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Journal article

Simulating dynamic capabilities and value creation in family firms : is paternalism an ‘asset’ or ‘liability’?

  • Chirico, Francesco Facoltà di scienze economiche, Università della Svizzera italiana, Svizzera
  • Nordqvist, Mattias Jönköping International Business School, Jönköping, Sweden
  • Colombo, Gianluca Institute of Management (IM), Facoltà di scienze economiche, Università della Svizzera italiana, Svizzera
  • Mollona, Edoardo University of Bologna, Bologna, Italy
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    03.09.2012
Published in:
  • Family business review. - Sage. - 2012, vol. 25, no. 3, p. 318-338
Dynamic capabilities
value creation
paternalism
simulation
system dynamics
family social capital
English 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).
Language
  • English
Classification
Economics
License
License undefined
Open access status
green
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https://n2t.net/ark:/12658/srd1318504
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