business Review, 12(1), 1-22.
41. Hayek, F.A. (1945). The use of knowledge in society. The American Economic Review, 35(4), 519-530.
42. James, H.S. (1999). Owner as manager, extended horizons and the family firm. International Journal of the Economics of Business, 6(1), 41-55.
43. Jensen, M.C. & Meckling, W.H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305-360.
44. Kaish, S. & Gilad, B. (1991). Characteristics of opportunities search of entrepreneurs versus executives: Sources, interests, general alertness. Journal of Business Venturing, 6(1), 45-61.
45. Kale, P. & Singh, H. (2007). Building firm capabilities through learning: The role of the alliance learning process in alliance capability and firm-level alliance success. Strategic Management Journal, 28(10), 981-1000.
46. Katz, D. & Kahn, R.L. (1978). The social psychology of organizations.
47. Kirzner, I.M. (1997). Entrepreneurial discovery and the competitive market process: An Austrian approach. Journal of economic Literature, 35(1), 60-85.
48. Kogut, B. & Zander, U. (1992). Knowledge of the firm, combinative capabilities, and the replication of technology. Organization Science, 3(3), 383-397.
49. Kogut, B. & Zander, U. (1996). What firms do? Coordination, identity, and learning. Organization Science, 7(5), 502-518.
50. Lawrence, C., Lawrence, R.Z., Solow, R.M., & Wachter, M.L. (1985). Manufacturing wage dispersion: An end game interpretation. Brookings Papers on Economic Activity, 1, 47-116.
51. Libecap, G.D. (1994). Contracting for property rights. Cambridge, UK: Cambridge University Press.
52. Morck, R., Shleifer, A., & Vishny, R.W. (1988). Management ownership and market valuation: An empirical analysis. Journal of Financial Economics, 20, 293-315.
53. Moreland, R.L., Argote, L., & Krishnan, R. (1996). Socially shared cognition at work: Transactive memory and group performance. In J.L. Nye & A.M. Brower (Eds.), What's social about social cognition? Research on socially shared cognition in small groups (pp. 57-84). Thousand Oaks, CA: Sage.
54. Nonaka, I. (1994). A dynamic theory of organizational knowledge creation. Organization Science, 5(1), 14-37.
55. Patel, P.C. & Fiet, J.O. (2009). Systematic search and its relationship to firm founding. Entrepreneurship Theory and Practice, 33(2), 501-526.
56. Patel, P.C. & Fiet, J.O. (2010). Enhancing the internal validity of entrepreneurship experiments by assessing treatment effects at multiple levels across multiple trials. Journal of Economic Behavior and Organization, 76(1), 127-140.
57. Pringle, J.W.S. (1951). On the parallel between learning and evolution. Behaviour, 3(3), 174-215.
58. Raisch, S. & Birkinshaw, J. (2008). Organizational ambidexterity: Antecedents, outcomes, and moderators. Journal of Management, 34(3), 375-409.
59. Rasmusen, E. (2007). Games and information: An introduction to game theory. Malden, MA: Wiley-Blackwell.
60. Roth, C. (2006). Co-evolution in epistemic networks-Reconstructing social complex systems. Structure and Dynamics, 1(3), Art. 2.
61. Rubinstein, A. (1991). Comments on the interpretation of game theory. Econometrica: Journal of the Econometric Society, 59(4), 909-924.
62. Sarasvathy, S.D. (2001). Causation and effectuation: Toward a theoretical shift from economic inevitability to entrepreneurial contingency. Academy of Management Review, 26(2), 243-263.
63. Schulze, W.S., Lubatkin, M.H., & Dino, R.N. (2003). Toward a theory of agency and altruism in family firms. Journal of Business Venturing, 18(4), 473-490.
64. Schumpeter, J. (1934). The theory of economic development. Joseph Alois Schumpeter, 61-116.
65. Shane, S.A. (2003). A general theory of entrepreneurship: The individual-opportunity nexus. Northampton, MA: Edward Elgar.
66. Sharma, P. (2008). Commentary: Familiness: Capital stocks and flows between family and business. Entrepreneurship Theory and Practice, 32(6), 971-977.
67. Sirmon, D.G. & Hitt, M.A. (2003). Managing resources: Linking unique resources, management, and wealth creation in family firms. Entrepreneurship Theory and Practice, 27(4), 339-358.
68. Stamper, C.L. & Masterson, S.S. (2002). Insider or outsider? How employee perceptions of insider status affect their work behavior. Journal of Organizational Behavior, 23(8), 875-894.
69. Stigler, G.J. (1961). The economics of information. The Journal of Political Economy, 69(3), 213-225.
70. Szulanski, G., Cappetta, R., & Jensen, R.J. (2004). When and how trustworthiness matters: Knowledge transfer and the moderating effect of casual ambiguity. Organization Science, 15(5), 600-613.
71. Ucbasaran, D., Westhead, P., & Wright, M. (2008). Opportunity identification and pursuit: Does an entrepreneur's human capital matter? Small Business Economics, 30(2), 153-173.
72. Williamson, O.E. (1996). The mechanisms of governance. New York: Oxford University Press.
73. Zahra, S.A. (1996). Goverance, ownership, and corporate entrepreneurship: The moderating impact of industry technological opportunities. Academy of Management Journal, 39(6), 1713-1735.
74. Zahra, S.A. & Sharma, P. (2004). Family business research: A strategic reflection. Family Business Review, 17(4), 331-346.
75. Zahra, S.A., Hayton, J.C., & Salvato, C. (2004). Entrepreneurship in family vs. non-family firms: A resource-based analysis of the effect of organizational culture. Entrepreneurship Theory and Practice, 28(4), 363-381.