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- Title
本地嵌入与家族企业的可持续成长 ——基于日本长寿家族企业的多案例研究.
- Authors
李新春; 邹立凯
- Abstract
The family business with over a hundred years is closely related to the territory in which it runs. However, the connection between the family business and the territory is surprisingly neglected. In this paper, the territory is divided into three dimensions: territorial industry, culture and community, From the perspective of embeddedness, this paper puts forward the framework of territorial embeddedness of long-lived family business in attempt to reveal the territorial embeddedness of long-lived family business and its relationship with business development. Based on the field research and case analysis, The local embeddedness of family businesses includes:(1) Highly involved in the local industry, develops a local management style for employees and maintains long-term cooperation with local raw material manufacturers and suppliers for generations; (2) Sharing local cultural values, becomes cultural symbols and identity-related symbols of the territory, and family members are influenced by social ethics and morality; (3) Highly sensitive and concerned about the local political environment, maintains close social connection with the local society, and forms a social community with the territory as the bond through cooperation and mutual assistance with territorial peers. Further analysis shows that local embeddedness plays an important role in the sustainable growth of family business. Due to the embeddedness relationship with the region, the long-lived family business cannot be imitated in acquiring industrial knowledge, talents and other industrial resources, while forming long-term cooperation ability and strong social capital mobilization ability. These unique resources and abilities can help the family business overcome all kinds of difficulties to maintain long-term survival in the process of business operation. This case study broadens the understanding of the advantages of family business from the perspective of local embeddedness, and has important practical enlightenment on how to maintain the foundation of family business in China.
- Publication
Nankai Business Review, 2021, Issue 4, p4
- ISSN
1008-3448
- Publication type
Article