Parole chiave
family business
Covid-19
Entrepreneurship
Socio Emotional Wealth
successions, women, family, resilience.
Come citare
Abstract
Purpose: In this editorial, the Guest Editors introduce the key themes of the Special Issue “Crises and resilience in family firms”. The five papers here presented provide theoretical and empirical contributions to the family business field, by analysing resilience in the context of the pandemic Covid-19. Specifically, resilience is explored at the firm level through the lenses of entrepreneurship, strategic management, and innovation management literature.
Findings: Authors illustrate how family businesses managed the changes brought by the unexpected spread of the pandemic and underline how the specificities of family firms, like the preservation of SEW, a purpose driven orientation, the routinized capacity of being resilient, the care of customer relationships, the individual resilience of the entrepreneur and the specific female characteristics of successor represent a key competitive advantage of family businesses, especially if female-driven, over non-family firms.
Riferimenti bibliografici
Acquaah, M., Amoako-Gyampah, K., and Jayaram, J. (2011). Resilience in family and nonfamily firms: An examination of the relationships between manufacturing strategy, competitive strategy and firm performance. International Journal of Production Research, 49(18), 5527–5544.
Akgün, A. E., and Keskin, H. (2014). Organisational resilience capacity and firm product innovativeness and performance. International Journal of Production Research, 52(23), 6918–6937.
Amann, B., and Jaussaud, J. (2012). Family and non-family business resilience in an economic downturn. Asia Pacific Business Review, 18(2), 203–223.
Astrachan, C.B., Botero, I., Astrachan, J.H., and Prügl, R. (2018). Branding the family firm: A review, integrative framework proposal, and research agenda. Journal of Family Business Strategy, 9, 3–15.
Baron, J., and Francois, B. (2020, April 27). A Crisis Playbook for Family Businesses. Harvard Business Review.
Beech, N., Devins, D., Gold, J., and Beech, S. (2020). In the family way: an exploration of family business resilience. International Journal of Organizational Analysis, 28(1), 160-182.
Berrone, P., Cruz, C., and Gomez-Mejia, L. R. (2012). Socioemotional wealth in family firms: Theoretical dimensions, assessment approaches, and agenda for future research, Family Business Review, 25 (3), 258-279.
Cabrera-Suárez, K., De Saá-Pérez, P., and García-Almeida, D. (2001). The Succession Process from a Resource- and Knowledge-Based View of the Family Firm. Family Business Review, 14(1), 37–46.
Calabrò, A., Frank, H., Minichilli, A., and Suess-Reyes, J. (2021). Business families in times of crises: The backbone of family firm resilience and continuity. Journal of Family Business Strategy, 12(2), 100442.
Campopiano, G., De Massis, A., and Kotlar, J. (2018). Environmental jolts, family-centered non-economic goals and innovation: Toward a framework of family firm resilience. Palgrave Macmillan.
Capolupo, N. (2022), Exploring the SEW Effectiveness in Family Firms Resilience: Insights from the Pandemic, Piccola Impresa/Small Business, 2.
Casprini, E., Melanthiou, Y., Pucci, T., and Zanni, L. (2020). Managing founder-based brand identity during succession. Journal of Brand Management, 27(1), 1–14.
Chrisman, J. J., Chua, J. H., and Steier, L. P. (2011). Resilience of Family Firms: An Introduction. Entrepreneurship Theory and Practice, 35(6), 1107–1119.
Conz, E., and Magnani, G. (2020). A dynamic perspective on the resilience of firms: A systematic literature review and a framework for future research. European Management Journal, 38(3), 400-412.
Cucino, V., Ferrigno, and G., Piccaluga, A. (2022), Pursuing Innovative and Entrepreneurial Actions during Covid-19 Crisis: a Qualitative Analysis of Family Firms’ Resilience, Piccola Impresa, Small Business, 2.
Danes, S. M., Lee, J., Amarapurkar, S., Stafford, K., Haynes, G., and Brewton, K. E. (2009). Determinants of family business resilience after a natural disaster by gender of business owner. Journal of Developmental Entrepreneurship, 14(04), 333–354.
De Massis, A., and Rondi E. (2020). COVID‐19 and the future of family business research. Journal of Management Studies, 57(8), 1727-1731.
Fiorini, N., Masselli, F., Cammeo, J., and Pucci, T. (2022), Female Successor’s Resilience in Family Firms: an Inroductory Analysis Based on an Italian Case Study, Piccola Impresa/Small Business, 2.
Firfiray, S., and Gomez-Mejia, L. R. (2021). Can family firms nurture socioemotional wealth in the aftermath of Covid-19? Implications for research and practice. BRQ Business Research Quarterly, 24(3), 249-257.
Hadjielias, E., Christofi, M., and Tarba, S. (2022). Contextualizing small business resilience during the COVID-19 pandemic: evidence from small business owner-managers. Small Business Economics, 1-30.
Hamel, G., and Välikangas, L. (2003). The quest for resilience. Harvard Business Review, 81(9), 52–63, 131.
Hillmann, J. (2020). Disciplines of organizational resilience: contributions, critiques, and future research avenues, Review of Managerial Science, 15(4), 879-936.
Le Breton-Miller, I., and Miller, D. (2022). Family businesses under COVID-19: Inspiring models–Sometimes. Journal of Family Business Strategy, 13(2), 100452.
Linnenluecke, M. K. (2017). Resilience in business and management research: a review of influential publications and a research agenda. International Journal of Management Reviews, 19(1), 4–30.
Kraus, S., Clauss, T., Breier, M., Gast, J., Zardini, A., and Tiberius, V. (2020). The economics of COVID-19: initial empirical evidence on how family firms in five European countries cope with the corona crisis. International Journal of Entrepreneurial Behavior and Research 26(5), 1067-1092.
Mchiri, A. (2022), Adaptive Resilience in Family Business during Post-crisis: the Mediating Role of Improvisation, Piccola Impresa/Small Business, 2.
Murphy, L., Huybrechts, J., and Lambrechts, F., (2019). The origins and development of socioemotional wealth within next-generation family members: An interpretive grounded theory study. family business review, 32(4), pp.396-424.
Mzid, I., Khachlouf, N., and Soparnot, R. (2019). How does family capital influence the resilience of family firms? Journal of International Entrepreneurship, 17(2), 249-277.
Pearson, A.W., Carr, J.C., and Shaw, J.C. (2008). Toward a Theory of Familiness: A Social Capital Perspective. Entrepreneurship Theory and Practice, 32(6), 949–969.
Pusceddu, G., Moi, L., and Cabiddu, F. (2022), Managing the Different Stages of Unexpected Events: an Exploratory Analysis of Tourism Family Businesses, Piccola Impresa/Small Business, 2.
Sanchez-Ruiz, P., Daspit, J.J., Holt, D.T., and Rutherford, M.W. (2019). Family Social Capital in the Family Firm: A Taxonomic Classification, Relationships With Outcomes, and Directions for Advancement. Family Business Review, 32(2), 131–153.
Smith, D. (1990). Beyond Contingency Planning; Towards a Model of Crisis Management. Industrial Crisis Quarterly, 4(4), 263–276.
Zanni, L., Devigili, L., and Montezemolo, S. (2010). Managing succession in family business: successful lessons from long-lasting wineries in Tuscany, in Faraoni, M. and Santini, C. (eds.) Managing the wine business: research issues and cases (pp 63- 92), McGraw-Hill.
Questo lavoro è fornito con la licenza Creative Commons Attribuzione - Non commerciale - Non opere derivate 4.0 Internazionale.
Copyright (c) 2023 Elena Casprini, Elisa Conz, Linda Murphy, Lorenzo Zanni, Antonella Zucchella