Abstract
This paper identifies the thinking patterns necessary for nonfamily employees to work effectively within family businesses. Herein, we use transaction cognition theory (Mitchell, R.K., 2001) to systematically identify the extent of cognitive complexity experienced by nonfamily employees, and thereby highlight factors within the cognitive situation that can improve family/nonfamily compatibility and effectiveness. We conclude with a discussion of the transaction cognition theory contribution to theory building.
Original language | English |
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Pages (from-to) | 533-551 |
Number of pages | 19 |
Journal | Journal of Business Venturing |
Volume | 18 |
Issue number | 4 |
DOIs | |
State | Published - Jul 2003 |
Keywords
- Cognition
- Family business
- Family business systems
- Nonfamily employees
- Transaction cognition theory