The “open family firm”: openness as boundary work in family enterprises

INNOVATION L21 Openness Corporate Culture; Social Responsibility Organizational boundaries SOCIOEMOTIONAL WEALTH COLLABORATION Social networks Ecosystems m14 - "Corporate Culture; Social Responsibility" and Uncertainty: General Social capital Boundary work Entrepreneurial family Information 0502 economics and business l21 - Business Objectives of the Firm FIELD AGENDA d80 - Information L14 Open innovation M14 ddc:330 l14 - "Transactional Relationships; Contracts and Reputation; Networks" 05 social sciences Transactional Relationships; Contracts and Reputation; Networks GOVERNANCE Business Objectives of the Firm PERFORMANCE Collaboration Family business Knowledge DIRECTORS D8 BEHAVIOR
DOI: 10.1007/s11187-022-00664-z Publication Date: 2022-08-15T12:02:35Z
ABSTRACT
Abstract “Openness” has become an established norm in the contemporary business environment. However, despite the crucial importance of boundaries and boundary work in organization and management theory, openness—as opening up boundaries of family firms and entrepreneurial families in collaborating with external actors—has received only nascent attention in the family business domain. We introduce the notion of openness in the family business field. Drawing on the organizational boundary and family business literatures, we develop a conceptual framework of family firm openness as boundary work and examine and discuss the drivers, mechanisms, and consequences of openness in family enterprises. Then, drawing on this framework, we set out an agenda for future research that will contribute to a better understanding of openness, boundaries, and boundary work in family firms and entrepreneurial families. We conclude by discussing some contemporary examples of research on the “open family firm.”
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