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The family business, adversity and change: A dynamic capabilities and knowledge-based approach

Duarte Alonso, A, Kok, SK and O'Shea, M (2019) The family business, adversity and change: A dynamic capabilities and knowledge-based approach. Journal of General Management, 44 (2). pp. 96-109. ISSN 0306-3070

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Abstract

While the growth of family business research is undisputable, knowledge gaps have been recognised, notably, regarding the lack of a strategic management theory, and a predominance of quantitative over qualitative methods when researchers examine family businesses. This study seeks to address these research gaps. First, the study proposes a framework based on the knowledge-based view framework and the dynamic capabilities approach to examine adaptation to adversity and to a changing business environment through the case of Hawkshead Relish Company, a family firm operating in the United Kingdom. Second, it employs a qualitative approach. Face-to-face interviews, on-site observations, and archival information of the firm helped reveal the association between dynamic capabilities, knowledge acquisition, networking, and innovation. Sensing, seizing, and transforming were manifested within and through the organisation’s strategy and practice. Overall, the framework emphasises how the above associations are applicable to family firms when adapting to adversity and change.

Item Type: Article
Uncontrolled Keywords: 1503 Business And Management
Subjects: H Social Sciences > HF Commerce > HF5001 Business
Divisions: Liverpool Business School
Publisher: SAGE Publications
Date Deposited: 09 Jan 2019 10:40
Last Modified: 09 Jan 2019 10:49
DOI or Identification number: 10.1177/0306307018810585
URI: http://researchonline.ljmu.ac.uk/id/eprint/9908

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