close
test_template

Micro-foundations of Dynamic Alliance Portfolio Management Capabilities in Enterprising Family Smes

Human-Written
download print

About this sample

About this sample

close
Human-Written

Words: 462 |

Page: 1|

3 min read

Published: Aug 16, 2019

Words: 462|Page: 1|3 min read

Published: Aug 16, 2019

Enterprising Family SMEs

As hitherto articulated, the context of this study is growth-oriented multigenerational small and medium-sized family enterprises. These enterprises are herein labelled as – Enterprising Family SMEs (E.F.SMEs). E.F.SMEs are representative of well-established growth-oriented multigenerational small and medium-sized family enterprises that ideally aim to achieve above average sustained economic rent accumulation within their operational markets. As such, they are customarily characterised by a committed devotion towards continuously enhancing sustained entrepreneurial growth. Commonly, these enterprises enhance the likelihood of achieving this inherent ambitious objective by nurturing a dedicated attitude towards exceptional long-term socio-economic orientations (throughout multiple generations) and inculcating a distinct culture that profoundly embraces innovation and entrepreneurship. In this vein, owing to the aforementioned unique characteristics, in conjunction with these enterprises' related endogenous entrepreneurial processes (i.e., enterprise-level micro-foundations) that facilitate the building of dynamic alliance portfolio management capabilities – their likelihood to achieve sustained entrepreneurial growth in comparison to their industry counterparts/competitors could be compellingly enhanced. These industry counterparts/competitors comprise lifestyle family firms and non-family firms, respectively. Comparatively, lifestyle family firms most commonly differ from E.F.SMEs as relates to their pronounced inclination of preserving socioemotional wealth (SEW) that in essence, is largely non-economically oriented in nature. Overall, this study depicts a family enterprise as one whereby the family wields a significant ownership stake, is involved in firm governance, and exhibits a vision for how the firm will potentially benefit the family across multiple generations. This choice of depicting a family enterprise is guided by the study's focus on corporate level strategies related to the enterprise-level micro-foundations that facilitate the building of dynamic alliance portfolio management capabilities – within the investigated enterprises.

Accordingly, E.F.SMEs are drawn upon to find answers to the study's overarching research problem because in comparison to large established enterprises, they most commonly incorporate diverse arrays of prolonged non-equity based strategic partnerships and relationships (herein, alliance portfolios) to gain access to an assortment of new market and technological knowledge resources (in tacit and explicit form) - as a key platform for enhancing sustained entrepreneurial growth. Of importance, knowledge is herein regarded as constituting the most strategically significant resource for an enterprise in relation to successfully enhancing sustained entrepreneurial growth.

Get a custom paper now from our expert writers.

Notably, E.F.SMEs usually endow the strategic capacity of incorporating diverse arrays of prolonged non-equity based alliance portfolios owing to their heightened strategic flexibility in comparison to their lager firm counterparts. More specific to these enterprises' strategic flexibility, this pervasive mode of enhancing sustained entrepreneurial growth initiatives by incorporating arrays of alliance portfolios is customarily occasioned by a devotion towards sustaining transgenerational wealth. Transgenerational wealth constitutes E.F.SMEs commitments towards generating and sustaining above average socio-economic returns across many generations. This commitment customarily involves investing heavily in establishing seemingly inimitable intangible resources, which is depicted as robust organisational social capital (R.OSC) in this study.

Image of Prof. Linda Burke
This essay was reviewed by
Prof. Linda Burke

Cite this Essay

Micro-foundations of Dynamic Alliance Portfolio Management Capabilities in Enterprising Family Smes. (2019, August 08). GradesFixer. Retrieved November 12, 2024, from https://gradesfixer.com/free-essay-examples/micro-foundations-of-dynamic-alliance-portfolio-management-capabilities-in-enterprising-family-smes/
“Micro-foundations of Dynamic Alliance Portfolio Management Capabilities in Enterprising Family Smes.” GradesFixer, 08 Aug. 2019, gradesfixer.com/free-essay-examples/micro-foundations-of-dynamic-alliance-portfolio-management-capabilities-in-enterprising-family-smes/
Micro-foundations of Dynamic Alliance Portfolio Management Capabilities in Enterprising Family Smes. [online]. Available at: <https://gradesfixer.com/free-essay-examples/micro-foundations-of-dynamic-alliance-portfolio-management-capabilities-in-enterprising-family-smes/> [Accessed 12 Nov. 2024].
Micro-foundations of Dynamic Alliance Portfolio Management Capabilities in Enterprising Family Smes [Internet]. GradesFixer. 2019 Aug 08 [cited 2024 Nov 12]. Available from: https://gradesfixer.com/free-essay-examples/micro-foundations-of-dynamic-alliance-portfolio-management-capabilities-in-enterprising-family-smes/
copy
Keep in mind: This sample was shared by another student.
  • 450+ experts on 30 subjects ready to help
  • Custom essay delivered in as few as 3 hours
Write my essay

Still can’t find what you need?

Browse our vast selection of original essay samples, each expertly formatted and styled

close

Where do you want us to send this sample?

    By clicking “Continue”, you agree to our terms of service and privacy policy.

    close

    Be careful. This essay is not unique

    This essay was donated by a student and is likely to have been used and submitted before

    Download this Sample

    Free samples may contain mistakes and not unique parts

    close

    Sorry, we could not paraphrase this essay. Our professional writers can rewrite it and get you a unique paper.

    close

    Thanks!

    Please check your inbox.

    We can write you a custom essay that will follow your exact instructions and meet the deadlines. Let's fix your grades together!

    clock-banner-side

    Get Your
    Personalized Essay in 3 Hours or Less!

    exit-popup-close
    We can help you get a better grade and deliver your task on time!
    • Instructions Followed To The Letter
    • Deadlines Met At Every Stage
    • Unique And Plagiarism Free
    Order your paper now