Achieving Sustained Competitive Advantage: A Family Capital Theory

By James J. Hoffman, Mark L. Hoelscher, R. Sorenson. 2006

385 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/85e023382bccf5f578669877c04058ad281b5245

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Citations in the corpus

Innovation in family and non-family businesses: a resource perspective (2010, background): “Social capital is a term that comes from the sociology literature (Putnam, 1993) and is defined as the resources that exist in relationships among people (Hoffman et al., 2006).”
Owner‐Management, Firm Age, and Productivity in Italian Family Firms (2014, background): “…counterparts Other theories have been employed to explain the positive performance of family businesses, including stewardship theory (Donaldson and Davis, 1991; Miller et al., 2008) and the concepts of “familiness” (Habbershon and Williams, 1999) and family capital (Hoffman et al., 2006).”
Image and reputation of family firms: a systematic literature review of the state of research (2018, background): “Long-term orientation (Huybrechts et al. 2011; Iyer 1999; Le Breton-Miller and Miller 2006, 2015), social ties (Hoffman et al. 2006; Huybrechts et al. 2011; Iyer 1999) and ethical values (Hoffman et al. 2006; Iyer 1999) are identified as additional drivers of image and reputation building.”
Social Entrepreneurial Intention Formation of Corporate Volunteers (2013, background): “More specific, social norms represent internalized agreements on accepted and expected behaviors in a social system and serve as social-control mechanisms for decision-making processes within corporations (Grichnik, Koropp, and Kellermanns 2011; Hoffman, Hoelscher, and Sorenson 2006).”
How Familial Is Family Social Capital? Analyzing Bonding Social Capital in Family and Nonfamily Firms (2018, background): “According to the literature on social capital, tacit knowledge is more easily available and shared where there are family ties relative to nonfamily ties (Sirmon & Hitt, 2003), because of the shared vision, common language, and strong, enduring relationships that family members often have (Hoffman e”
Family Capital of Family Firms (2009, background): “Hoffman et al. (2006) noted that only two of three components of social capital pertain to family capital, namely, structural and relational components.”
Financial Decision Making in Family Firms (2014, background): “Family norms serve as social control mechanisms for decision-making processes in family firms (Hoffman et al., 2006), especially when decisions involve the management of resources (Aldrich & Cliff, 2003; Sirmon & Hitt, 2003).”