The Power of Stories - Zur Funktion von Geschichten in Familienunternehmen

Schlippe, Arist von; Groth, Torsten

doi:10.13109/kont.2007.38.1.26

Cited by 10 publications

(6 citation statements)

References 7 publications

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“…Hence, they express the collective memory of social systems (Frank et al , 2010). Particularly in family businesses, stories transport values, visions and prior experiences of success, crisis, fatality and recognition (Parada and Viladas, 2010; Von Schlippe and Groth, 2007; Frank et al , 2010). In their study, Parada and Viladas reveal that it is by telling stories that “family businesses are able to build identity and shared meanings that lead to successful performance in terms of revenues, reputation, shared identity, and continuity of the family business history” (Parada and Viladas, 2010, p. 166).…”

Section: Opportunity Recognition In Family Firmsmentioning

confidence: 99%

“…Von Schlippe and Groth suggest four major categories of stories in family businesses. To differentiate the narratives, they use the way in which the story gains influence as the criterion of delimitation: “centripetal” stories, “centrifugal” stories, personal stories and special kinds of stories (Von Schlippe and Groth, 2007, p. 35). “Centripetal stories” have a positive effect on commitment and engagement between the stakeholders and the family business.…”

Section: Opportunity Recognition In Family Firmsmentioning

confidence: 99%

“…Hence, storytelling can facilitate the search for the family member or family line in the family business who/which is to blame for the collapse (respectively “internal private accounting”). (For further information about internal private accounting in family businesses, see Von Schlippe and Groth, 2007).…”

Section: Opportunity Recognition In Family Firmsmentioning

confidence: 99%

“…Stories that cannot be assigned to the above categories fall into the last category “special kinds of stories”. Von Schlippe and Groth (2007) underline that not to tell a story could also be a kind of storytelling, referring to the existence of taboos concerning specific subjects. Overall, stories have a strong impact on the family business system and are a decisive medium.…”

Section: Opportunity Recognition In Family Firmsmentioning

confidence: 99%

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How do family entrepreneurs recognize opportunities? Three propositions

Tegtmeier

Claßen

2017

RIBS

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Purpose Opportunity recognition (OR) is a key factor in the entrepreneurial process. The purpose of the paper is to elaborate on whether OR, such as related to internationalization strategies, by/in family businesses differs from OR by other companies or individuals, and if yes, to what extent. Design/methodology/approach Taking a conceptual perspective, the authors combine OR and family business knowledge to develop propositions on how family entrepreneurs recognize opportunities. Findings The authors develop three propositions about OR in entrepreneurial families. Specifically, they suggest that storytelling strengthens OR in family businesses and helps to hold on to tacit opportunities. They also address their special human capital resources. These advantages together with their long-term orientation lead to the proposition that family businesses are more likely to recognize opportunities than non-family businesses. Research limitations/implications These findings contribute to an increased understanding of the role of OR in family business research and offer an operational base for future quantitative and qualitative studies. Practical implications The insights in this paper are valuable for practitioners and policymakers as well. Practitioners will get feedback on their own family business management by reflecting on the findings reported and will be able to put the theses into a wider context. Politicians wishing to support family businesses need to understand the specifics of this entrepreneurial process to create good conditions for their development and sustainability. Originality/value This conceptual paper marries the two parallel “streams” of theory and practice of entrepreneurship and family business.

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Section: Opportunity Recognition In Family Firmsmentioning

confidence: 99%

Section: Opportunity Recognition In Family Firmsmentioning

confidence: 99%

Section: Opportunity Recognition In Family Firmsmentioning

confidence: 99%

Section: Opportunity Recognition In Family Firmsmentioning

confidence: 99%

See 2 more Smart Citations

How do family entrepreneurs recognize opportunities? Three propositions

Tegtmeier

Claßen

2017

RIBS

View full text Add to dashboard Cite

show abstract

“…Especially family businesses, particularly if they have been in existence for several generations, are often shaped by stories. In stories, success and crisis, recognition and criticism, as well as all sorts of calamities, are transported unlike in any other type of enterprise (v. Schlippe & Groth, 2009). This also holds true for the story of the structural coupling of the two systems and for the story of the identity as a family business.…”

Section: The Identity Of the Family Businessmentioning

confidence: 99%