Adapt or Perish ! A Systematic Review of the Literature on Strategic Renewal and the Family Firm

The objective of this paper is to examine the current state of strategic renewal research in family businesses, identifying the main research gaps and providing a path for future research to the academics. To do so, we have performed a systematic and comprehensive review of 21 studies (20 articles a...

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Bibliographic Details
Published inEuropean Journal of Family Business Vol. 12; no. 2; pp. 137 - 155
Main Authors Hernández Linares, Remedios, Arias-Abelaira, Triana
Format Journal Article
LanguageEnglish
Published 2022
Subjects
Empresa familiar
Estrategia
Family firm
Literature Review
Renewal
Renovación estratégica
Revisión de la literatura
Strategic
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Summary:The objective of this paper is to examine the current state of strategic renewal research in family businesses, identifying the main research gaps and providing a path for future research to the academics. To do so, we have performed a systematic and comprehensive review of 21 studies (20 articles and 1 book chapter) about strategic renewal and family business published between 2009 and 2022. Our comprehensive analysis reveals that the majority of studies to date are empirical studies that have focused on the strategic renewal’s antecedents, while the strategic renewal’s outcomes remain unexplored. This and other significant research gaps are identified and discussed in this review, which emphasizes the need for further research about the topic.
ISSN:2444-877X
2444-8788
DOI:10.24310/ejfbejfb.v12i2.14718