A Study on Inheritance and Innovation in System Conversion Process of Family Businesses
While the family businesses create the miracle of growth in the trend of the world economy, the reason is the natural advantages in the early stage of family businesses: trust mechanism, capital facilities, human factors, etc. These factors become the cornerstone of the early family business. However, in the late stage of family business, its double contradictory provisions and familys control on the business limit the use and integration on social resources, resulting in the shortage of human resources, management and trust resources. The shortage restricts the sustainable growing and development of family enterprises seriously, resulting in many family businesses in trouble. Throughout the history of both Chinese and international family business, there are both the success and the failure. Some family businesses become well-known enterprises of modern corporate system, while some of them dim out in the historical stage in the second-generation heritage. In order to make up the shortcomings of family businesses, how the family businesses should inherit the advantages of the family business in the process, which innovation of the system should be adopted, a proper system designing on Game Theory is the focus. And the content of this paper is related to it.
Family business Trust mechanism System heritage Innovation
Shen Leping Li Honghai
School of Business Administration, South China University of Technology, Guangzhou, China, 510641
国际会议
The 8th International Conference on Innovation and Management(第八届创新与管理国际会议 ICIM 2011)
日本福冈
英文
604-608
2011-11-30（万方平台首次上网日期，不代表论文的发表时间）