Family Firms and Entrepreneurial Orientation in Publicly Traded Firms
分析了标准普尔500指数公司中家族与非家族企业在创业导向五个维度上的差异，发现家族企业在所有维度上都表现出创业导向，但在自主性、主动性和风险承担方面使用的语言少于非家族企业。
There is considerable disagreement about whether family firm characteristics hinder or support entrepreneurial activities. This article highlights the existence of an entrepreneurial orientation in family firms, and it examines differences between family and nonfamily firms on the entrepreneurial orientation dimensions of autonomy, competitive aggressiveness, innovativeness, proactiveness, and risk taking, using content analysis of shareholder letters from S&P 500 firms. As such, family firms exhibit language consistent with an entrepreneurial orientation for all dimensions but use less language than that of nonfamily firms in relation to autonomy, proactiveness, and risk taking.