Simulating Dynamic Capabilities and Value Creation in Family Firms: Is Paternalism an "Asset" or a "Liability"?
2012 (English)In: Family Business Review, ISSN 0894-4865, E-ISSN 1741-6248, Vol. 25, no 3, 318-338 p.Article in journal (Refereed) Published
The authors conduct a simulation study using system dynamics methods to interpret how and when paternalism affects dynamic capabilities (DCs) and by association value creation in family firms. Their simulation experiments suggest that the effect of paternalism on DCs and value creation varies over time. Initially, increasing levels of family social capital and low levels of paternalism are associated with high rates of DCs and value creation accumulation (asset). Later, higher levels of paternalism produce their pressure to decrease DCs, value creation, and family social capital accumulation rates (liability)
Place, publisher, year, edition, pages
2012. Vol. 25, no 3, 318-338 p.
dynamic capabilities, value creation, paternalism, simulation, system dynamics, family social capital
IdentifiersURN: urn:nbn:se:hj:diva-17544DOI: 10.1177/0894486511426284Local ID: IHHCeFEOIS, IHHESOLISOAI: oai:DiVA.org:hj-17544DiVA: diva2:486542