Understanding entrepreneurial family businesses in uncertain environments: The case of Latin America

Understanding Entrepreneurial Family Businesses in Uncertain Environments: Opportunities and Resources in Latin America

Volumn , Issue , 2011, Pages 1-29

  Nordqvist, Mattias ^a   Marzano, Giuseppe ^b   Brenes, Esteban R ^c   Jiménez, Gonzalo ^d   Fonseca Paredes, María ^e  

^a JÖNKÖPING INTERNATIONAL BUSINESS SCHOOL   (Sweden)

^b UNIVERSIDAD SAN FRANCISCO DE QUITO   (Ecuador)

^c The INCAE Business School   (Costa Rica)

^d UNIVERSIDAD DE LOS ANDES   (Chile)

^e SCHOOL OF ENGINEERING AND SCIENCES   (Mexico)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84865988110     PISSN: None     EISSN: None     Source Type: Book    
DOI: None     Document Type: Chapter

References (69)

1. Acs, Z.J. and J.E. Amorós (2008) 'Entrepreneurship and competitiveness dynamics in Latin America', Small Business Economics, 31, 305-22.
2. Aldrich, H. and J. Cliff (2003) 'The pervasive eff ects of family on entrepreneurship: toward a family embeddedness perspective', Journal of Business Venturing, 18, 573-96.
3. Astrachan, J. (2010) 'Strategy in family business: toward a multidimensional research agenda', Journal of Family Business Strategy, 1 (1), 6-14.
4. Barreto, H. (1989) The Entrepreneur in Microeconomic Theory: Disappearance and Explanation, London: Routledge.
5. Belausteguigoitia, I. and S. Portilla (2004) 'The family business in Chile and Mexico: organizational climate as antecedent of entrepreneurial orientation', in S. Tiffin (ed.), Entrepreneurship in Latin America, Santa Barbara, CA: Praeger Press.
6. Bertrand, M. and A. Schoar (2006) 'The role of family in family firms', Journal of Economic Perspectives, 20, 73-96.
7. Bosma N. and J. Levie (2009) 'Global Entrepreneurship Monitor', Babson, Universidad del Desarrollo.
8. Brenes, E.R., K. Madrigal and G.E. Molina- Navarro (2006) 'Family business structure and succession: critical topics in the Latin American experience', Journal of Business Research, 59 (3), 372-4.
9. Brundin, E., L. Melin and M. Nordqvist (2010) 'Owner centric cultures: transforming entrepreneurial orientation in transgenerational processes', in M. Nordqvist and T. Zellweger (eds), Transgenerational Entrepreneurship: Exploring Growth and Performance in Family Firms across Generations, Cheltenham, UK and Northampton, MA, USA: Edward Elgar, pp. 123-41.
10. Bruton, G., D. Ahlstrom and K. Obloj (2008) 'Entrepreneurship in emerging economies: where are we today and where should the research go in the future', Entrepreneurship Theory and Practice, 32 (1), 1-14.
11. Carter, S. and M. Ram (2003) 'Reassessing portfolio entrepreneurship', Small Business Economics, 21 (4), 371-80.
12. Child, J. (1972) 'Organizational structure, environment and performance: the role of strategic choice', Sociology, 6 (1), 1-22.
13. Chrisman, J., F. Kellermanns, K. Chan and K. Liano (2010) 'Intellectual foundations of current research in family business: an identification and review of 25 infl uential articles', Family Business Review, 23, 9-26.
14. Corbetta, G. and C. Salvato (2004) 'Self- serving or self- actualizing? Models of man and agency costs in diff erent 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), 355-62.
15. Courtney, H., J. Kirkland and P. Viguerie (1997) 'Strategy under uncertainty', Harvard Business Review, 75 (6), 66-79.
16. Cyert, R. and J. March (1963) A Behavioral Theory of the Firm, Englewood Cliff s, NJ: Prentice- Hall.
17. Davidsson, P. and J. Wiklund (2001) 'Levels of analysis in entrepreneurship research: current research practice and suggestions for the future', Entrepreneurship Theory and Practice, 25 (4), 81.
18. De la Cerda, J. and F. Nunez de la Pena (1993) La administración en Desarrollo: Problemas y Avances de la Administración en México, Instituto Internacional de Capacitación y Estudios Empresariales, México.
19. Dess, G. and D. Beard (1984) 'Dimensions of organizational task environments', Administrative Science Quarterly, 29 (1), 52-73.
20. Duncan, R.B. (1972) 'Characteristics of organizational environments and perceived environmental uncertainty', Administrative Science Quarterly, 17 (2), 313-27.
21. Dyer, W. (1986) Cultural Change in Family Firms: Anticipating and Managing Business and Family Transitions, San Francisco, CA: Jossey- Bass.
22. Dyer, W.G. Jr and S. Mortensen (2005) 'Entrepreneurship and family business in a hostile environment: the case of Lithuania', Family Business Review, 18 (3), 247-58.
23. Emery, F.E. and E.L. Trist (1965) 'The causal texture of organizational environments', Human Relations, 18 (1), 21-31.
24. Ernst & Young (2010), 'Entrepreneurship and innovation: the path of growth in Latin America', http://www.ey.com/GL/en/Issues/Driving- growth/Entre preneurship- and- innovation- - - The- path- to- growth- in- Latin- America (accessed 10 February 2011).
25. Ferkany, S.T. (1992) 'For the family: building business in Monterrey', PhD dissertation,Wayne State University.
26. Galbraith, J.R. (1973) Designing Complex Organizations, Boston, MA: Addison- Wesley Longman.
27. Global Entrepreneurship Monitor 2010 Global Report, http://www.gemcon sortium.org/download/1311664234720/GEM%20GLOBAL%20REPORT%202 010rev.pdf (accessed 10 February 2011).
28. Gupta, V. and N. Levenburg (2010) 'A thematic analysis of cultural variations in family businesses: the CASE Project', Family Business Review, 23 (2), 155-69.
29. Habbershon, T.G. and J. Pistrui (2002) 'Enterprising families domain: familyinfl uenced ownership groups in pursuit of transgenerational wealth', Family Business Review, 15 (3), 223-37.
30. Habbershon, T.G. and M.L. Williams (1999) 'A resource- based framework for assessing the strategic advantages of family firms', Family Business Review, 12 (1), 1-25.
31. Habbershon, T.G., M. Williams and I.C. MacMillan (2003) 'A unified systems perspective of family firm performance', Journal of Business Venturing, 18 (4), 451-65.
32. Habbershon, T.G., M. Nordqvist and T. Zellweger (2010), 'Transgenerational entrepreneurship', in M. Nordqvist and T. Zellweger (eds), Transgenerational Entrepreneurship: Exploring Growth and Performance in Family Firms across Generations, Cheltenham, UK and Northampton, MA, USA: Edward Elgar, pp. 1-38.
33. Hall, A., L. Melin and M. Nordqvist (2001) 'Entrepreneurship as radical change in the family business: exploring the role of cultural patterns', Family Business Review, 14 (3), 193-208.
34. Hatum, A. and A. Pettigrew (2004) 'Adaptation under environmental turmoil: organizational fl exibility in family- owned firms', Family Business Review, 17 (3), 237-59.
35. Hatum, A. and A.M. Pettigrew (2006) 'Determinants of organizational fl exibility: a study in an emerging economy', British Journal of Management, 17, 115-37.
36. Henrekson, M. (2007) 'Entrepreneurship and institutions', Comparative Labor Law & Policy Journal, 28 (4), 717-42.
37. Kellermanns, W.F. and A.K. Eddleston (2006) 'Corporate entrepreneurship in family firms: a family perspective', Entrepreneurship Theory and Practice, 30 (6), 809-30.
38. Lansberg, I. and E. Perrow (1991) 'Understanding and working with leading family businesses in Latin America', Family Business Review, 4 (2), 127-47.
39. Lawrence, P. and J. Lorsch (1967) Organization and Environment: Managing Diff erentiation and Integration, Homewood, IL: Richard D. Irwin.
40. Lumpkin, G. and G. Dess (1996) 'Clarifying the entrepreneurial orientation construct and linking it to performance', Academy of Management Review, 21 (1), 135-72.
41. Lumpkin, G. and G. Dess (2001) 'Linking two dimensions of entrepreneurial orientation to firm performance: the moderating role of environment and industry life cycle', Journal of Business Venturing, 16 (5), 429-51.
42. Lumpkin, G., K. Brigham and T. Moss (2010) 'Long- term orientation: implications for the entrepreneurial orientation and performance of family businesses', Entrepreneurship and Regional Development, 22, 241-64.
43. Martinez, J., B. Stohr and B. Quiroga (2007) 'Family ownership and firm performance: evidence from public companies in Chile', Family Business Review, 20 (2), 83-94.
44. Matthews, C. and S. Scott (1995) 'Uncertainty and planning in small and entrepreneurial firms: an empirical assessment', Journal of Small Business Management, 3 (4), 34-52.
45. McMullen, J. and D. Shepherd (2006) 'Entrepreneurial action and the role of uncertainty in the theory of the entrepreneur', Academy of Management Review, 31 (1), 132-52.
46. Miller, D. and P. Friesen (1978) 'Archetypes of strategy formulation', Management Science, 24 (9), 921-33.
47. Milliken, F.J. (1987) 'Three types of perceived uncertainty about the environment: state, eff ect, and response uncertainty', Academy of Management Review, 12 (1), 133-43.
48. Naldi, L., M. Nordqvist, K. Sjöberg and J. Wiklund (2007) 'Entrepreneurial orientation, risk taking, and performance in family firms', Family Business Review, 20 (1), 33-47.
49. Nordqvist, M. and L. Melin (2010) 'Entrepreneurial families and family firms', Entrepreneurship and Regional Development, 22 (3), 1-29.
50. Nordqvist, M. and T. Zellweger (2010) 'A qualitative research approach on studying transgenerational entrepreneurship', in M. Nordqvist and T. Zellweger (eds), Transgenerational Entrepreneurship: Exploring Growth and Performance in Family Firms across Generations, Cheltenham, UK and Northampton, MA, USA: Edward Elgar, pp. 39-57.
51. Penrose, E. (1959) The Theory of the Growth of the Firm, Oxford: Basil Blackwell.
52. Poza, E.J. (1995) 'Global competition and the family- owned business in Latin America', Family Business Review, 8 (4), 301-11.
53. Schumpeter, J.A. (1934) The Theory of Economic Development, Cambridge, MA: Harvard University Press.
54. Sharma, P. (2004) 'An overview of the field of family business studies: current status and directions for the future', Family Business Review, 17 (1), 1-36.
55. Sharma, P. and J. Chrisman (1999) 'Reconciling the definitional issues in the field of corporate entrepreneurship', Entrepreneurship Theory and Practice, 23, 11-26.
56. Sharma, P., J. Chrisman and J. Chua (1997) 'Strategic management of the family business: past research and future challenges', Family Business Review, 10 (1), 1-35.
57. Sirmon, D. and M. Hitt (2003) 'Managing resources: linking unique resources, management, and wealth creation in family firms', Entrepreneurship Theory and Practice, 27, 339-58.
58. Soørensen, G. (2010) 'Democracy and democratization', in K. Leicht and J. Jenkins (eds), Handbook of Politics, New York: Springer, pp. 441-58.
59. Sorenson, R. (1999) 'Confl ict management strategies used by successful family businesses', Family Business Review, 12 (4),133-46.
60. Steier, L. (2007) 'New venture creation and organization: a familial sub- narrative', Journal of Business Research, 60 (10), 1099-107.
61. Thompson, J.D. (1967), Organizations in Action, New York: McGraw- Hill. Tiffin, S. (2004). 'Introduction', in S. Tiffin (ed.), Entrepreneurship in Latin America, Santa Barbara, CA: Praeger Press.
62. Tiffin, S. (2004). 'Introduction', in S. Tiffin (ed.), Entrepreneurship in Latin America, Santa Barbara, CA: Praeger Press
63. Walker, W., P. Harremoës, J. Rotmans, J. van der Sluijs, M. van Asselt, P. Janssen and M.P. Krayer von Krauss (2003) 'Defining uncertainty: a conceptual basis for uncertainty management in model- based decision support', Integrated Assessment, 4 (1), 5-17.
64. Ward, J. (1997) 'Growing the family business: special challenges and best practices', Family Business Review, 10 (4), 323-37.
65. Wernerfelt, B. and A. Karnani (1987) 'Competitive strategy under uncertainty', Strategic Management Journal, 8 (2), 187-94.
66. World Bank (2003) Investment Climate around the World: Voices of the Firms from the World Business Environment Survey, Washington DC: World Bank.
67. Zahra, S. (1995) 'Corporate entrepreneurship and financial performance: the case of management leveraged buyouts', Journal of Business Venturing, 10 (3), 225-47.
68. Zahra, S. (2005) 'Entrepreneurial risk taking in family firms', Family Business Review, 18 (1), 23-40.
69. Zahra, S.A., J. Hayton and C. Salvato (2004) 'Entrepreneurship in family vs. nonfamily firms: a resource based analysis of the eff ect of organizational culture', Entrepreneurship Theory and Practice, 28, 363-81.