The Role of Family Influence in Firms' Strategic Responses to Threat of Imitation

20 Pages Posted: 27 Oct 2008

See all articles by David G. Sirmon

David G. Sirmon

Texas A&M University

Jean‐Luc Arregle

EM LYON Business School

Michael A. Hitt

Texas A&M University - Department of Management; Texas Christian University

Justin W. Webb

Oklahoma State University - Stillwater

Abstract

We integrate theory on the resource-based view and threat rigidity with family business research to explain the role family influence plays in responding to threats of imitation. As opposed to family control, we find that family influence affects resource management actions taken in response to threats of imitation. Specifically, results show that R&D investment and internationalization actions mediate the relationship between imitability and performance. However, we find that family-influenced firms are less rigid in their responses to such threats, reducing R&D and internationalization significantly less than firms without family influence.

Suggested Citation

Sirmon, David G. and Arregle, Jean-Luc and Hitt, Michael A. and Webb, Justin W., The Role of Family Influence in Firms' Strategic Responses to Threat of Imitation. Entrepreneurship Theory and Practice, Vol. 32, Issue 6, pp. 979-998, November 2008. Available at SSRN: https://ssrn.com/abstract=1287813 or http://dx.doi.org/10.1111/j.1540-6520.2008.00267.x

David G. Sirmon (Contact Author)

Texas A&M University ( email )

430 Wehner
College Station, TX 77843-4218
United States

Jean-Luc Arregle

EM LYON Business School ( email )

23 Avenue Guy de Collongue
Ecully, 69132
France

Michael A. Hitt

Texas A&M University - Department of Management ( email )

430 Wehner
College Station, TX 77843-4218
United States
979-458-3393 (Phone)

Texas Christian University ( email )

Fort Worth, TX 76129
United States

Justin W. Webb

Oklahoma State University - Stillwater ( email )

Stillwater, OK 74078-0555
United States

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