Resource Configuration in Family Firms: Linking Resources, Strategic Planning and Environmental Dynamism to Performance

Posted: 4 Nov 2009

See all articles by Ravi Sarathy

Ravi Sarathy

Northeastern University - International Business & Strategy

Kimberly A. Eddleston

Northeastern University - Entrepreneurship and Innovation

Franz Willi Kellermanns

affiliation not provided to SSRN

Date Written: 2005

Abstract

In this study, family firms are studied from a resource-based view (RBV), examining how both technological resources and altruism contribute to family firm performance.The literature on RBV is presented, as are four hypotheses based on the RBV assets of technology, family, strategic planning, and environmental dynamism. Using a questionnaire survey, data from 74 family businesses (n=126) that were on mailing lists at the family business centers of two universities were gathered.A multiple regression analysis was used to analyze the data. The data analysis significantly supported the positive relationship between both technological resources and altruism and family firm performance.The results also indicated a significant interaction between strategic planning and technological resources, as well as between environmental dynamism and altruism.The implications of these findings are discussed, as are areas of future research. (AKP)

Keywords: Environmental dynamism, Technological resources, Strategic planning, Market resources, Family firms, Altruism, Firm performance

Suggested Citation

Sarathy, Ravi and Eddleston, Kimberly and Kellermanns, Franz Willi, Resource Configuration in Family Firms: Linking Resources, Strategic Planning and Environmental Dynamism to Performance (2005). Entrepreneurship in a Diverse World, Vol. , 8 pp 2005. Available at SSRN: https://ssrn.com/abstract=1497784

Ravi Sarathy (Contact Author)

Northeastern University - International Business & Strategy ( email )

Boston, MA 02115
United States

Kimberly Eddleston

Northeastern University - Entrepreneurship and Innovation ( email )

Boston, MA 02115
United States

Franz Willi Kellermanns

affiliation not provided to SSRN ( email )

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