Environmental Dynamism, Trust and Dynamic Capabilities of Family Businesses

2.50
Hdl Handle:
http://hdl.handle.net/2436/614412
Title:
Environmental Dynamism, Trust and Dynamic Capabilities of Family Businesses
Authors:
Wang, Yong
Abstract:
Purpose – Dynamic capabilities are regarded as the bedrock of firms that survive in a dynamic environment. Notwithstanding this perspective, little research has been implemented in understanding dynamic capabilities of family firms. This paper aims to investigate the relationship between environmental dynamism and dynamic capabilities of family businesses, and the moderating effect of trust on this relationship. Design/methodology/approach - A quantitative survey was executed with the sampling frame outlined based on the Hemscott Company Guru database. 137 useful responses were employed in this study. Findings – The results suggest that environmental dynamism is an antecedent of dynamic capabilities. Furthermore, findings show the presence of trust moderates the environmental dynamism-dynamic capabilities nexus. Research limitations/implications - The cross-sectional design of the study determines that it can only proffer a snapshot of the scenario. In addition, the exclusion of non-incorporated firms in the sample because of the nature of the Hemscott database constrains the generalisability of the study. Future studies in a similar vein may be implemented through national/local development agencies to overcome this barrier. Originality/value - The unique intertwined family and business system embedded in family firms has led to the assumption that trust will influence the environmental dynamism-dynamic capabilities nexus. The current study confirms this assumption and offers a perspective that helps appreciate the environment-business relationship in family businesses.
Publisher:
Emerald Group Publishing Limited
Journal:
International Journal of Entrepreneurial Behaviour & Research. Vol 23 No 4
Issue Date:
May-2016
URI:
http://hdl.handle.net/2436/614412
Type:
Article
Language:
en
ISSN:
1355-2554
Appears in Collections:
FOSS

Full metadata record

DC FieldValue Language
dc.contributor.authorWang, Yongen
dc.date.accessioned2016-06-23T11:11:21Zen
dc.date.available2016-06-23T11:11:21Zen
dc.date.issued2016-05en
dc.identifier.issn1355-2554en
dc.identifier.urihttp://hdl.handle.net/2436/614412en
dc.description.abstractPurpose – Dynamic capabilities are regarded as the bedrock of firms that survive in a dynamic environment. Notwithstanding this perspective, little research has been implemented in understanding dynamic capabilities of family firms. This paper aims to investigate the relationship between environmental dynamism and dynamic capabilities of family businesses, and the moderating effect of trust on this relationship. Design/methodology/approach - A quantitative survey was executed with the sampling frame outlined based on the Hemscott Company Guru database. 137 useful responses were employed in this study. Findings – The results suggest that environmental dynamism is an antecedent of dynamic capabilities. Furthermore, findings show the presence of trust moderates the environmental dynamism-dynamic capabilities nexus. Research limitations/implications - The cross-sectional design of the study determines that it can only proffer a snapshot of the scenario. In addition, the exclusion of non-incorporated firms in the sample because of the nature of the Hemscott database constrains the generalisability of the study. Future studies in a similar vein may be implemented through national/local development agencies to overcome this barrier. Originality/value - The unique intertwined family and business system embedded in family firms has led to the assumption that trust will influence the environmental dynamism-dynamic capabilities nexus. The current study confirms this assumption and offers a perspective that helps appreciate the environment-business relationship in family businesses.en
dc.language.isoenen
dc.publisherEmerald Group Publishing Limiteden
dc.subjectfamily business,en
dc.subjectdynamic capabilities,en
dc.subjectenvironmental dynamismen
dc.subjecttrusten
dc.titleEnvironmental Dynamism, Trust and Dynamic Capabilities of Family Businessesen
dc.typeArticleen
dc.identifier.journalInternational Journal of Entrepreneurial Behaviour & Research. Vol 23 No 4en
dc.date.accepted2016-05en
rioxxterms.funderErnst and Youngen
rioxxterms.identifier.projectUoW230616YWen
rioxxterms.versionAMen
rioxxterms.licenseref.urihttps://creativecommons.org/CC BY-NC-ND 4.0en
rioxxterms.licenseref.startdate2019-01-01en
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