Entrepreneurial Risk Taking in Family Firms: The Wellspring of the Regenerative Capability

Entrepreneurial Risk Taking in Family Firms: The Wellspring of the Regenerative Capability Research on entrepreneurial risk taking by family firms has grown rapidly over the past decade. In this article, I revisit my earlier study’s objectives and contributions and analyze the key changes that have taken place in the literature since its publication. My analyses highlight the ever-broadening definition of entrepreneurship and entrepreneurial risk taking by family firms and the explosive growth of research on their antecedents and consequences, increasingly adopting an international perspective. I offer suggestions to improve theory building and methodological choices while adopting a multilevel perspective that enables the recognition of microfoundations and temporal issues. This research can clarify the role of entrepreneurship as the source of family firms’ regenerative capability. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Family Business Review SAGE

Entrepreneurial Risk Taking in Family Firms: The Wellspring of the Regenerative Capability

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Publisher
SAGE Publications
Copyright
© The Author(s) 2018
ISSN
0894-4865
eISSN
1741-6248
D.O.I.
10.1177/0894486518776871
Publisher site
See Article on Publisher Site

Abstract

Research on entrepreneurial risk taking by family firms has grown rapidly over the past decade. In this article, I revisit my earlier study’s objectives and contributions and analyze the key changes that have taken place in the literature since its publication. My analyses highlight the ever-broadening definition of entrepreneurship and entrepreneurial risk taking by family firms and the explosive growth of research on their antecedents and consequences, increasingly adopting an international perspective. I offer suggestions to improve theory building and methodological choices while adopting a multilevel perspective that enables the recognition of microfoundations and temporal issues. This research can clarify the role of entrepreneurship as the source of family firms’ regenerative capability.

Journal

Family Business ReviewSAGE

Published: Jun 1, 2018

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