Learning the ropes of entrepreneurship: understanding internal corporate venturing for family firms from an entrepreneurial learning perspective

Conrad Wiedeler () and Nadine Kammerlander ()
Additional contact information
Conrad Wiedeler: WHU – Otto Beisheim School of Management
Nadine Kammerlander: WHU – Otto Beisheim School of Management

Review of Managerial Science, 2021, vol. 15, issue 3, No 5, 669-703

Abstract: Abstract Future firm managers must build up entrepreneurial capabilities to ensure the long-term survivability of their firms. Anecdotal evidence as well as recent scholarly work, especially of family firms, indicate that internal corporate venturing might foster such capabilities; yet they also reveal substantial challenges associated with conducting such activities. Based on entrepreneurship, entrepreneurial learning, and family business research, we conceptually develop a framework on contingency factors under which internal corporate venturing activities of future (family-internal) firm managers foster—or impede—the development of entrepreneurial capabilities beyond traditional classroom education. In particular, we focus our discussion on attributes related to the (next gen) family manager, the family support, and the venture-family firm relationship. We also link our theorizing to existing theories on entrepreneurial learning. Our conceptual article contributes to our understanding of entrepreneurial learning, corporate entrepreneurship, and family business.

Keywords: Entrepreneurial learning; Family firms; Internal corporate venturing; Transgenerational entrepreneurship (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://link.springer.com/10.1007/s11846-019-00354-3 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:rvmgts:v:15:y:2021:i:3:d:10.1007_s11846-019-00354-3

Ordering information: This journal article can be ordered from
http://www.springer.com/business/journal/11846

DOI: 10.1007/s11846-019-00354-3

Access Statistics for this article

Review of Managerial Science is currently edited by R. Ewert and W. Kürsten

More articles in Review of Managerial Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().