Family Business Histories | Family Businesses in Emerging and Developed Countries – A Historical Perspective
Family Businesses Histories
Family Businesses in Emerging and Developed Countries
A Historical Perspective of the Different Pathways and Opportunities for the Future
Family businesses are neither standard nor universal business organizations that operate without/devoid of historical context. Families vary within the same territory and business culture over time, and so do businesses in which they partially or fully/completely invest. The respective economical, political, and cultural frameworks of nations and states also change through time and greatly impact the growth and opportunities of multi-generational enterprises.
Scholars tend to differentiate pathways of economic development into broad groups that can be classified in a dynamic way as developed, developing, or emerging economies.
In this webinar, Prof. Paloma Fernández discussed key findings from a research project that aimed to identify key differences between the largest family businesses in a limited sample of developed and emerging economies at the beginning of the 21st century.
We explored how path-dependent, long-term interaction of complex environmental factors (institutions, macroeconomic factors, culture) and ever-changing microeconomic dynamics of family businesses help explain many of the opportunities, and obstacles, that family businesses face today.
Observations from case studies across regions.
What are the differences between family businesses in developed and emerging economies related to economic specialization and average longevity?
Why does data suggest that family businesses in emerging economies seem to have a bigger specialization in capital-intensive sectors like telecommunications, energy, media, and heavy industry?
How have family businesses in emerging markets with particularly unstable macroeconomic and institutional contexts ensured their success and growth?
Outlook for the future of family businesses in developed and emerging markets.
- Professor Paloma Fernández, Full Professor in Economic and Business History at the University of Barcelona
- Martin A. Klimke, Associate Professor of History. Vice Provost for Academic Policies & Governance, New York University Abu Dhabi
- Farida F. El Agamy, General Manager, Tharawat Family Business Forum
Get an insight into the worldwide unique research program between the New York University Abu Dhabi and Tharawat Family Business Forum. Read more about this unique project here!
In Partnership with NYU Abu Dhabi