n South African Journal of Economic and Management Sciences - Where the two logics of institutional theory and entrepreneurship merge : are family businesses caught in the past or stuck in the future?
|Article Title||Where the two logics of institutional theory and entrepreneurship merge : are family businesses caught in the past or stuck in the future?|
|© Publisher:||University of Pretoria|
|Journal||South African Journal of Economic and Management Sciences|
|Affiliations||1 Jonkoping International Business School, Sweden and 2 Lund University, Sweden|
|Publication Date||Jan 2013|
|Pages||452 - 467|
|Keyword(s)||Entrepreneurial activities, Family business, Institutional theory, Legitimacy, M10 and Wine farms|
ISI Social Science
The aim of this article is to investigate how owners of family businesses combine their traditional heritage with changes in a new competitive arena. This is done by allowing the owners and managers of six vineyards to give voice to their concerns about the past, present, and future. The findings suggest that family businesses in the South African wine industry are subject to a process of institutionalisation in which entrepreneurial activities, which are part of this process, may not be as entrepreneurial as they appear at first. It is found that the two forms of logic behind the institutionalisation of the family firm and entrepreneurial activities in the context of the post-apartheid era can be successfully merged. Theoretical and practical implications bring the article to a close.
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