The relationships between institutionalization, corporate entrepreneurship and organizational innovation for X and Y generations: A study of born global family firms

The aim of this study is to analyze the relationships between institutionalization, institutional entrepreneurship and organizational innovation in terms of X and Y generations. The sample of the study is composed of professional managers and business owners with X and Y generations in born global family firms in Konya (n = 207). Data were obtained from the sample by questionnaire and interview. The basic question of the research is "how does institutionalization and institutional entrepreneurship affect global organizational innovation in the global family-owned enterprises according to the perceptions of X and Y generations? The data were tested with confirmatory factor analysis, regression analysis with mediator variables, regression analysis with regulatory variable, simple linear regression analysis and multiple regression analysis. According to the research findings, institutionalization and corporate entrepreneurship have positive effects on organizational innovation in terms of both Generation Y and X employees. Similarly, in terms of both generation Y and generation X, corporate entrepreneurship played a full mediation role in the relationship between institutionalization and organizational innovation, but it was found that corporate entrepreneurship did not play a regulatory role in the relationship between institutionalization and organizational innovation. Moreover, it was determined that risk and proactivity positively affect organizational innovation according to Generation Y, while strategic innovation and proactive effect positively influenced organizational innovation according to generation X. On the other hand, it was determined that the dimensions of institutionalization in terms of Generation Y did not significantly affect organizational innovation, whereas formalization, autonomy, transparency and consistency in the dimensions of institutionalization in terms of Generation X had a positive effect on organizational innovation. According to the qualitative findings obtained in the research, positive and negative factors were found in the internationalization of born global family firms. Among the positive factors, having experience, knowing foreign languages, participating in fairs abroad; Among the negative factors are domestic and foreign price differences, fluctuations in domestic cash flow. Within the scope of the research, the factors that make innovation among the enterprises are determined as taking risks, obtaining competitive advantage, product development, generating ideas, R & D activities and technology production. On the other hand, the competitive advantages of the enterprises are the production of quality goods-services, price assurance, product guarantee, branding, positive customer relations, high technology and participation in fairs. Finally, it is thought that this study contributes to the literature and application. In the conclusions and discussions section, it is stated that there are some limitations of the research and some suggestions are given to those who will do research on this subject in the future.