Practicing resilience in family firms: An investigation through phenomenography

Elisa Conz, Peter William Lamb and Alfredo De Massis

Journal of Family Business Strategy, 2020, vol. 11, issue 2

Abstract: Despite the growing interest in resilience in family business, the current literature overlooks the contribution of owners/managers in practicing resilience. We focus on the experiences and practices of owners/managers of family businesses, and apply phenomenography, an interpretive methodology, to capture variations in how owners/managers understand and practice resilience in longstanding Australian and Italian family wineries. The findings show that owners/managers’ resilience practices are determined by four qualitatively different understandings of resilience. Our understanding-based theory provides a novel interpretation of resilience in the family business field, challenging the rationalistic approach by demonstrating that resilience is not universal but multifarious, such that the owners/managers’ understanding of resilience determines how resilience is practiced.

Keywords: Family firm; Resilience; Longevity; Phenomenography; Understandings (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (15)

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DOI: 10.1016/j.jfbs.2020.100355

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