Harmony Unleashed: Crafting a Sustainable Future through Entrepreneurial Mastery in Moroccan Family Firms
Harmony Unleashed: Crafting a Sustainable Future through Entrepreneurial Mastery in Moroccan Family Firms
Author(s): Azzeddine Allioui, Badr Habba, Taib Berrada El AziziSubject(s): Business Economy / Management, Socio-Economic Research
Published by: Scientia Moralitas Research Institute
Keywords: sustainability; entrepreneurial orientation; family business; innovation
Summary/Abstract: This study examines the ways in which certain attributes of family-owned enterprises facilitate their concurrent pursuit of sustainability and entrepreneurial orientations, hence giving rise to a distinct approach to innovation. The research concludes, using semi-structured interviews and an examination of nine creative and sustainable family businesses, that although certain family features encourage exploitation and others promote exploration, others enable both. The study indicates that these attributes function synergistically to fortify one another, facilitating the perpetuation and rejuvenation of family enterprises. The results give fresh perspectives on the distinctive capacity of certain family-owned enterprises to harmonize entrepreneurial and environmental objectives and suggest pathways for extrapolating these findings to companies possessing comparable attributes.
Journal: SCIENTIA MORALITAS - International Journal of Multidisciplinary Research
- Issue Year: 9/2024
- Issue No: 1
- Page Range: 33-47
- Page Count: 15
- Language: English