Int. J. of Entrepreneurship and Small Business   »   2013 Vol.19, No.2

 

 

Title: How do family firm CEOs perceive their competitive advantages and disadvantages? Empirical evidence from the transportation industry

 

Authors: Alfredo De Massis; Josip Kotlar; Lucio Cassia

 

Addresses:
Center for Young and Family Enterprise, Department of Economics and Technology Management, University of Bergamo, Viale G. Marconi 5, 24044 Dalmine BG, Italy
Center for Young and Family Enterprise, Department of Economics and Technology Management, University of Bergamo, Viale G. Marconi 5, 24044 Dalmine BG, Italy
Center for Young and Family Enterprise, Department of Economics and Technology Management, University of Bergamo, Viale G. Marconi 5, 24044 Dalmine BG, Italy

 

Abstract: This paper explores the CEOs' perceptions of potential competitive advantages and disadvantages deriving from the unique bundle of resources that arises from the interaction between the family and the business systems. We rely on a multiple case study that involved seven family firms operating in the transportation industry. The case study analysis shows that a number of advantages and disadvantages are commonly perceived by family business CEOs in relation to different categories of resources. The evidence confirms the possibility that the interplay between family and business may benefit the family firms' competitive position and improve performance, and it sheds light on the important role played by the family's emotional attachment to the business for understanding the CEOs' perceptions about the sources of their firms' competitive advantages and disadvantages.

 

Keywords: family firms; resources; CEO perceptions; competitive advantage; competitive disadvantage; emotional attachment; transport industry; family businesses.

 

DOI: 10.1504/IJESB.2013.054962

 

Int. J. of Entrepreneurship and Small Business, 2013 Vol.19, No.2, pp.167 - 189

 

Available online: 20 Jun 2013

 

 

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