Narratives of survival: how entrepreneurial families narrate their longevity

Author:

Boyd BrittaORCID,Nagel LinaORCID,Schneider Shiva Maria,Kleve Heiko,Rüsen Tom

Abstract

PurposeThe question of crisis resistance and resilience of long-lived family businesses became particularly volatile with the beginning of the Corona crisis. In this context the project “Narratives of Survival” was launched focusing on the prevailing narratives to find out how crisis situations have been dealt with and narrated by long-lived German family firms.Design/methodology/approachBased on narrative interviews, the empirical study of transgenerational entrepreneurship was first approached in an open-ended manner. The interview guideline addresses different types of crises and asks about resources, insights, regulations and explanations for the longevity of the family businesses.FindingsIn the qualitative content analysis, 12 guiding narratives were pointed out, providing information about the self-narratives of these entrepreneurial families which revolve around the three themes of self-image, familiarity and strategy.Originality/valueThis study provides information about the secrets of longevity of four very old family firms. The narratives revealed that strengthening the identity of the entrepreneurial family and employees of the family business as well as generating a shared reality, supports constructive handling of challenges and crises. This study contributes to theory by answering calls for narrative analysis in family firms and to practice by showing what younger companies can learn from long-lived family businesses.

Publisher

Emerald

Subject

Business, Management and Accounting (miscellaneous),Business and International Management

Cited by 4 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Narratives of and for survival in family firms: family influence on narrative processing;Journal of Family Business Management;2024-08-06

2. Entrepreneurial resilience (ER) and family business: a perspective article;Journal of Family Business Management;2024-01-10

3. Effectuation and strategic evolution for sustainable longevity: the case of a 19th-generation family firm;International Journal of Entrepreneurial Behavior & Research;2023-11-17

4. Powerful stories;Strategic Direction;2023-11-03

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