"Korean Family Business Research : A Review and Agenda for Future Research"

2020 ◽  
Vol 42 (2) ◽  
pp. 69-92
Author(s):  
YoungHo Nam
Keyword(s):  
Family Business ◽  
Future Research ◽  
Business Research ◽  
Korean Family

Family Business Succession: Suggestions for Future Research

2004 ◽  
Vol 17 (2) ◽  
pp. 165-177 ◽  
Author(s):  
Robert H. Brockhaus
Keyword(s):  
Family Business ◽  
Research Methodology ◽  
Future Research ◽  
Family Management ◽  
Business Research ◽  
Management Succession ◽  
Business Succession ◽  
Family Business Succession

Management succession is a significant moment in a family business's life and an issue that requires analysis from the perspectives of family, management, and ownership systems in order to understand adequately the perspectives of the different stakeholders. In an effort to help improve the quality of the research methodology on this subject, past family business research methodology will be reviewed and critiqued, and some specific recommendations will be presented that can enhance the quality and value of family business research.

Family Business Research in the New Millennium

2009 ◽  
Vol 22 (2) ◽  
pp. 151-166 ◽  
Author(s):  
Bart J. Debicki ◽  
Curtis F. Matherne ◽  
Franz W. Kellermanns ◽  
James J. Chrisman
Keyword(s):  
Content Analysis ◽  
Network Analysis ◽  
Family Business ◽  
Future Research ◽  
Business Research ◽  
Academic Institutions ◽  
Developmental Trends ◽  
New Millennium

The authors' analysis of 291 family business articles published in 30 management journals between 2001 and 2007 reports the contributions of individual scholars and academic institutions to family business research. To better understand the interrelationships among scholars who have contributed to family business research, a network analysis of coauthor relationships was conducted. The authors also provide a content analysis of the articles and offer suggestions for future research. By analyzing the who, where, and what of family business research, the reasons why the developmental trends have occurred and how the field's momentum can be maintained and directed toward productive ends become clearer.

Empirics in Family Business Research

2015 ◽  
Vol 29 (1) ◽  
pp. 17-43 ◽  
Author(s):  
Robert E. Evert ◽  
John A. Martin ◽  
Michael S. McLeod ◽  
G. Tyge Payne
Keyword(s):  
Data Analysis ◽  
Construct Validity ◽  
Research Methods ◽  
Empirical Research ◽  
Family Business ◽  
Research Articles ◽  
Future Research ◽  
Business Research ◽  
Research Challenges ◽  
Essential Components

Competent research methods and data analysis are essential components for the progression of family business research. To identify and evaluate empirical trends, and make suggestions for future research, we examine 319 empirical articles published in Family Business Review since 1988. These studies are compared with 146 family business research articles published in top-tier journals not dedicated to family business research over the same timeframe. While we substantiate growth in rigor and sophistication, we address specific family business research challenges regarding construct validity, generalizability, causality, temporality, and multilevel issues. Suggestions are provided for future empirical research across six major topical areas.

Research on Technological Innovation in Family Firms

2012 ◽  
Vol 26 (1) ◽  
pp. 10-31 ◽  
Author(s):  
Alfredo De Massis ◽  
Federico Frattini ◽  
Ulrich Lichtenthaler
Keyword(s):  
New Product Development ◽  
Technological Innovation ◽  
Family Involvement ◽  
Family Business ◽  
Family Firms ◽  
New Product ◽  
Future Research ◽  
Moderating Effects ◽  
Business Research ◽  
Promising Area

The purpose of this article is to review and systematize prior work on technological innovation in family firms and to open up an agenda to guide future research into this promising area. The study shows that family involvement has direct effects on innovation inputs (e.g., R&D expenditures), activities (e.g., leadership in new product development projects), and outputs (e.g., number of new products), as well as moderating effects on the relationships between these steps of technological innovation. The article uses theories applied in family business research (e.g., agency theory) to discuss opportunities for extending technological innovation frameworks by considering family involvement.

Researching Long-Term Orientation

2013 ◽  
Vol 27 (1) ◽  
pp. 72-88 ◽  
Author(s):  
Keith H. Brigham ◽  
G. T. Lumpkin ◽  
G. Tyge Payne ◽  
Miles A. Zachary
Keyword(s):  
Family Business ◽  
External Validity ◽  
Concurrent Validity ◽  
Family Firms ◽  
Three Dimensions ◽  
Future Research ◽  
Business Research ◽  
Analysis Techniques ◽  
Key Questions

Assumptions about the long-term orientation (LTO) of family firms are common in family business research. Drawing on prior conceptualizations, this article further develops and validates the LTO construct using content analysis techniques on two separate samples of data. Validation comes through empirical analysis of content validity, external validity, dimensionality, and concurrent validity. We find that family firms are higher than nonfamily firms on all three dimensions of LTO. We also discuss how future research can use this now-validated construct to address key questions in family business research, as well as inform the broader business literature.

Examining employment relationship activities in family business research

2016 ◽  
Vol 6 (3) ◽  
pp. 210-224 ◽  
Author(s):  
Holly Ferraro ◽  
Jennifer Marrone
Keyword(s):  
Family Business ◽  
Family Members ◽  
Family Businesses ◽  
Theory And Practice ◽  
Employment Relationship ◽  
Future Research ◽  
Business Research ◽  
Content Type ◽  
The Family ◽  
Advance Theory

Purpose The purpose of this paper is to examine the family business literature on human resource management (HRM) activities within family-owned businesses to advance theory and practice. Design/methodology/approach This paper is a review of research on the formation, adaptation, and termination of the employment relationship within family businesses. Findings Important areas for future research are revealed. For example, little research investigates how family members are recruited, socialized, or how exit decisions are made. In contrast, significant attention has been given to role transitions during succession. Research limitations/implications The paper focuses on managing employment relationships (e.g. recruitment, selection, etc.) within family businesses. The research revealed HRM activities within family businesses are often informal so aspects of the employment relationship may not be fully captured by extant research. Practical implications This review provides specific HRM suggestions for practitioners to consider. For example, this review highlights that training inside the family business can be as effective as training outside the family business. Originality/value This review is novel in applying an established HRM framework to family business research and focuses on HRM activities of family members as opposed to non-family employees. The paper offers considerations for families bringing next generation members into their businesses and preparing offspring to run them successfully.

Practitioner Commentary: Moving from Theory to Practice in Family Business Research

2008 ◽  
Vol 32 (6) ◽  
pp. 1111-1121 ◽  
Author(s):  
Kimber L. Vought ◽  
LaKami T. Baker ◽  
Garry D. Smith
Keyword(s):  
Family Business ◽  
Future Research ◽  
Business Research ◽  
Negative Effects ◽  
Family Enterprise ◽  
Theory To Practice

This paper examines the papers presented at the 2007 Theories of Family Enterprise Conference for their applicability to practice and presents some ideas to make family business research more appropriate to practitioners. In general, we found the papers are not immediately useful to practitioners; however, the papers of a theory conference should not necessarily be immediately useful to practitioners. We identify several areas for future research, which include the development of a concrete definition for family business, a thorough analysis of the positive and negative effects of the concept of familiness, a close look at failed family business, as well as other issues.

Advancing the Field of Family Business Research: Further Testing the Measurement Properties of the F-PEC

2009 ◽  
Vol 23 (1) ◽  
pp. 76-88 ◽  
Author(s):  
Daniel T. Holt ◽  
Matthew W. Rutherford ◽  
Donald F. Kuratko
Keyword(s):  
Family Business ◽  
Convergent Validity ◽  
Initial Level ◽  
Factor Model ◽  
Family Influence ◽  
Measurement Properties ◽  
Business Research ◽  
Validity And Reliability ◽  
Scale Data ◽  
Three Factor

The field of family business research is advanced by further examining the validity and reliability of Klein, Astrachan, and Smyrnios’s Family Influence on Power, Experience, and Culture Scale. Data from 831 family businesses are analyzed to assess the measure’s construct validity using exploratory and confirmatory techniques. The hypothesized three-factor model emerged to include culture, power, and experience. Extending the previous effort, the measure’s convergent validity was tested by assessing differences between the measure’s scores and the desires of the senior generation and the commitment of the next generation. Results support an initial level of convergent validity.

Professional trilemma of students with family business experience

Kybernetes ◽  
2016 ◽  
Vol 45 (3) ◽  
pp. 446-460 ◽  
Author(s):  
Jaka Vadnjal ◽  
Predrag Ljubotina
Keyword(s):  
Family Business ◽  
Design Methodology ◽  
Future Research ◽  
Related Factors ◽  
Senior Student ◽  
Content Type ◽  
East European ◽  
Educational Backgrounds ◽  
The Mean

Purpose – Family businesses represent the largest share of small-sized firms in majority of economies around the world. Having in mind the global economic situation this trend is expected to be continued. With the goal of better understanding of the process of transferring the business to the next generation, which ensures a long-term success, the purpose of this paper is to investigate expectations of student’s with family business background. Design/methodology/approach – The research addresses the issue of an individual’s perception of entrepreneurship and the related factors that influence individual’s decision on whether to build a career as an employee, become a successor of family business or start own business as an independent entrepreneur. The authors separately analyzed West European (data from another study), East European and Slovenian senior student population for the purpose of comparative study. Students were surveyed and binominal regression was used for statistics. Findings – The results show differences between investigated populations and positions Slovenian students in the mean. The authors anticipate that differences are caused by historical, cultural and educational backgrounds. This challenging area is raising a lot of sub-questions for possible future research. Originality/value – The value of the study is in the replication of the existing methodology from the benchmarking study and result comparison.

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