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The absorptive capacity of family firms - how familiness affects potential and realized absorptive capacity
Högskolan i Skövde, Institutionen för handel och företagande. Högskolan i Skövde, Forskningsspecialiseringen Framtidens Företagande. (Strategiskt Entreprenörskap)ORCID-id: 0000-0001-5408-413X
2015 (engelsk)Inngår i: Journal of Family Business Management, ISSN 2043-6238, E-ISSN 2043-6246, Vol. 5, nr 1, s. 73-89Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

Purpose

Absorptive capacity is a key competitive advantage and is defined as the capacity to absorb knowledge from the environment. Although some studies have examined how various antecedents to absorptive capacity differ between family firms and non-family firms, no studies have set out to specifically analyze absorptive capacity in the context of family firms. This paper discusses the ability of family firms to absorb external knowledge by analyzing the relationship between “familiness” and “absorptive capacity”.

Design/methodology/approach

By reviewing and combining studies on absorptive capacity and knowledge-management practices of family firms, new insights into the absorptive capacity of family firms are developed.

Findings

It is argued that due to higher levels of social capital, familiness is positively related to the ability to transform and use external knowledge (i.e. realized absorptive capacity). However, firms with high levels of familiness are likely to be inferior in acquiring and assimilating external knowledge (i.e. potential absorptive capacity).

Originality/value

Although previous studies have analyzed various knowledge-management practices of family firms, no studies have set out to specifically explore how familiness affects various dimensions of absorptive capacity.

sted, utgiver, år, opplag, sider
Emerald Group Publishing Limited, 2015. Vol. 5, nr 1, s. 73-89
Emneord [en]
Knowledge management, Absorptive capacity, Familiness, Family firms, Potential absorptive capacity, Realized absorptive capacity
HSV kategori
Forskningsprogram
Humaniora-samhällsvetenskap; Strategiskt entreprenörskap (StrEnt)
Identifikatorer
URN: urn:nbn:se:his:diva-10732DOI: 10.1108/JFBM-05-2014-0012ISI: 000214596300005Scopus ID: 2-s2.0-85022337585OAI: oai:DiVA.org:his-10732DiVA, id: diva2:797716
Tilgjengelig fra: 2015-03-24 Laget: 2015-03-10 Sist oppdatert: 2019-10-31bibliografisk kontrollert

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