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Kraśnicka Teresa (University of Economics in Katowice, Poland), Steinerowska-Streb Izabella (University of Economics in Katowice, Poland)
Dynamic Capabilities and the Performance of Family and Non-family Businesses. A Perspective on Environmental Volatility
Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska, 2022, z. 163, s. 297-322, bibliogr. 92 poz.
Słowa kluczowe
Zdolności dynamiczne, Przedsiębiorstwo rodzinne, Otoczenie przedsiębiorstwa
Dynamic capabilities, Family-owned business, Enterprise environment
Purpose: The study explores the relationship between the performance of Polish family and non-family firms and their dynamic capabilities. It also aims at recognizing if environmental dynamism moderates that relationship. Moreover, it is focused on identifying whether family and non-family businesses differ in their dynamic capabilities in a highly dynamic environment. Design/methodology/approach: The study draws on a quantitative research that was conducted among family and non-family firms functioning in the Polish market. Findings: The study results indicate that the performance of businesses depends on their dynamic capabilities regardless of whether it is a family or non-family firm. Moreover, the study shows that in a highly dynamic environment, environmental dynamism does not moderate the relationship between the performance of businesses and their dynamic capabilities. Finally, the study's findings reveal that family and non-family firms did not differ in their dynamic capabilities in such an environment. Research limitations/implications: The study was conducted at a particular time, a pandemic period. Possibly, the study's results would have been different in a not-so-unusual environment. Practical implications: The study's outcomes can motivate entrepreneurs to increase the dynamic capabilities of their companies, as it shows that they influence firms' performance. Originality/value: The study develops the present knowledge concerning the dynamic capabilities of family and non-family firms. Therefore, its outcomes support both theory of family firms and the theory of dynamic capabilities. Moreover, the research extends the understanding of how businesses operate in a challenging and dynamic environment.(original abstract)
Pełny tekst
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