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Entrepreneurial Orientation and Crisis: How Family Firms Manage the COVID-19-Pandemic
University of Skövde, School of Business. University of Skövde, Enterprises for the Future Research Environment. (Strategiskt entreprenörskap (StrEnt), Strategic Entrepreneurship)ORCID iD: 0000-0003-4776-0085
HTW-Berlin, Germany.ORCID iD: 0000-0003-0924-3239
2021 (English)In: Rethinking Finance, ISSN 2628-4944, no 01, p. 65-72, article id REF1357499Article in journal (Other academic) Published
Abstract [en]

We investigate how family firms manage and overcome the Covid-crisis. We distinguish between different areas of crisis origin, i.e. the environment, the business or the family. We propose a process model of crisis management and draw on a interview study of German and Swedish companies. The model includes different activities which could be undertaken before, during and after a crisis-event. We propose four essential topics for family firms’ crisis management: (1) family firm leadership mindset, (2) multiple crisis management practices, (3) relationship and network strength and (4) process view. 

Place, publisher, year, edition, pages
Köln: Fachmedien Otto Schmidt KG , 2021. no 01, p. 65-72, article id REF1357499
Keywords [en]
Family firm, entrepreneurial orientation, crisis management, Covid19
National Category
Business Administration
Research subject
Strategic Entrepreneurship
Identifiers
URN: urn:nbn:se:his:diva-19455OAI: oai:DiVA.org:his-19455DiVA, id: diva2:1527183
Available from: 2021-02-10 Created: 2021-02-10 Last updated: 2021-04-27Bibliographically approved

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https://research.owlit.de/document/38a3d9fb-9979-3c19-991d-b44e2ec1c38a

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Boers, Börje

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