Entrepreneurial resilience (ER) and family business: a perspective article
2024 (English)In: Journal of Family Business Management, ISSN 2043-6238, E-ISSN 2043-6246Article in journal (Refereed) Epub ahead of print
Abstract [en]
Purpose: This paper highlights the need for future studies researching the subject of resilience in family firms on different levels. Design/methodology/approach: This paper reviews the literature on resilience in family businesses. Findings: Resilience has become more important due to the recent multiple crises, starting with the coronavirus pandemic, followed by high inflation and energy prices, partly resulting from the war in Ukraine. These multiple crises affect the family and the business level. Future research must account for multiple levels when addressing it, i.e. the individual, the team, the family, and the business level. Resilience has to encompass all levels to sustain family business continuity. Originality/value: By giving an overview of the concept of resilience, taking the family's perspective, and suggesting future avenues of research, the paper contributes to the development of family business research.
Place, publisher, year, edition, pages
Emerald Group Publishing Limited, 2024.
Keywords [en]
Business level, Crisis, Entrepreneurial resilience (ER), Family business, Family business continuity, Family level
National Category
Business Administration
Research subject
Strategic Entrepreneurship; Industrial Management and Sustainability; Knowledge and Innovation Management (KIM)
Identifiers
URN: urn:nbn:se:his:diva-23546DOI: 10.1108/JFBM-10-2023-0228ISI: 001137906100001Scopus ID: 2-s2.0-85181758498OAI: oai:DiVA.org:his-23546DiVA, id: diva2:1829237
Funder
The Kamprad Family Foundation, 20220044
Note
CC BY 4.0
© 2023, Börje Boers, Anders Billström and Danilo Brozović.
Article publication date: 10 January 2024
Correspondence Address: B. Boers; School of Business, University of Skövde, Skövde, Sweden; email: borje.boers@his.se
The authors acknowledge funding from The Kamprad Family Foundation for Entrepreneurship, Research and Charity no. 20220044.
2024-01-182024-01-182024-07-03Bibliographically approved