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Internal social capital and entrepreneurial orientation in family firms: A double-edged sword
Journal of International Entrepreneurship Pub Date : 2023-05-26 , DOI: 10.1007/s10843-023-00334-5
Yosra Mani , Lassaad Lakhal

Family bu sinesses are uniquely capable of holding two distinct forms of social relations: family social capital and non-family social capital. Family social capital represents the familial relationship between family members and their external networks. Non-family social capital refers to social relationships in an organizational context. Researchers have often acknowledged that family social capital is a “good thing.” However, previous research suggests that family social relationships can transmit dysfunctional family traits to the broader family business network. As a result of these mixed findings, the question has shifted from discussing whether family firms have more entrepreneurial orientation than non-family firms to investigating the circumstances under which family firms portray more entrepreneurial orientation because of their social relationships. To shed light on this paradox, we try to answer the following question: “How does the internal social capital resulting from the mutual interactions between family and business systems affects entrepreneurial orientation in family businesses?” Based on a qualitative approach, our study’s findings reveal that when families adopt business-oriented thinking, significant internal social capital flows between the family and the business are formed, and these flows are strongly related to entrepreneurial outcomes. However, when a family-oriented mentality is applied, the weak interaction between the family system and the business system leads to the adoption of more conservative business strategies, thus reducing the entrepreneurial orientation of these family businesses.



中文翻译:

家族企业的内部社会资本和创业导向:一把双刃剑

家族企业具有独特的能力来保持两种不同形式的社会关系:家族社会资本和非家族社会资本。家庭社会资本代表家庭成员与其外部网络之间的家庭关系。非家族社会资本是指组织背景下的社会关系。研究人员经常承认家庭社会资本是一件“好事”。然而,之前的研究表明,家庭社会关系可以将功能失调的家庭特征传播到更广泛的家族企业网络。由于这些混合的发现,问题已经从讨论家族企业是否比非家族企业具有更多的创业倾向,转变为调查家族企业在何种情况下因其社会关系表现出更多的创业倾向。为了阐明这一悖论,我们试图回答以下问题:“家族与企业系统相互作用产生的内部社会资本如何影响家族企业的创业导向?” 基于定性方法,我们的研究结果表明,当家族采用商业导向思维时,家族与企业之间会形成显着的内部社会资本流动,并且这些流动与创业成果密切相关。但是,当应用以家庭为导向的心态时,

更新日期:2023-05-27
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