IDEAS home Printed from https://ideas.repec.org/a/bla/srbeha/v37y2020i3p516-526.html
   My bibliography  Save this article

The business family 3.0: Dynastic business families as families, organizations and networks—Outline of a theory extension

Author

Listed:
  • Heiko Kleve
  • Tobias Köllner
  • Arist von Schlippe
  • Tom A. Rüsen

Abstract

This paper's point of departure is that business families are permanently confronted with a dual function: They engage in typical family relations yet also have formal decision‐making processes for business and family strategy. However, large business families—which may consist of several hundred shareholders who own one or more family businesses—are confronted with an additional challenge. Alongside being simultaneously a family and an organization, they also have to establish and maintain notions of membership and modes of communication between distantly related shareholders. This we have called family network or family 3.0. The challenges involved in initiating, shaping and maintaining such networks require new strategic reconsideration in the family itself and an extension of the existing theoretical observations regarding family businesses, thereby establishing the basis for a better understanding of large‐scale business families. For this, we try to combine family business research, organization studies and systems theory.

Suggested Citation

  • Heiko Kleve & Tobias Köllner & Arist von Schlippe & Tom A. Rüsen, 2020. "The business family 3.0: Dynastic business families as families, organizations and networks—Outline of a theory extension," Systems Research and Behavioral Science, Wiley Blackwell, vol. 37(3), pages 516-526, May.
    • Handle: RePEc:bla:srbeha:v:37:y:2020:i:3:p:516-526
    DOI: 10.1002/sres.2684
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/sres.2684
    Download Restriction: no
    File URL: https://libkey.io/10.1002/sres.2684?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Andersson, Fredrik W. & Johansson, Dan & Karlsson, Johan & Lodefalk, Magnus & Poldahl, Andreas, 2017. "The Characteristics and Performance of Family Firms: Exploiting information on ownership, governance and kinship using total population data," Working Papers 2017:1, Örebro University, School of Business.
    2. Marc-Michael H. Bergfeld & Felix-Michael Weber, 2011. "Dynasties of innovation: highly performing German family firms and the owners' role for innovation," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 13(1), pages 80-94.
    3. Frank, Hermann & Lueger, Manfred & Nosé, Lavinia & Suchy, Daniela, 2010. "The concept of "Familiness": Literature review and systems theory-based reflections," Journal of Family Business Strategy, Elsevier, vol. 1(3), pages 119-130, September.
    4. De Massis, Alfredo & Kotlar, Josip, 2014. "The case study method in family business research: Guidelines for qualitative scholarship," Journal of Family Business Strategy, Elsevier, vol. 5(1), pages 15-29.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hoekx, Laura & Lambrechts, Frank & Vandekerkhof, Pieter & Voordeckers, Wim & Frank, Hermann, 2023. "The influence of familiness on decision-making quality in top management teams: The role of emotional dissonance and perceived team support," Journal of Family Business Strategy, Elsevier, vol. 14(2).
    2. Frank, Hermann & Kessler, Alexander & Beck, Susanne & Suess-Reyes, Julia & Fuetsch, Elena, 2023. "The enterpriseness of business families: Conceptualization, scale development and validation," Journal of Family Business Strategy, Elsevier, vol. 14(2).
    3. Craig, Justin B. & Newbert, Scott L., 2022. "Exploring the future of family enterprise research through a social science lens," Journal of Family Business Strategy, Elsevier, vol. 13(2).
    4. Lambrechts, Frank & Gnan, Luca, 2022. "Human resources and mutual gains in family firms: New developments and possibilities on the horizon," Journal of Family Business Strategy, Elsevier, vol. 13(2).
    5. Aldrich, Howard E. & Brumana, Mara & Campopiano, Giovanna & Minola, Tommaso, 2021. "Embedded but not asleep: Entrepreneurship and family business research in the 21st century," Journal of Family Business Strategy, Elsevier, vol. 12(1).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bövers, Jana & Hoon, Christina, 2021. "Surviving disruptive change: The role of history in aligning strategy and identity in family businesses," Journal of Family Business Strategy, Elsevier, vol. 12(4).
    2. Ivan Miroshnychenko & Alfredo De Massis & Danny Miller & Roberto Barontini, 2021. "Family Business Growth Around the World," Entrepreneurship Theory and Practice, , vol. 45(4), pages 682-708, July.
    3. Dieleman, Marleen, 2019. "Reaping what you sow: The family firm innovation trajectory," Journal of Family Business Strategy, Elsevier, vol. 10(4).
    4. Goel, Sanjay & Mazzola, Pietro & Phan, Phillip H. & Pieper, Torsten M. & Zachary, Ramona K., 2012. "Strategy, ownership, governance, and socio-psychological perspectives on family businesses from around the world," Journal of Family Business Strategy, Elsevier, vol. 3(2), pages 54-65.
    5. Röd, Irina, 2016. "Disentangling the family firm’s innovation process: A systematic review," Journal of Family Business Strategy, Elsevier, vol. 7(3), pages 185-201.
    6. Vanessa Diaz-Moriana & Eric Clinton & Nadine Kammerlander & G. T. Lumpkin & Justin B. Craig, 2020. "Innovation Motives in Family Firms: A Transgenerational View," Entrepreneurship Theory and Practice, , vol. 44(2), pages 256-287, March.
    7. Schell, Sabrina & Hiepler, Miriam & Moog, Petra, 2018. "It’s all about who you know: The role of social networks in intra-family succession in small and medium-sized firms," Journal of Family Business Strategy, Elsevier, vol. 9(4), pages 311-325.
    8. Lee, Soo-Hoon & Phan, Phillip H. & Ding, Hung-bin, 2016. "A theory of family employee involvement during resource paucity," Journal of Family Business Strategy, Elsevier, vol. 7(3), pages 160-166.
    9. Mahto, Raj V. & Llanos-Contreras, Orlando & Hebles, Melany, 2022. "Post-disaster recovery for family firms: The role of owner motivations, firm resources, and dynamic capabilities," Journal of Business Research, Elsevier, vol. 145(C), pages 117-129.
    10. Boris Rumanko & Zuzana Lušňáková & Monika Moravanská & Mária Šajbidorová, 2021. "Succession as a Risk Process in the Survival of a Family Business—Case of Slovakia," JRFM, MDPI, vol. 14(10), pages 1-20, September.
    11. Kotapati Srinivasa Reddy, 2015. "Beating the Odds! Build theory from emerging markets phenomenon and the emergence of case study research—A “Test-Tube” typology," Cogent Business & Management, Taylor & Francis Journals, vol. 2(1), pages 1037225-103, December.
    12. Wiseman Ntlhari Mathebula & Jabulani Calvin Makhubele & Thembinkosi Singwane, 2022. "The nexus between harmful alcohol use and intimate partner violence, a case study," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 11(9), pages 280-288, December.
    13. Ticián Baranyai & Miklós Kozma, 2019. "Family Firms with New Leaders in the Global Market.– A Potential Success Story?," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 69(supplemen), pages 131-162, December.
    14. Brewis, Claire & Dibb, Sally & Meadows, Maureen, 2023. "Leveraging big data for strategic marketing: A dynamic capabilities model for incumbent firms," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    15. Andreas Kallmuenzer & Andreas Strobl & Mike Peters, 2018. "Tweaking the entrepreneurial orientation–performance relationship in family firms: the effect of control mechanisms and family-related goals," Review of Managerial Science, Springer, vol. 12(4), pages 855-883, October.
    16. Azzeddine Allioui & Badr Habba & Taib Berrada El Azizi, 2023. "The Dilemma between the Pursuit of Sustainability and the Cultural Heritage of Moroccan Family Businesses: A Contextualization Study," RAIS Conference Proceedings 2022-2023 0272, Research Association for Interdisciplinary Studies.
    17. Abdul-Baki, Zayyad & Uthman, Ahmad B. & Kasum, Abubakar S., 2021. "The role of accounting and accountants in the oil subsidy corruption scandal in Nigeria," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 78(C).
    18. Pramodita Sharma & Carlo Salvato, 2011. "Commentary: Exploiting and Exploring New Opportunities over Life Cycle Stages of Family Firms," Entrepreneurship Theory and Practice, , vol. 35(6), pages 1199-1205, November.
    19. Riviezzo, Angelo & Garofano, Antonella & Napolitano, Maria Rosaria & Marino, Vittoria, 2015. "Moving forward or running to standstill? Exploring the nature and the role of family firms’ strategic orientation," Journal of Family Business Strategy, Elsevier, vol. 6(3), pages 190-205.
    20. Basco, Rodrigo & Pérez Rodríguez, María José, 2011. "Ideal types of family business management: Horizontal fit between family and business decisions and the relationship with family business performance," Journal of Family Business Strategy, Elsevier, vol. 2(3), pages 151-165.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:srbeha:v:37:y:2020:i:3:p:516-526. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1111/1092-7026 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.