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A founder’s heritage: the development of psychological ownership
University of Skövde, School of Business. University of Skövde, Enterprises for the Future. (Strategiskt Entreprenörskap, Strategic Entrepreneurship)
University of Skövde, School of Business. University of Skövde, Enterprises for the Future. (Strategiskt Entreprenörskap, Strategic Entrepreneurship)ORCID iD: 0000-0002-8337-3472
2017 (English)Conference paper, Published paper (Other academic)
Abstract [en]

ObjectivesIs a founder “leaving” an organization by selling it, or are there aspects of the founder left even though, the founder does not have a formal occupation or ownership in the organization?Will there be a legacy of the founder and how will this affect the psychological ownership? What is the founder’s heritage from a psychological ownership perspective?The purpose is to understand the consequences of a business sale of the founder and from a psychological ownership perspective.

Prior WorkDrawing on the work of psychological ownership and founder heritage, the work combines important literatures to shed light on an important empirical phenomenon, i.e. the exit of a founder/entrepreneur and its consequences for the organization.

ApproachThis study follows a single case study approach and draws on rich empirical material from semi-structured interviews and extensive archival data.

ResultsWe show how central activities are affected by a founder’s heritage over long time after the formal exit has taken place. We illustrate the development of a founder’s psychological ownership before and after he has formally sold the legal ownership.

Implications and ValueThe paper aims at contributing to the entrepreneurial and founder exit-literature by adding a process perspective. Unlike it is sometimes assumed in the entrepreneurship literature is an exit not necessarily a clear-cut and once and for all decision. The paper contributes also psychological ownership literature by highlighting its continuity after the formal sale of the legal ownership and its consequences for the organization.

Place, publisher, year, edition, pages
2017.
Keyword [en]
entrepreneurial founder exit, ownership and leadership change, organizational identity, founder heritage
National Category
Economics and Business
Research subject
Strategic Entrepreneurship
Identifiers
URN: urn:nbn:se:his:diva-13561OAI: oai:DiVA.org:his-13561DiVA: diva2:1096311
Conference
13th Workshop on Family Firm Management Research Creativity and Family Businesses, Bilbao, Spain, May 25-27, 2017
Available from: 2017-05-17 Created: 2017-05-17 Last updated: 2017-06-20Bibliographically approved

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http://www.eiasm.org/UserFiles/Parallel_Sessions-Program-EIASM_FF-2017%20(1).pdf

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
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  • asciidoc
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