The Role of Pluriactivity for Continuity and Survival in Family Farm Firms
Journal Title: Journal of Entrepreneurship, Management and Innovation - Year 2014, Vol 10, Issue 4
Abstract
Abstract Our study focuses on family farm firms as an important and yet under-researchetype of family firms. We explore the entrepreneurial growth behavior in the context ofamily farm firms by focusing on the role of pluriactivity. By integrating the literaturof family business strategies, EO, and growth intentions, this study of 1618 Finnisfamily farms seeks to understand the idea of pluriactivity as a strategic orientatioof family farm firms leading towards the growth and renewal of their prevailinand future domains. Our study revealed that pluriactivity is associated with growthorientation and perceived strengths of the family farm firms. We identified foutypes of growth groups (Established, Growth-Driven, Experimenters, Stand-Stilland found differences in their pluriactive orientation. We suggest that pluriactivity aa strategic orientation affects the growth-intention of the family entrepreneurs anthe business renewal processes of the family farm firms. Entrepreneurs need to havcapabilities (knowledge, skills, experience) and willingness to change (motivationattitude, volition) when using pluriactivity as a strategic orientation as they affecgrowth behavior (EO). Lastly, we discuss with our results and make some suggestionfor future research avenues in family business strategy research.
Authors and Affiliations
Tarja Niemelä, Reija Häkkinen
Keywords
Related Articles
- EP ID EP237598
- DOI -
- Views 122
- Downloads 0
Business Model Innovation – A Concept Between Organizational Renewal and Industry Transformation
The general setting With the new millennium and the hype of electronic business a new movement was created that still gains momentum: business model innovations. Deeply influenced by business informatics in the early ye...
Positive Stress and Reflective Practice Among Entrepreneurs
While heavy stress loads seem an unavoidable aspect of entrepreneurship, the positive side of stress (often referred to as ‘eustress’) remains a neglected area of research. This paper contributes to entrepreneurship rese...
The Perception of an Entrepreneur’s Structural, Relational and Cognitive Social Capital among Young People in Poland - An Exploratory Study
The goal of the current paper is to verify how an entrepreneur’s structural, relational and cognitive social capital levels are perceived by young people in Poland. The research involved a group of 374 undergraduate busi...
Short- and Long-Term Effects of Innovations on Enterprise Market Value : a Case of the Tourism Industry
Abstract Innovations seem crucial for contemporary enterprises willing to achieve the objective of increasing firm’s value. The aim of this paper is to examine, both conceptually and empirically, the relationship between...
Interaction of Psychological Factors in Shaping Entrepreneurial Intention among Computer and Electrical Engineering Students
Numerous technopreneurs start their ventures at college age, but the entrepreneurship of computer and electrical engineering (CEE) students remains under-studied. This study analysed both the combined and interactive eff...