The Impact of succession on family business innovation : a case study on machinery manufacturing sector in Ankara

Download
index.pdf
2014
Hacıbayramoğlu, Merve Gül
Show full item record
265
views
112
downloads
The main objective of this thesis is to investigate the role of intergenerational business succession on Turkish family firms’ innovation tendency with a comprehensive approach to both succession and innovation issues. By using qualitative data collected from 11 successors and 8 of their predecessors from 11 small and medium sized family firms which are active in the machinery manufacturing sector, we observed a positive influence of succession on innovativeness of family firms. Both generations in the firm management are satisfied with the developments upon succession which are characterised by mainly marketing innovations, however to a certain extent organisational and process innovations with a constant focus on product innovations. Successors’ up to date generic skills gained through formal education, willingly and early involvement in firm operations and, gradual takeover of the management roles, positively influence firm innovativeness. Successors’ knowledge of foreign language(s) directly, specific field of education indirectly contribute to marketing innovation. Misallocation of management roles between two generations, out of date management styles, predecessor’s resistance to change and attitude towards saving socioemotional wealth negatively influences product and process innovations and, organisational innovations at the lower management level. Changing market conditions has equal impact with succession related factors on marketing focused innovativeness.
Business enterprises., Manufacturing industries., Family-owned business enterprises., Industrial productivity
http://etd.lib.metu.edu.tr/upload/12617784/index.pdf
https://hdl.handle.net/11511/24121
Graduate School of Social Sciences, Thesis

Suggestions

Determinants of early performance of new technology-based firms supported by government: Turkish case
Turan, Damla; Erdil, Erkan; Tandoğan, V. Sinan; Department of Economics (2016)
This master’s thesis aims to analyze the determinants of the early-stage performance of New Technology-Based Firms (NTBFs) supported by the Turkish government and develop policy recommendations in order to enhance the current support mechanisms. The main contribution of this study is that it is the first study to analyze the determinants of the early-stage performance of NTBFs supported by the government in the Turkish context. For this reason, a specific government support program was chosen. 1512 Entrepre...
Institutionalization process in a family firm: a case study
Kubin, Gianni Berk; Birgönül, Mustafa Talat; Dikmen Toker, İrem; Department of Civil Engineering (2018)
The aim of the thesis is to propose a managerial framework for institutionalization of a family business. A case study has been conducted to investigate the transition process and to explore how managerial framework can be implemented in practice. The main objective of the Case Study is to investigate a family firm which is in an institutionalization period and reveal its mistakes and false actions taken during its transition period. In addition, Case Company’s critical success factors to manage the transit...
THE ROLE OF REGIONAL DEVELOPMENT AGENCIES IN TURKEY FROM IMPLEMENTING EU DIRECTIVES TO SUPPORTING REGIONAL BUSINESS COMMUNITIES?
Lagendijk, Arnoud; Kayasü, Serap; Yasar, Suna (2009-10-01)
Turkey's step-by-step embedding in the institutional and policy environment of the EU is currently compelling the country to establish a fitting structure of regional governance. A key element in this structure is the creation of regions at the NUTS-II level which will be equipped with Regional Development Agencies (RDAs). Yet the present political and economic situation in Turkey throws some doubt on the scope and future for RDA development. To what extent will the central state be able and willing to devo...
The impacts of digitalization and covid-19 on the business model of banking: a qualitative study on turkish banks
Yıldırım, Ahmet Coşkun; Erdil, Erkan; Department of Science and Technology Policy Studies (2020-9)
The aim of this thesis is to understand the effect of digitalization and the digitalization-based changes during Covid-19 pandemic on Turkish Banking Sector (TBS). For this purpose, a qualitative study comprised of structured interviews are conducted to seven top managers of diversified banks and a regulatory authority. As a theoretical framework, the digital transformation maturity model is used as a foundation of the first part of the interview to determine the maturity levels of banks. Second part of the...
Empowering knowledge driven Turkish start-ups: a practical rule-based decision support system integrated with business model canvas
Nabavi, Seyed Hesamoddin; Gönül, M. Sinan; Oran, Adil; Department of Business Administration (2015)
Entrepreneurship is the core engine of economy and value creation (Baumol, 1968) where the Turkish entrepreneurship has recently become a center of interest, both for policy makers and academicians. Empowering entrepreneurs, above all the knowledge driven entrepreneurs who transform knowledge into value (Stam et al., 2007), by strategic decision making tools, especially those tools utilized to formulate business models would help the ventures to develop faster and with minimum step backs possible. Tools suc...
Citation Formats
M. G. Hacıbayramoğlu, “The Impact of succession on family business innovation : a case study on machinery manufacturing sector in Ankara,” M.S. - Master of Science, Middle East Technical University, 2014.
METU IIS - Integrated Information Service open@metu.edu.tr