%0 Journal Article
%T A Typology of Family Firms: An Investigation of Entrepreneurial Orientation and Performance
%A Franz W. Kellermanns
%A Laura J. Stanley
%A Mar¨ªa Concepci¨®n L¨®pez-Fern¨¢ndez
%A Remedios Hern¨¢ndez-Linares
%J Family Business Review
%@ 1741-6248
%D 2019
%R 10.1177/0894486519838120
%X Drawing on family firm heterogeneity research, we develop a typology of family firms using differences in family influence and firm life cycle. We offer hypotheses regarding the relationships between the different firm types and two important outcomes: Entrepreneurial orientation (EO) and performance. Applying latent profile analysis to a sample of 684 Spanish and Portuguese family firms using variables related to family influence (i.e., ownership, family CEO) and firm life cycle (i.e., generational management, size, and presence of board of directors), we find four family firm types, which differentially affect EO and performance. Implications of our findings for EO, family firm performance, and the development of family firm typologies are discussed
%K entrepreneurial orientation
%K entrepreneurship
%K factor/cluster/multidimensional scaling
%K analytical methods
%K latent profile analysis
%K family firm heterogeneity
%K family firm taxonomies
%U https://journals.sagepub.com/doi/full/10.1177/0894486519838120