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Family firms, alliance governance and mutual knowledge creation

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journal contribution
posted on 30.04.2020 by Ricarda Bouncken, Mathew Hughes, Martin Ratzmann, Beate Cesinger, Robin Pesch
For family firms, alliances represent a form of heightened entrepreneurial risk-taking. However, a dearth of research exists on the implications of forms of alliance governance for family firms. In a study of 939 non-equity alliances of family and non-family firms, we analyse how contracts and trust influence mutual knowledge creation. Both contract completeness and trust assist non-family firms in knowledge creation. However, family firms rely on high levels of trust for the creation of knowledge. Knowledge creation suffers when family firms encounter very complete contracts tied to attempts at high levels of trust. The negative interaction effect is especially strong for non-owner-run family firms.

History

School

  • Business and Economics

Department

  • Business

Published in

British Journal of Management

Publisher

John Wiley & Sons Ltd on behalf of British Academy of Management

Version

VoR (Version of Record)

Rights holder

© The Authors

Publisher statement

This is an open access article under the terms of the Creative Commons Attribution‐NonCommercial‐NoDerivs License (https://creativecommons.org/licenses/by-nc-nd/4.0/), which permits use and distribution in any medium, provided the original work is properly cited, the use is non‐commercial and no modifications or adaptations are made.

Acceptance date

27/04/2020

Publication date

2020-05-27

Copyright date

2020

ISSN

1045-3172

eISSN

1467-8551

Language

en

Depositor

Prof Mat Hughes Deposit date: 29 April 2020

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