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Review of Managerial Science

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01.03.2015 | Original Paper

Navigating a family business through a changing environment: findings from a longitudinal study

verfasst von: Sabine Reisinger, Johannes M. Lehner

Erschienen in: Review of Managerial Science | Ausgabe 2/2015

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Abstract

In dynamic and highly competitive markets firms need to master qualitative changes effectively and efficiently in order to survive, let alone grow successfully. Drawing on the resource based view and family business research and a longitudinal case study this paper provides insights into how entrepreneurs and managers exploit market potentials, master challenges, and integrate change throughout the organization simultaneously. The results suggest that the ability to act quickly, based on the division of labour and of responsibilities, a shared vision, mutual trust, and veto-power on fundamental issues might represent a dynamic capability which may lead to competitive advantages in dynamic environments. Family-governed firms appear to have advantages in this respect.

Vorheriger Artikel The effect of return migration driven social capital on SME internationalisation: a comparative case study of IT sector entrepreneurs in Central and Eastern Europe

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Titel: Navigating a family business through a changing environment: findings from a longitudinal study
verfasst von: Sabine Reisinger
Johannes M. Lehner
Publikationsdatum: 01.03.2015
Verlag: Springer Berlin Heidelberg
Erschienen in: Review of Managerial Science / Ausgabe 2/2015
Print ISSN: 1863-6683
Elektronische ISSN: 1863-6691
DOI: https://doi.org/10.1007/s11846-014-0163-3

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