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Sources of the Competitive Advantage of Family Enterprises: An International Approach Focusing on China, Nigeria and Poland

Author

Listed:
  • Joanna Bednarz

    (University of Gdansk; Faculty of Economics; Institute of International Business, Poland)

  • Tomasz Bieliński

    (University of Gdansk; Faculty of Economics; Institute of International Business, Poland)

  • Anna Nikodemska-Wołowik

    (University of Gdansk; Faculty of Economics; Institute of International Business, Poland)

  • Ade Otukoya

    (University of Northampton, England)

Abstract

Objective: The objective of this paper is to identify some crucial factors influencing family businesses in China, Nigeria and Poland through a prism of the competitive advantage theory as well as company values. Research Design & Methods: The empirical research results were employed: findings from a survey on competitive advantage, from a study of Family Enterprises’ (FEs) survival in Nigeria, from interviews conducted with the owners of Polish FEs, from a survey with Polish consumers, and from interviews conducted with FEs’ managers in China. International desk research was carried out as well. Findings: Major attributes of FEs which can support their competitive advantage created on the market were identified. The significance of family enterprises in contemporary economies of China, Nigeria and Poland was examined. Implications & Recommendations: The success of FEs and their important nature mean that more research is needed to understand their development for the future. A holistic and cross-cultural approach is required. As the consumers’ attitudes towards FEs in the three countries differ ignificantly, a unified survey which can be adjusted for the cultural requirements of each country is recommended. Contribution & Value Added: While comparing FEs in the three countries, some crucial factors which influence their functioning were discovered. Despite of identified obstacles in performance of FEs, there are some sources of CA highlighted and divided into similarities, differences and autonomous features by the authors.

Suggested Citation

  • Joanna Bednarz & Tomasz Bieliński & Anna Nikodemska-Wołowik & Ade Otukoya, 2017. "Sources of the Competitive Advantage of Family Enterprises: An International Approach Focusing on China, Nigeria and Poland," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 5(2), pages 123-142.
    • Handle: RePEc:krk:eberjl:v:5:y:2017:i:2:p:123-142
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    References listed on IDEAS

    as
    1. Lucía Garcés-Galdeano & Martín Larraza-Kintana & Carmen García-Olaverri & Marianna Makri, 2016. "Entrepreneurial orientation in family firms: the moderating role of technological intensity and performance," International Entrepreneurship and Management Journal, Springer, vol. 12(1), pages 27-45, March.
    2. Bertrand, Marianne & Johnson, Simon & Samphantharak, Krislert & Schoar, Antoinette, 2008. "Mixing family with business: A study of Thai business groups and the families behind them," Journal of Financial Economics, Elsevier, vol. 88(3), pages 466-498, June.
    3. Ingemar Dierickx & Karel Cool, 1989. "Asset Stock Accumulation and Sustainability of Competitive Advantage," Management Science, INFORMS, vol. 35(12), pages 1504-1511, December.
    4. Thomas Wing Yan Man & Michael Mustafa & Yao Fang, 2016. "Succession in Chinese family enterprises: the influence of cognitive, regulatory and normative factors," International Journal of Management Practice, Inderscience Enterprises Ltd, vol. 9(4), pages 412-432.
    5. Ingemar Dierickx & Karel Cool, 1989. "Asset Stock Accumulation and the Sustainability of Competitive Advantage: Reply," Management Science, INFORMS, vol. 35(12), pages 1514-1514, December.
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    Cited by:

    1. Węcławski Jerzy & Żukowska Beata, 2019. "Refreshing Typologies Based on Family Firms’ Goals: The Perspective of “First-Generation Enterprises”," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 27(3), pages 128-146, September.
    2. Marta Pędzik & Joanna Bednarz & Zdzisław Kwidziński & Tomasz Rogoziński & Jerzy Smardzewski, 2020. "The Idea of Mass Customization in the Door Industry Using the Example of the Company Porta KMI Poland," Sustainability, MDPI, vol. 12(9), pages 1-14, May.
    3. Kinias, Ioannis & Chalis, Spyridon & Glyptis, Loukas, 2023. "Family business research: A systematic review and an uncelebrated role of marketing," Journal of Business Research, Elsevier, vol. 162(C).
    4. Stanfast Suotonye Barnabas & Marian Lawrence Apoh, 2021. "Chief Executive Officer with Machiavellianism Trait and Survival of Family-owned Businesses in South-South, Nigeria," International Journal of Science and Business, IJSAB International, vol. 5(1), pages 14-29.

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    More about this item

    Keywords

    family enterprise; entrepreneurship; competitive advantage; values;
    All these keywords.

    JEL classification:

    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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