Business Management Dynamics

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ISSN: 2047-7031

bmd Business and Management Dynamics bmd
ISSN: 2047-7031  
Volume  2   Issue 12  2013  
Article Abstract
Linking generational involvement to intrapreneurship activities in Turkish family firms: An empirical study
Keywords:  Family Firms, Generational Involvement, Entrepreneurial Characteristics, Intrapreneurship
Family firms are essential actors for national and international economic growth and development. They play a very important role in creating new jobs and generating innovations if they engage in entrepreneurial activities. This empirical study investigates relationships among generational involvement, entrepreneurial characteristics of family members and intrapreneurship performance for Turkish family firms. Family firms in this study defined as firms, where ownership belong to the family and more than half of the top management teams employed from family members in the firm. Entrepreneurial characteristics of family members consist of six dimensions; namely, locus of control, need for achievement, propensity to take risk, tolerance of ambiguity, self-confidence, and innovativeness. Intrapreneurship performance is considered as a multi-dimensional structure that covers "innovativeness", "risk taking" and "proactiveness" dimensions. Based on the data from 162 Turkish family firms, empirical results showed that there was a statistically significant relationship between entrepreneurial characteristics of family members involved in top management and intrapreneurship activities of these firms. However, there was no statistically significant relationship between generational involvement and intrapreneurship performance
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