Entrepreneurial Orientation and Knowledge Transfer: analysis in Spanish family businesses

Ascensión Barroso-Martínez, Ramón Sanguino-Galván, Tomas Manuel Bañegil-Palacios

Abstract


This study tries to answer the following research questions in the context of family-owned firms: How is knowledge management related to entrepreneurship? How are knowledge management and entrepreneurship related to business performance? How does the family influence the above relationships? To answer these questions we performed a study to firms belonging to Family Business Regional Associations. The methodology used to analyze these relationships is based on a structural equation approach (SEM), specifically Partial Least Squares (PLS). The main value of this study is the proposition of two models. The first model analyzes the relationship among Knowledge Transfer (KT), Entrepreneurial Orientation (EO) and Performance (PERF). The second model studies the Family Influence (FI) as a moderating variable of such relationships. As conclusion, in these family firms KT has a significant positive effect on EO, and the latter on PERF. FI strengthening moderates the relationship between KT and EO and PERF. The implications for managers are clear. Our study provides a theoretical and empirical basis for further study on KT and EO in family business.

Keywords


entrepreneurship, entrepreneurial orientation, knowledge management, knowledge transfer, family firms, structural equation modeling

Full Text:

PDF

References


Abdellatif, M., Amann, B. & Jaussaud, J. (2010). Family versus nonfamily business: a comparison of international strategies. Journal of Family Business Strategy, 1(2), 108-116.

Barroso-Martínez, A., Sanguino-Galván, R. & Bañegil-Palacios, T. M. (2016). Tourism & Management Studies, 12(1), 211-219.

Albino, V., Garavelli, C.&Schiuma, G. (1999).Knowledge transfer and inter-firm relationships in industrial districts: the role of the leader firm. Technovation, 19, 53-63.

Aldrich, H. & Cliff, J. (2003). The pervasive effects of family on entrepreneurship: toward a family embeddedness perspective. Journal of Business Venturing, 18 (5), 573-596.

Anderson, R. C. & Reeb, D. M. (2003). Founding-family ownership and firm performance: evidence from the S&P 500. The Journal of Finance, 58 (3), 1301-1328.

Astrachan, J. H., Klein, S. B. & Smyrnios, K. X. (2002). The F?PEC scale of family influence: a proposal for solving the family business definition problem. Family Business Review, 15(1), 45-58.

Audretsch, D., Bönte, W. & Keilbach, M. (2008). Entrepreneurship capital and its impact on knowledge diffusion and economic performance. Journal and Business Venturing, 23(6), 687-698.

Bañegil, T. M., Hernández, R., & Barriuso, C. (2012). El Protocolo Familiar y Sus Instrumentos de Desarrollo en las Empresas Familiares de Extremadura. Tourism & Management Studies, (8), 139-150.

Barroso, A., Sanguino, R. &Bañegil, T. M. (2013). Study of factors influencing knowledge transfer in family firms. Intangible Capital, 9(4), 1216-1238.

Barroso, A., Sanguino, R. & Bañegil, T. M. (2012). Diferentes criterios del concepto de empresa familiar. Una aportación desde Extremadura, España. Ide@sConcyteg, 83(7), 611-622.

Bartol, K. M., Liu, W., Zeng, X. & Wu, K. (2009).Social exchange and knowledge sharing among knowledge workers: the moderating role of perceived job security. Management and Organizational Review, 5 (2), 223-240.

Basco, R. (2010). Tipo de orientación familiar y prácticas de dirección y gobierno. Un estudio aplicado a las empresas familiares españolas. Revista Europea de Dirección y Economía de la Empresa, 19(2), 129-144.

Brun de Pontet, S., Wrosch, C. & Gagne, M. (2007). An exploration of the generational differences in levels of control held among family business approaching succession. Family Business Review, 20(4), 337-354.

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), 37-48.

Casillas, J., Moreno, A. &Barbero, J. (2010). A configurational approach of the relationship between entrepreneurial orientation and growth of family firms. Family Business Review, 23(1), 27-44.

Cepeda-Carrión, G., Cegarra-Navarro, J.G. & Jimenez-Jimenez, D. (2012). The effect of absorptive capacity on innovativeness: context and information systems capability as catalysts. British Journal of Management, 23(1), 110–129.

Chin, W.W. (1998). The partial least squares approach to structural equation modeling. In G. A. Marcoulides (Ed.), Modern methods for business research (pp. 295–336). Mahwah, NJ: Lawrence Erlbaum.

Chin, W.W. (2010). How to write up and report PLS analyses. In V. Esposito Vinzi, W.W. Chin, J. Henseler, et al. (Eds), Handbook of partial least squares: concepts, methods and applications (pp. 655-690). Berlin: Springer-Verlag.

Chirico, F. (2008). Knowledge accumulation in family firms: evidence from four cases studies. International Small Business Journal, 26(4), 433-462.

Chirico, F., Sirmon, D. G., Sciascia, S. & Mazzola, P. (2011). Resource orchestration in family firms: investigating how entrepreneurial orientation, general involvement and participative strategy affect performance. Strategic Entrepreneurship Journal, 5(4), 307–326.

Chua, J. H., Chrisman, J. J. & Sharma, P. (1999). Defining the family business by behavior. Entrepreneurship Theory and Practice, 23, 19-39.

Cruz, C., Habbershon, T., Nordqvist, M., Salvato, C. & Zellweger, T. (2006). A conceptual model of transgenerational entrepreneurship in family-influenced firms. Jväskilä: International Family Enterprise Research Academy.

Davis, P. (1983). Realizing the potential of the family business. Organizational Dynamics, 12(1), 47-56.

Fahed-Sreih, J. & Djoundourian, S. (2006). Determinants of longevity and success in Lebanese family business: an exploratory study. Family Business Review, 19(3), 225-234.

Fang, S., Yang, C. & Hsu, W. (2013). Inter-organizational knowledge transfer: the perspective of knowledge governance. Journal of Knowledge Management, 17(6), 943-957.

Gersik, K., Davis, J. Mccollom, H. & Lansberg, I. (1997). Generation to generation: life cycles of the family business. Boston: Harvard Business School Press.

Hendriks, P. (1999). Why share knowledge? The influence of ICT on the motivation for knowledge sharing. Knowledge and Process Management, 6(2), 91-100.

Henseler, J. & Fassott, G. (2010).Testing moderating effects in PLS path models: an illustration of available procedures. In J. E. Gentle, W. K. Härdle& Y. Mori (Eds.), Springer Handbooks of Computational Statistics (pp. 713-735). Berlin, Heidelberg: Springer.

Hernández-Mogollón, R., Cepeda-Carrión, G., Cegarra-Navarro, J.G. & Leal-Millán, A. (2010).The role of cultural barriers in the relationship between open-mindedness and organizational innovation. Journal of Organizational Change Management, 23(4),360 – 376.

Hoffman, J., Hoelscher, M. & Sorenson, R. (2006). Achieving sustained competitive advantage: a family capital theory. Family Business Review, 19(2), 135-145.

Kellermans, F., Eddleston, K., Barnett, T. & Pearson, A. (2008). An exploratory study of family member characteristics and involvement: effects on entrepreneurial behavior in the family firm. Family Business Review, 21(1), 1-14.

Kumar, J. A. & Ganesh, L. S. (2009). Research on knowledge transfer in organizations: a morphology. Journal of Knowledge Management, 13(4), 161-174.

Lansberg, I. & Astrachan, J. H. (1994). Influence of family relationships on succession planning and training: the importance of mediating factors. Family Business Review, 7(1), 39-59.

Lansberg, I. S., Perrow, E. L. & Rogolsky, S. (1988). Family business as an emerging field. Family Business Review, 1, 1-8.

Le Breton-Miller, I., Miller, D. & Steier, L. P. (2004). Toward an integrative model of effective FOB succession. Entrepreneurship Theory and Practice, 28 (4), 305-328.

Liu, J (2010). Culture and knowledge transfer: theoretical considerations. Journal of Service Science and Management, 3, 159-164.

Lumpkin, G. & Dess, G. (1996). Clarifying the entrepreneurial orientation construct and linking it to performance. Academic of Management Review, 21(1), 135-172.

Marouf, L. N. (2007). Social networks and knowledge sharing in organizations: a case study. Journal of Knowledge Management, 11(6), 110-125.

Mazzola, P., Marchisio, G. & Astrachan, J. (2008). Strategic planning in family business: a powerful developmental tool for the next generation. Family Business Review, 21, 239-258.

Miller, D. (1983). The correlates of entrepreneurship in three types of firms. Management Science, 29(7), 770-791.

Naldi, L., Nordqvist, M., Sjöberg, K. & Wiklund, J. (2007). Entrepreneurial orientation, risk taking and performance in family firms. Family Business Review, 20(1), 33-47.

Nordqvist, M., Habbershon, T. G. & Melin, L. (2008). Transgenerational entrepreneurship: exploring entrepreneurial orientation in family firms. In H. Landström, D. Smallbone, H. Crijns & E. Laveren (Eds.), Entrepreneurship, sustainable growth and performance: frontiers in European entrepreneurship research (pp. 93-116). London: Edward Elgar.

Pertusa, O. & Rienda, L. (2003). Las relaciones de agencia y la gestión de la empresa familiar: revision teórica de su eficacia y eficiencia frente a empresas no familiares. Revista de Economía y Empresa, 49, 67-77.

Petter, S., Straub, D. & Rai, A. (2007). Specifying formative constructs in information systems research. MIS Quaterly, 34(4), 623-656.

Roldán, J. L. & Sánchez-Franco, M. J. (2012). Variance-based structural equation modelling: guidelines for using partial least squares in

Barroso-Martínez, A., Sanguino-Galván, R. & Bañegil-Palacios, T. M. (2016). Tourism & Management Studies, 12(1), 211-219

information systems research. In Mora, M., Gelman, O., Steenkamp, A., & Raisinghani, M.S. (Eds.) Research methodologies, innovations and philosophies in software systems engineering and information systems (pp.193-221). Hershey, PA: IGI Global.

Vallejo, M. C. (2011). A model to study the organizational culture of the family firm. Small Business Economics, 36(1), 47-64.

Wee; J. & Chua, W. (2013). The peculiarities of knowledge management processes in SMEs: the case of Singapore. Journal of Knowledge Management, 17(6), 958-972.

Wiklund, J. (2006). The sustainability of the entrepreneurial orientation-performance relationship. In P.Davidsoon, F. Delmar & J.Wiklund (Eds), Entrepreneurship and the growth of firms (pp. 141-155). Camberley Surrey, UK: Edward Elgar.

Wong, K. Y. & Aspinwall, E. (2004). Characterizing knowledge management in the small business environment. Journal of Knowledge Management, 8(3), 44-61.

Zhang, L., Zheng, X., Li, J., Nie, G., Huo, G. & Shi, Y. (2008). A way to improve knowledge sharing: from the perspective of knowledge potential. Journal of Service Science and Management, 1, 226-232.






Copyright (c) 2016 Tourism & Management Studies

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.