Entrepreneurial by Design: How Organizational Design Affects Family and Non‐family Firms' Opportunity Exploitation. (29th February 2020)

• Record Type: Journal Article
• Authors: De Massis, Alfredo; Eddleston, Kimberly A.; Rovelli, Paola
• Is Part Of: Journal of management studies. Volume 58:Number 1(2021)
• Page Start: 27
• Page End: 62
• Publication Date: 2020-02-29
• Subjects: corporate entrepreneurship -- family business -- opportunity exploitation -- organizational design -- top management team; Industrial management -- Periodicals; 658
• DOI: 10.1111/joms.12568
• Languages: English
• ISSNs: 0022-2380

Abstract

Abstract: Opportunity exploitation is a key aspect of the corporate entrepreneurship process and is particularly important to maintain a family firm through multiple generations. Drawing on an organizational design perspective, we investigate opportunity exploitation in family versus non‐family firms. The empirical analyses on survey data from a sample of 224 Italian firms reveal that family firms exploit significantly fewer opportunities than non‐family firms, and this result is fully mediated by the organization of their TMT. Our findings show that how family firms organize is crucial for opportunity exploitation, thus extending and enriching prior corporate entrepreneurship research, highlighting the importance of bringing an organizational design perspective to corporate entrepreneurship and family business studies.