Family capital in family businesses. Complementarities of human and social capital

Research output: Chapter in Book/Report/Conference proceedingChapterScientificpeer-review

Abstract

Family capital is all social, human and financial capital a family has at their disposal in the family to advance the business. Family capital is the pool of resources unique to family business and has the potential for family businesses to gain competitive advantage over nonfamily businesses in today’s competitive landscape. In order to advance the knowledge about strategic management in family businesses, this chapter reviews quantitative empirical work on each dimension of family capital and concludes that the field is still in its infancy. Most studies concentrate on (a part of) social capital, a few on human capital and a very limited number on all three dimensions. The review of the literature enables to describe avenues for further research on family capital.
Original languageEnglish
Title of host publicationHandbook of research on the strategic management of family businesses
EditorsJ.M. Palma-Ruiz, I. Barros-Contreras, L. Gnan
PublisherIGI Global
Chapter1
Pages1-21
ISBN (Print)9781799822691, 1799822699
DOIs
Publication statusPublished - 2020

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