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Family Business Review
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Family Business Groups in India: A Resource-Based View of the Emerging Trends

S. Manikutty

Indian Institute of Management, Ahmedabad, India

Following the lead of Habbershon and Williams (1999), this paper uses the resource-based view of firms to understand the strategic responses of nine family groups to the more liberalized environment in India's emerging economy. Using the concepts and empirical findings in the resource-based view (RBV) stream of literature, this manuscript offers six hypotheses related to the restructure of business portfolios, structural changes within organizations, and the induction of professional family and nonfamily members. I also identify five emerging trends in the responses and use them to test the hypotheses. Data from published sources indicates a high degree of support for the hypotheses. The manuscript also shows how the resource-based view of the firm provides an excellent theoretical framework for understanding and interpreting these responses and suggests directions for further research.

Family Business Review, Vol. 13, No. 4, 279-292 (2000)
DOI: 10.1111/j.1741-6248.2000.00279.x
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T. G. Habbershon and J. Pistrui
Enterprising Families Domain: Family-Influenced Ownership Groups in Pursuit of Transgenerational Wealth
Family Business Review, September 1, 2002; 15(3): 223 - 237.
[Abstract] [PDF]