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Continuous Development to Longevity

In: German Family Enterprises

Author

Listed:
  • Maximilian Lantelme

    (Zeppelin University)

  • Laura K. C. Seibold

    (Zeppelin University)

  • Hermut Kormann

    (Zeppelin University)

Abstract

In this chapter, we analyze the characteristics of continuous development. This is a kind of a baseline for development—as opposed to high growth (Chap. 6) or downfall (Chap. 7). A permanent continuous development leads to longevity. We propose a theoretical concept that longevity is not based on superior performance in certain success factors—as it is stated in various concepts on strategy. Rather, we see longevity as a consequence of meeting certain minimum prerequisites to a satisfactory degree.

Suggested Citation

  • Maximilian Lantelme & Laura K. C. Seibold & Hermut Kormann, 2021. "Continuous Development to Longevity," Springer Books, in: German Family Enterprises, edition 2, chapter 0, pages 45-90, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-69759-4_4
    DOI: 10.1007/978-3-030-69759-4_4
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    Cited by:

    1. Guttman-Kenney, Benedict & Firth, Chris & Gathergood, John, 2023. "Buy now, pay later (BNPL) ...on your credit card," Journal of Behavioral and Experimental Finance, Elsevier, vol. 37(C).

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