Crossroads of Family Business Research and Firm Demography: A Critical Assessment of Family Business Survival Rates

Isabell Stamm, Christina Lubinski

Publikation: Bidrag til tidsskriftTidsskriftartikelpeer review

Abstrakt

Do family firms rise and decline in three generations? Not only since Thomas Mann's “The Buddenbrooks” has the survival rate of family firms intrigued family business scholars, practitioners and consultants. In this article, we trace the family firm survival rate to its roots and discuss its empirical basis and univocal reading. We then ask how the mortality of family businesses could be measured, and which contextual factors need to be taken into account. To this end we explore the literature on firm demography, a field which is particularly concerned with age and mortality, and identify crossroads with family business studies. We conclude by suggesting a re-conceptualization of survival rates within a larger firm demographic research framework.
OriginalsprogEngelsk
TidsskriftJournal of Family Business Strategy
Vol/bind2
Udgave nummer3
Sider (fra-til)117-127
ISSN1877-8585
DOI
StatusUdgivet - 2011
Udgivet eksterntJa

Emneord

  • Family business
  • Succession
  • Survival rate
  • Mortality
  • Demographic change
  • Firm demography

Citationsformater