IDEAS home Printed from https://ideas.repec.org/a/taf/bushst/v58y2016i1p69-88.html
   My bibliography  Save this article

Business groups, entrepreneurship and the growth of the Ko� Group in Turkey

Author

Listed:
  • Asli M. Colpan
  • Geoffrey Jones

Abstract

This article examines the emergence and development of what became the largest business group in Turkey, the Ko� Group. This venture was an important actor in the emergence of modern business enterprise in the new state of the Republic of Turkey from the 1920s. After World War II it diversified rapidly, forming part of a cluster of business groups which dominated the Turkish economy alongside state-owned firms. This article examines how the founder of the Group, Vehbi Ko�, formulated his business model, and analyses how his firm evolved into a diversified business group. Although the case supports prevailing explanations of business groups related to institutional voids, government policy and the importance of contact capabilities, this study builds on and extends the earlier suggestions that entrepreneurship needs incorporating as an explanatory factor. The article shows that Ko� acts as both a Kirznerian and Schumpeterian entrepreneur to build his group, both in its formative stages and later in its subsequent growth into a diversified business group.

Suggested Citation

  • Asli M. Colpan & Geoffrey Jones, 2016. "Business groups, entrepreneurship and the growth of the Ko� Group in Turkey," Business History, Taylor & Francis Journals, vol. 58(1), pages 69-88, January.
    • Handle: RePEc:taf:bushst:v:58:y:2016:i:1:p:69-88
    DOI: 10.1080/00076791.2015.1044521
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00076791.2015.1044521
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00076791.2015.1044521?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

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


    Cited by:

    1. Karaevli, Ayse & Yurtoglu, B. Burcin, 2021. "Family ownership, market development, and internationalization of Turkish business groups (1925-2017)," Journal of World Business, Elsevier, vol. 56(6).
    2. Teresa da Silva Lopes & Mark Casson & Geoffrey Jones, 2019. "Organizational innovation in the multinational enterprise: Internalization theory and business history," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 50(8), pages 1338-1358, October.
    3. Tanses Gülsoy & Ayfer Ustabaş, 2019. "Corporate Sustainability Initiatives in Gender Equality: Organizational Practices Fostering Inclusiveness at Work in an Emerging-Market Context," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 16(04), pages 1-34, June.
    4. Özcan, Gül Berna & Coronado Mondragon, Adrian E. & Harindranath, G., 2018. "Strategic entry and operational integration of emerging market firms: The case of Cemex, Beko and Tata Steel in the UK," Journal of Business Research, Elsevier, vol. 93(C), pages 242-254.

    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:taf:bushst:v:58:y:2016:i:1:p:69-88. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/FBSH20 .

    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.