RT info:eu-repo/semantics/article
T1 The Combinations of Market and Non-Market Strategies That Facilitates Family Firm Survival
A1 Basco, Rodrigo
A1 Rodríguez Escudero, Ana Isabel
A1 Martín Cruz, Teresa Natalia
A1 Barros Contreras, Ismael Segundo
K1 Empresas familiares
K1 Gestión de empresas
K1 Family business
K1 Empresa familiar
K1 Family firm survival
K1 Supervivencia de la compañia familiar
K1 Non-market strategy
K1 Estrategia de no-mercado
K1 Market strategy
K1 Estrategia de mercado
K1 Estrategia de empresa familiar
K1 Family business strategy
K1 5311 Organización y Dirección de Empresas
AB Even though family firms are characterized by an overlap between thefamily and business systems, family business research has focused separatelyon how family firms compete (i. e., strategic behavior) and how families areinvolved their firms (i. e., types of family orientation). With the aim of closingthis research gap, we draw on the heterogeneity principle of family firms and theequifinality principle of the configurative approach to conjecture that familyfirms can successfully adjust their strategic behavior and family businessorientation in a variety of ways to enhance their likelihood of survival. Wefollow a sample of Spanish family firms over an 11-year period (2004–2015) totest our model. Based on the Kaplan–Meier survival estimator and the Coxproportional hazard model, we find that survival likelihood is higher when firmscombine a differentiation strategy with a business-first or a family-enterprisefirst orientation or when firms follow a low-cost strategy with a family-firstorientation.
PB De Gruyter
SN 2157-5665
YR 2020
FD 2020
LK http://uvadoc.uva.es/handle/10324/45476
UL http://uvadoc.uva.es/handle/10324/45476
LA eng
NO Entrepreneurship Research Journal, 2020.
NO Producción Científica
DS UVaDOC
RD 29-may-2024