{"title":"The role of the family and the institutional context for ambidexterity in Latin American family firms","authors":"Fernanda Canale , Claudio Müller , Eddy Laveren , Bart Cambré","doi":"10.1016/j.jfbs.2023.100567","DOIUrl":null,"url":null,"abstract":"<div><p>Organizational ambidexterity —the ability to simultaneously engage in exploration and exploitation— is an important characteristic of firms that are interested in pursuing continuity. One of the prevalent goals of family firms is continuity. Thus, there is great interest in understanding ambidexterity and the factors that promote this behavior within family firms. Although there is some research that has explored this topic, there is a limited understanding regarding which family factors drive ambidexterity, how they influence it, and the role of the context in this process. We conducted a study with 21 Latin American family firms to better understand the family factors that play a role in the strategic orientation towards ambidexterity of family firms and the conditions under which these family factors matter. Our findings indicate that family maturity and family social responsibility are two family factors that drive the ambidextrous orientation of family firms when they help the family business develop dynamic capabilities. Additionally, the institutional context also influences how business families implement and use these capabilities to enhance their ambidextrous orientations. We discuss the implications of our findings for theory and future research.</p></div>","PeriodicalId":47661,"journal":{"name":"Journal of Family Business Strategy","volume":null,"pages":null},"PeriodicalIF":9.5000,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Family Business Strategy","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1877858523000165","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
Organizational ambidexterity —the ability to simultaneously engage in exploration and exploitation— is an important characteristic of firms that are interested in pursuing continuity. One of the prevalent goals of family firms is continuity. Thus, there is great interest in understanding ambidexterity and the factors that promote this behavior within family firms. Although there is some research that has explored this topic, there is a limited understanding regarding which family factors drive ambidexterity, how they influence it, and the role of the context in this process. We conducted a study with 21 Latin American family firms to better understand the family factors that play a role in the strategic orientation towards ambidexterity of family firms and the conditions under which these family factors matter. Our findings indicate that family maturity and family social responsibility are two family factors that drive the ambidextrous orientation of family firms when they help the family business develop dynamic capabilities. Additionally, the institutional context also influences how business families implement and use these capabilities to enhance their ambidextrous orientations. We discuss the implications of our findings for theory and future research.
期刊介绍:
The Journal of Family Business Strategy takes an international perspective, providing a platform for research that advances our understanding of family businesses. Welcoming submissions across various dimensions, the journal explores the intricate interplay between family dynamics and business operations, contributing new insights to this specialized field.