Professional Documents
Culture Documents
Journal Critique:
Trends in Family Business Research
This study opens up new possibilities to uncover important research areas. It provides theoretical and
methodological suggestions that may benefit the development and consolidation of family firm as a
discipline.
11. Identify avenues for further research.
Possible emergence of tensions and family conflicts between family managers and nonfamily
managers, the impact of professionalization on succession performance and the suitable time
period in the organization life cycle to professionalize
Future studies related to management and organizational theory should analyze how some factors
such as professionalization, organizational life cycle and inter generalization transition determine
the nature and evolution of the different managerial dimensions.
Future contributions could also compare strategy-making and distinctive resources and
capabilities in family firms that operate within their national settings with those operating within
international ones.
Further research should advance in the knowledge of how SMEs can individually or collectively
develop unique resources and capabilities to create competitive advantages.
Potential research that includes product innovation, process innovation through research and
development and the pursuit of new markets to promote continuity and success in family firms.
Factors from the family system and their interaction with the business system to better understand
the dynamics of corporate entrepreneurial capability.
Future research should also examine the impact of the family effect on workplace behaviours,
attitudes and human resource management practices, taking into account mediator and
moderator variables such as the level of performance or management team and board
composition.
Further research is needed to recognize gender and ethnicity as a dimension to uncover the
differences among various family cultures. Future contributions would benefit from inclusion of the
moderating effect of gender and ethnicity on the analysis of the complete range of management
practices and strategic decisions in family business.