RT info:eu-repo/semantics/article
T1 Strategic management in family business. The missing concept of the familiness learning mechanism
A1 Basco, Rodrigo
A1 Barros Contreras, Ismael Segundo
A1 Martín Cruz, Teresa Natalia
A1 Hernangómez Barahona, Juan José
K1 Empresas familiares
K1 Gestión de empresas
K1 Familines learning mechanism
K1 Mecanismo de aprendizaje familiar
K1 Knowledge accumulation
K1 Acumulación de conocimiento
K1 Social knowledge integration
K1 Integración del conocimiento social
K1 Socioemotional knowledge retention
K1 Retención del conocimiento socioemocional
K1 Family firm
K1 Compañía familiar
K1 5311 Organización y Dirección de Empresas
AB Purpose –The purpose of this article is to provide a comprehensive understanding of the roots of family firms’competitive advantages by defining and testing the familiness learning mechanisms that emerge from theinteraction between family and firm. Because family members are economically, emotionally and sociallyattached to the firm, family firms are expected to be able to develop unique and difficult to imitate learningmechanisms related to family firm value creation.Design/methodology/approach – This study operationalizes and tests the concept of the familinesslearning mechanism using a sample of nonlisted Spanish family firms. The sample is analyzed using thestructural equation modeling method.Findings – Results show that family firms’ ability to accumulate internal and external knowledge, integratesocial knowledge, as well as create and retain socioemotional knowledge forms the concept of the familinesslearning mechanism, and the authors show what implications it might have for family firm value creation.Originality/value – By using the dynamic capabilities approach, this article highlights the importance of theknowledge and learning derived from family involvement in the firm. The creation of learning mechanismsoccurs because of the close relationships between family members and their simultaneous participation in thefamily and in the company systems, which creates a unique context wherein knowledge and learning emerge inan idiosyncratic manner
PB Emerald
SN 2043-6238
YR 2020
FD 2020
LK http://uvadoc.uva.es/handle/10324/45477
UL http://uvadoc.uva.es/handle/10324/45477
LA eng
NO Journal of family business Management, 2020
NO Producción Científica
DS UVaDOC
RD 22-nov-2024