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Understanding the Dynamics of Business Group Development: A Transgenerational Perspective

In: The Family Business Group Phenomenon

Author

Listed:
  • Maria José Parada

    (ESADE Business School)

  • Naveed Akhter

    (Jönköping International Business School, Jönköping University)

  • Rodrigo Basco

    (American University of Sharjah)

  • Allan Discua Cruz

    (Lancaster University Management School)

  • Sarah Fitz-Koch

    (Swedish University of Agricultural Sciences (SLU))

Abstract

Transgenerational entrepreneurship represents a key element for family business group development, particularly in developed economies where the aim is not to fill institutional voids, but rather to create value as new generations come on board. This chapter sheds light on how next-generation family members engage in entrepreneurial activities that lead to business transformation and so produce diversified and internationalized family business groups. The ways in which new generations of family members deploy resources, define their entrepreneurial orientation, transform family and business values, and adapt and reshape business models appear as key dimensions for business group formation and continuance.

Suggested Citation

  • Maria José Parada & Naveed Akhter & Rodrigo Basco & Allan Discua Cruz & Sarah Fitz-Koch, 2019. "Understanding the Dynamics of Business Group Development: A Transgenerational Perspective," Springer Books, in: Marita Rautiainen & Peter Rosa & Timo Pihkala & Maria José Parada & Allan Discua Cruz (ed.), The Family Business Group Phenomenon, chapter 9, pages 201-222, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-98542-8_9
    DOI: 10.1007/978-3-319-98542-8_9
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