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Conceptualizing and Investigating Entrepreneurial Action in Family Firms: A Few Promising Directions

In: The Palgrave Handbook of Heterogeneity among Family Firms

Author

Listed:
  • Sanjay Goel

    (University of Minnesota Duluth)

  • Raymond J. Jones

    (University of Minnesota Duluth)

  • Ranjan Karri

    (University of Illinois Springfield)

Abstract

While entrepreneurship is inextricably linked to the survival, growth, and longevity of family businesses, we address the surprisingly sparse attention in the literature to the conceptual and contextual grounding of entrepreneurial action in family firms. We review the extant literature on entrepreneurial action and conceptualize as well as contextualize it for family firms. We subscribe to the subjectivist view of entrepreneurial action that views entrepreneurial opportunities as constructed by the author of the action. We integrate issues such as the impetus for action in the family, the cultivation of entrepreneurs, and crafting of opportunities in a family. We describe two methods to achieve a workable consensus on the definition and understanding of entrepreneurial actions in the family business field and provide a few promising research directions.

Suggested Citation

  • Sanjay Goel & Raymond J. Jones & Ranjan Karri, 2019. "Conceptualizing and Investigating Entrepreneurial Action in Family Firms: A Few Promising Directions," Springer Books, in: Esra Memili & Clay Dibrell (ed.), The Palgrave Handbook of Heterogeneity among Family Firms, chapter 32, pages 873-907, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-77676-7_32
    DOI: 10.1007/978-3-319-77676-7_32
    as

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