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Managing the tradition and innovation paradox in family firms: A family imprinting perspective

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Managing the tradition and innovation paradox in family firms: A family imprinting perspective. / Erdogan, I.; Rondi, Emanuela; De Massis, Alfredo Vittorio.
In: Entrepreneurship Theory and Practice, Vol. 44, No. 1, 01.01.2020, p. 20-54.

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Erdogan I, Rondi E, De Massis AV. Managing the tradition and innovation paradox in family firms: A family imprinting perspective. Entrepreneurship Theory and Practice. 2020 Jan 1;44(1):20-54. Epub 2019 Apr 19. doi: 10.1177/1042258719839712

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@article{fcd583b35fc94340a8603ffef3eb2792,
title = "Managing the tradition and innovation paradox in family firms: A family imprinting perspective",
abstract = "Long-established family firms are endowed with a bundle of beliefs and practices that constitute their tradition. However, to remain competitive, they need to renew their products and production processes. Such forces pulling toward the past and the future, antithetically calling for continuity and change, seem paradoxical. In an abductive analysis of eight long-established family firms in Turkey, we identify four equifinal strategies to manage this paradox. Adopting a family imprinting perspective, we theorize how the long-lasting legacy of previous family generations shapes different approaches to innovation and tradition depending on the content imprinted on the current family generation. Contributing to family business, imprinting and innovation research, we identify the new construct of temporal symbiosis as a firm{\textquoteright}s simultaneous adoption of retrospective and prospective approaches to using its resources to concurrently perpetuate tradition and achieve innovation, highlighting its crucial role as a shield of the past and engine for the future.",
keywords = "family business, tradition, innovation, imprinting, paradox, abduction",
author = "I. Erdogan and Emanuela Rondi and {De Massis}, {Alfredo Vittorio}",
note = "The final, definitive version of this article has been published in the Journal, Entrepreneurship Theory and Practice, 44 (1), 2019, {\textcopyright} SAGE Publications Ltd, 2019 by SAGE Publications Ltd at the Entrepreneurship Theory and Practice page: https://journals.sagepub.com/home/etp on SAGE Journals Online: http://journals.sagepub.com/ ",
year = "2020",
month = jan,
day = "1",
doi = "10.1177/1042258719839712",
language = "English",
volume = "44",
pages = "20--54",
journal = "Entrepreneurship Theory and Practice",
issn = "1042-2587",
publisher = "Wiley-Blackwell",
number = "1",

}

RIS

TY - JOUR

T1 - Managing the tradition and innovation paradox in family firms

T2 - A family imprinting perspective

AU - Erdogan, I.

AU - Rondi, Emanuela

AU - De Massis, Alfredo Vittorio

N1 - The final, definitive version of this article has been published in the Journal, Entrepreneurship Theory and Practice, 44 (1), 2019, © SAGE Publications Ltd, 2019 by SAGE Publications Ltd at the Entrepreneurship Theory and Practice page: https://journals.sagepub.com/home/etp on SAGE Journals Online: http://journals.sagepub.com/

PY - 2020/1/1

Y1 - 2020/1/1

N2 - Long-established family firms are endowed with a bundle of beliefs and practices that constitute their tradition. However, to remain competitive, they need to renew their products and production processes. Such forces pulling toward the past and the future, antithetically calling for continuity and change, seem paradoxical. In an abductive analysis of eight long-established family firms in Turkey, we identify four equifinal strategies to manage this paradox. Adopting a family imprinting perspective, we theorize how the long-lasting legacy of previous family generations shapes different approaches to innovation and tradition depending on the content imprinted on the current family generation. Contributing to family business, imprinting and innovation research, we identify the new construct of temporal symbiosis as a firm’s simultaneous adoption of retrospective and prospective approaches to using its resources to concurrently perpetuate tradition and achieve innovation, highlighting its crucial role as a shield of the past and engine for the future.

AB - Long-established family firms are endowed with a bundle of beliefs and practices that constitute their tradition. However, to remain competitive, they need to renew their products and production processes. Such forces pulling toward the past and the future, antithetically calling for continuity and change, seem paradoxical. In an abductive analysis of eight long-established family firms in Turkey, we identify four equifinal strategies to manage this paradox. Adopting a family imprinting perspective, we theorize how the long-lasting legacy of previous family generations shapes different approaches to innovation and tradition depending on the content imprinted on the current family generation. Contributing to family business, imprinting and innovation research, we identify the new construct of temporal symbiosis as a firm’s simultaneous adoption of retrospective and prospective approaches to using its resources to concurrently perpetuate tradition and achieve innovation, highlighting its crucial role as a shield of the past and engine for the future.

KW - family business

KW - tradition

KW - innovation

KW - imprinting

KW - paradox

KW - abduction

U2 - 10.1177/1042258719839712

DO - 10.1177/1042258719839712

M3 - Journal article

VL - 44

SP - 20

EP - 54

JO - Entrepreneurship Theory and Practice

JF - Entrepreneurship Theory and Practice

SN - 1042-2587

IS - 1

ER -