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Sustainability in family business settings: a strategic entrepreneurship perspective

    • University of South Asia
    • Universiti Sultan Zainal Abidin

    Research output: Contribution to journalArticlepeer-review

    31 Citations (Scopus)

    Abstract

    Purpose: Family business sustainability is a critical issue. This study considers if adopting a strategic entrepreneurship orientation can support the sustainability of a family business. Design/methodology/approach: A qualitative approach is used, in which semi-structured interviews were conducted with twelve family business owners. Data collected during the interviews provides insights into understanding, practices, motivations, behaviours and attitudes relating to sustainability. Findings: Although awareness of sustainability processes and procedures is found to be low, sustainability is important to the family business. However, sustainability is not managed or implemented systematically. Originality/value: The paper presents a new model to describe the sustainability practices of family businesses. Adoption of strategic entrepreneurship is advocated as mechanism for improving sustainability. Practical and policy implications are suggested to enhance the effectiveness of sustainability initiatives in family business settings.

    Original languageEnglish
    JournalJournal of Family Business Management
    DOIs
    Publication statusAccepted/In press - 2024

    Keywords

    • entrepreneurship
    • family business
    • strategic entrepreneurship
    • sustainability

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