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Sources of the Competitive Advantage of Family Enterprises: An International Approach Focusing on China, Nigeria and Poland

Economic and Business Review

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Field Value
 
Title Sources of the Competitive Advantage of Family Enterprises: An International Approach Focusing on China, Nigeria and Poland
 
Creator Bednarz, Joanna
Bieliński, Tomasz
Nikodemska-Wołowik, Anna
Otukoya, Ade
 
Subject Economics; Business Studies
family enterprise; entrepreneurship; competitive advantage; values
L14, L22, L26
 
Description Objective: The objective of this paper is to identify some crucial factors influencing family businesses in China, Nigeria and Poland through a prism of the competitive advantage theory as well as company values.Research Design & Methods: The empirical research results were employed: findings from a survey on competitive advantage, from a study of Family Enterprises’ (FEs) survival in Nigeria, from interviews conducted with the owners of Polish FEs, from a survey with Polish consumers, and from interviews conducted with FEs’ managers in China. International desk research was carried out as well.Findings: Major attributes of FEs which can support their competitive advantage created on the market were identified. The significance of family enterprises in contemporary economies of China, Nigeria and Poland was examined.Implications & Recommendations: The success of FEs and their important nature mean that more research is needed to understand their development for the future. A holistic and cross-cultural approach is required. As the consumers’ attitudes towards FEs in the three countries differ ignificantly, a unified survey which can be adjusted for the cultural requirements of each country is recommended.Contribution & Value Added: While comparing FEs in the three countries, some crucial factors which influence their functioning were discovered. Despite of identified obstacles in performance of FEs, there are some sources of CA highlighted and divided into similarities, differences and autonomous features by the authors.
 
Publisher Cracow University of Economics
 
Contributor
 
Date 2017-06-24
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
mixed
 
Format application/pdf
 
Identifier //eber.uek.krakow.pl/index.php/eber/article/view/234
10.15678/EBER.2017.050207
 
Source Entrepreneurial Business and Economics Review; Vol 5, No 2 (2017): International Trade & Global Business; 123-142
2353-8821
2353-883X
 
Language eng
 
Relation //eber.uek.krakow.pl/index.php/eber/article/view/234/pdf
 
Coverage China, EU, Sub-Sahara Africa
current millennium
non-probability samples, probability samples
 
Rights Copyright (c) 2017 Entrepreneurial Business and Economics Review