 Three-dimensional concept of familiness in family-owned businesses: evidence from MyanmarNay Zar Aung and Yoji Kohda International Journal of Entrepreneurship and Small Business, 2021, vol. 42, issue 3, 318-334 Abstract: This qualitative study explored the unique resources of family-owned businesses (FOBs), viz., familiness. Although familiness has been analysed from multiple perspectives, the role of family originated resources has still been neglected. Six cases of analysis revealed that five embedded resources of families are generative of familiness and able to develop capabilities for business. We also found that different family natures generate two different business behaviours, i.e., stable familiness (tradition-based family customs with inward-orientation behaviours) and flexible familiness (modern-based family customs with outward-orientation behaviours). This suggested that familiness may serve as a strategic resource to gain competitive advantages and it might help to maintain the core competency of businesses. Thus, this study aims to share our knowledge as feedback to the businesses for encouraging their socio-economic development and these findings offer benefits as human resources for businesses. Keywords: family-owned business; FOB; familiness; resource; business behaviours; competitive advantages; Myanmar. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijesbu:v:42:y:2021:i:3:p:318-334 Access Statistics for this article More articles in International Journal of Entrepreneurship and Small Business from Inderscience Enterprises Ltd |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.