Search results

Using the theory of planned behavior as a theoretical base, this study aims to examine the effect of the personality attributes, risk-taking, creativity and locus of control on the entrepreneurial intentions of US business college students. The authors replicated previous studies from around the world but performed the research during the Covid-19 pandemic.

The authors surveyed 353 students, comparing those with entrepreneurial intentions (n = 213) versus those without entrepreneurial intentions (n = 140).

The authors found that risk-taking and creativity both significantly and positively predicted entrepreneurial intentions, but locus of control did not have a significant impact.

Contextually, the authors performed this study during the widespread complications of the Covid-19 pandemic. The authors advise business educators to initiate programs that encourage student entrepreneurship by nurturing creativity and offering educational resources that assist students in reducing the perceived risk of entrepreneurship.

The authors seek to increase awareness among business educators of the significance of entrepreneurship as a desirable career. The authors believe that one impact from the Covid-19 pandemic has been an expanded interest among students to start their own businesses. The authors propose that creative measures introduced into the business school curriculum by business educators will enhance students’ desire to take risks to create their own businesses.

The purpose of this paper is to investigate the contributions of both successors and incumbent leaders to family firm continuity, using insights from the family business succession literature and cultural dimensions theory.

In a qualitative study, the succession practices of 19 Mexican-American family firms were examined.

The findings are encapsulated by seven propositions and a model of Mexican-American family firm generational contributions and constraints to family business continuity.

In-depth interviews with immigrant and second generation family firm leaders revealed both traditional family firm succession patterns and atypical succession patterns, including generational inversion and equals across generations.

The purpose of this paper is to understand better the formation of an industry and the movement toward agglomeration by examining the development of the furniture manufacturing industry of Western North Carolina and Virginia.

In this general review, the initiation and growth of the furniture industry is traced, applying the theory of agglomeration and noting isomorphic tendencies and the primacy of the search for legitimacy among constituents.

The paper finds first of all, the pioneering efforts of Thomas Wrenn in High Point brought the industry to the region. An initial wave of furniture manufacturers followed closely behind Wrenn as the industry gained legitimacy and status in North Carolina. Important elements in building the industry included the establishment of the Southern Furniture Manufacturers Association and the Southern Furniture Market in High Point. A second wave of furniture producers arrived on the scene after the First World War. This group benefited from cooperative actions of the survivors of the first wave and brought the Western North Carolina and Virginia area to the forefront of the furniture manufacturing industry in the USA. Finally, the paper comments on the current state of the industry in relation to the threat of foreign competition.

The furniture industry is not alone in the need to understand the impact of globalization. Practitioners and researchers alike should be aware of the costs to stakeholder groups, such as employees and local communities.

The purpose of this paper is to examine the experiences of family business owners in an externally induced crisis from a resource-based perspective.

The paper employs a qualitative case study approach involving 22 firms.

In the aftermath of the BP oil spill, a series of ripple effects impacted family firms both negatively and positively. The paper outlines five ways that family firms may improve company performance in crisis situations.

Although our study is rich in qualitative detail, it is important to recognize that the BP oil spill represents a unique crisis context and caution should be exercised in generalizing the study's findings.

While ripple effects may be powerful at the industry and industry sub-group level, the paper provides evidence that family firms may overcome these external effects using one or more of five strategic initiatives: strong networking relationships, idiosyncratic local knowledge, flexibility, rapid response, and exercising trust with caution.

The study validates the potential utility of a ripple effect model in the study of family businesses and externally induced crises. It has the potential to contribute to improving management response.

The purpose of this paper is to better understand the development and implementation of shared leadership in multi‐generational family firms. Shared leadership or family top management teams involve multiple family members in the top management and ownership of family firms.

A qualitative case study approach was employed, using in‐depth interviews of the top managers of four family businesses. Each case was analyzed separately, and emergent themes found in each case; and then generalizations were made across the four cases in the cross‐case analysis.

Eight factors or conditions were examined that affect shared leadership in multi‐generational family firms according to the respondents – long‐term orientation, close communication and shared understanding, resistance to change, succession planning, failure to release control, reporting relationship confusion, increased decision time, and higher decision quality. The result of this study is the production of eight propositions to build theory concerning shared leadership, which is an under‐researched area for family business studies.

This paper is rich in qualitative detail, but with all such case study research, its limitations regarding sample size are recognized.

This paper views shared leadership as a growing phenomenon that incumbent family business leaders should consider as a viable alternative to primogeniture or the choice of a single successor.

The study described in this paper is groundbreaking in that it examines shared leadership or the development and implementation of top management teams in family firms in depth and detail. The paper contributes a balanced view of the implementation of shared leadership in family firms, exploring both the positive and negative aspects.

The purpose of this paper is to examine why social entrepreneurs in the USA choose to operate an entirely fair trade business and the factors that affect fair trade social entrepreneurship. Fair trade seeks to benefit producers in developing countries by providing a market for their goods in developed countries. Fair trade enables all parties in the supply chain to make living wages and/or a profit.

Using a qualitative multiple case study approach of social entrepreneurs in 35 US fair trade companies, the authors develop a model and nine propositions to explain the findings.

The authors identify three primary motivational factors (ethical belief, religious faith, and business values), four contributory factors that strengthen fair trade engagement (family member involvement, the trend toward for profit status, industry professionalism, and consumer education), and three negative factors that work to discourage involvement (loss of identity, lack of industry consensus, and the shortage of retailers). The authors conclude by using the findings to consider the future of US fair trade social entrepreneurship.

The authors recognize limitations due to the sample size.

The authors believe that fair trade is worthy of further study and increased awareness.

Increased awareness of fair trade may lead to better consumer buying decisions.

The authors contribute to the development of theory in the study of fair trade, which has rarely been studied in the context of US social entrepreneurs.

The purpose of this case study is to examine the impact of regional culture and family dynamics on firm survival and longevity. Secondary issues include operations management in a retail grocery, hardware, and building supply store.

The author performed in‐depth qualitative interviews with the business owners and visited on site. The tape‐recorded interviews followed a formal list of questions, but were semi‐structured in nature.

Although the store was remotely located, wise management and intelligent leadership have contributed to business success and survival into the fourth generation of family ownership.

As an exploratory qualitative case study, there are limitations concerning generalizability. Additionally, the findings here relate particularly to small family businesses.

Family firms possess a business side and a family side. In this case, success factors on the business side included merchandising skills, responsiveness to customer needs, profitable sales margins, and reinvestment in facilities. On the family side, success factors included harmonious relations among family members, the incumbent leaders’ desire for succession to occur, incumbent leaders’ financial forbearance or sacrifice, solid education of successors, mentoring of the next generation, and willing and able successors.

This case analyzed characteristics that lead to long term survival, examined the process of succession, and assessed the two‐sided nature – business side and family side – of a small family business.

In the last four years, since Volume I of this Bibliography first appeared, there has been an explosion of literature in all the main functional areas of business. This wealth of material poses problems for the researcher in management studies — and, of course, for the librarian: uncovering what has been written in any one area is not an easy task. This volume aims to help the librarian and the researcher overcome some of the immediate problems of identification of material. It is an annotated bibliography of management, drawing on the wide variety of literature produced by MCB University Press. Over the last four years, MCB University Press has produced an extensive range of books and serial publications covering most of the established and many of the developing areas of management. This volume, in conjunction with Volume I, provides a guide to all the material published so far.

Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management Volumes 8‐17; Structural Survey Volumes 8‐17.

Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.