The Relationship between Entrepreneurial Alertness and Interfamilial Succession: The Analysis of Questionnaire Survey of Small and Medium-sized Enterprises in Kita-Kanto region
This study examined how the Entrepreneurial Alertness (EA) of Small and Medium-sized Enterprises (SMEs) managers affected strategic decision-making efforts and firm performance under COVID-19 pandemic situation. This study simultaneously focused on the managers’ interfamilial successor charact...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | Japanese |
| Published: |
The Academic Association for Organizational Science
2022-09-01
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| Series: | AAOS Transactions |
| Subjects: | |
| Online Access: | https://www.jstage.jst.go.jp/article/aaostrans/11/1/11_190/_pdf/-char/ja |
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| Summary: | This study examined how the Entrepreneurial Alertness (EA) of Small and
Medium-sized Enterprises (SMEs) managers affected strategic decision-making efforts
and firm performance under COVID-19 pandemic situation. This study simultaneously
focused on the managers’ interfamilial successor characteristic to study antecedents of
EA which have been calling for further clarifications in empirical research. The data was
taken from a questionnaire survey for SMEs in Kita-Kanto region and examined by
Structural Equation Modeling. The results showed positive relationship among EA, firm
performance, and strategic decision-making efforts. On the other hand, the interfamilial
successor characteristic was found to have negative impact on EA. The findings from this
study contributed to both academic and managerial fields. For academic field, our results
would lead to further elucidation of EA antecedents. For managerial field, there are
multiple implications for SMEs struggling to secure and train next generation’s manager
with EA. |
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| ISSN: | 2758-2795 |