Family Businesses and Adaptation: A Dynamic Capabilities Approach
The main objective of this research was to propose a framework centred on the dynamic capabilities approach, and to be applied in the context of family businesses’ adaption to their changing business environment. Data were gathered through interviews with ten FBs operating in Western Australia. Base...
| Main Authors: | , , |
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| Format: | Journal Article |
| Language: | English |
| Published: |
2018
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/75192 |
| _version_ | 1848763450270941184 |
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| author | Duarte Alonso, Abel Kok, S. O’Shea, M. |
| author_facet | Duarte Alonso, Abel Kok, S. O’Shea, M. |
| author_sort | Duarte Alonso, Abel |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | The main objective of this research was to propose a framework centred on the dynamic capabilities approach, and to be applied in the context of family businesses’ adaption to their changing business environment. Data were gathered through interviews with ten FBs operating in Western Australia. Based on the findings, the clusters of activities, sensing, seizing, and transforming emerged as key factors for firms’ adaptation, and were reinforced by firms’ open culture, signature processes, idiosyncratic knowledge, and valuable, rare, inimitable and non-substitutable attributes. Thus, the usefulness of the proposed framework was confirmed. Implications and future research opportunities are presented. |
| first_indexed | 2025-11-14T11:03:39Z |
| format | Journal Article |
| id | curtin-20.500.11937-75192 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| language | eng |
| last_indexed | 2025-11-14T11:03:39Z |
| publishDate | 2018 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-751922019-04-04T05:39:12Z Family Businesses and Adaptation: A Dynamic Capabilities Approach Duarte Alonso, Abel Kok, S. O’Shea, M. Adaptive strategies Dynamic capabilities approach Family businesses Firm adaptation Western Australia The main objective of this research was to propose a framework centred on the dynamic capabilities approach, and to be applied in the context of family businesses’ adaption to their changing business environment. Data were gathered through interviews with ten FBs operating in Western Australia. Based on the findings, the clusters of activities, sensing, seizing, and transforming emerged as key factors for firms’ adaptation, and were reinforced by firms’ open culture, signature processes, idiosyncratic knowledge, and valuable, rare, inimitable and non-substitutable attributes. Thus, the usefulness of the proposed framework was confirmed. Implications and future research opportunities are presented. 2018 Journal Article http://hdl.handle.net/20.500.11937/75192 10.1007/s10834-018-9586-3 eng http://creativecommons.org/licenses/by/4.0/ fulltext |
| spellingShingle | Adaptive strategies Dynamic capabilities approach Family businesses Firm adaptation Western Australia Duarte Alonso, Abel Kok, S. O’Shea, M. Family Businesses and Adaptation: A Dynamic Capabilities Approach |
| title | Family Businesses and Adaptation: A Dynamic Capabilities Approach |
| title_full | Family Businesses and Adaptation: A Dynamic Capabilities Approach |
| title_fullStr | Family Businesses and Adaptation: A Dynamic Capabilities Approach |
| title_full_unstemmed | Family Businesses and Adaptation: A Dynamic Capabilities Approach |
| title_short | Family Businesses and Adaptation: A Dynamic Capabilities Approach |
| title_sort | family businesses and adaptation: a dynamic capabilities approach |
| topic | Adaptive strategies Dynamic capabilities approach Family businesses Firm adaptation Western Australia |
| url | http://hdl.handle.net/20.500.11937/75192 |