6533b835fe1ef96bd129e988

RESEARCH PRODUCT

A Theoretical Framework for the Analysis of the Relationship Between Family Firms and Competitiveness

César Camisón

subject

050208 finance0502 economics and business05 social sciencesBusiness050203 business & management

description

This chapter develops an additive model of the microeconomic sources of family firm (FF) competitiveness. Its main contribution is the proposal of a new explanatory framework with a perspective incorporating both ex post competitiveness and its determinants in a chain of multi-level causality. Based on fully-specified theory, the framework is designed to explain the complementarity of the effects of the firm's country, industry, district, strategy, and distinctive competences, focusing where appropriate on the case of the FF. The theoretical model also sheds light on the forces that influence the accumulation of sustainable competitive advantages. To that end, this chapter incorporates a particular focus on how the ownership and control structure affects the accumulation of intangible assets that give rise to the so-called family effect.

yearjournalcountryeditionlanguage
2020-01-01
https://doi.org/10.4018/978-1-7998-1655-3.ch001