Family Owned Business Institute

Research Scholar's Abstracts 2004 - Vipin Gupta, Ashok Kumar

Operational Effectiveness As a Source of Strategic Advantage in Family Owned Businesses: An Analytical and Empirical Study>
Vipin Gupta, Ashok Kumar
2004
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The objective of the proposed research is to build on a growing body of theoretical and empirical literature suggesting that family businesses outperform the non-family businesses. The authors seek to investigate why family businesses, in particular the second or later generation, are able to gain a strategic advantage through greater operational effectiveness in comparison to the non-family firms.

The goal is to integrate the insights from the resource-based view and agency theory with the insights from the operations and organization theories to formulate a systemic framework that accounts for the genesis of the superior operational effectiveness advantage of the family business.