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

Download
2014
Hacıbayramoğlu, Merve Gül
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 Misallocation of management roles between two generations, out of date management styles, predecessor’s resistance to change and attitude towards saving socioemotional wealth negatively influences product and process innovations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.

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...
Patterns of firm growth in the Turkish manufacturing industry
Töngür, Ünal; Taymaz, Erol; Department of Economics (2015)
The main objectives of this dissertation are five-fold: First, to examine the relationship between employment generation and firm growth; second, to explore the impacts of firm and sector specific factors on firm growth by using conventional techniques; third, to discover the patterns of firm growth by using a novel statistical approach; fourth, to analyze the determinants of patterns of firm growth; and finally, to investigate the pattern-specific determinants of firm growth by taking into account the patt...
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...
Technology spillovers and transfer through MNCS : a case study onTurkish automotive industry
Sönmez, Alper; Pamukcu, Mehmet Teoman; Department of Economics (2012)
This thesis aims to provide evidence on whether FDI occurring in the Turkish economy has any effect on domestic firms, especially whether and to what extent it leads to KTTs towards domestic firms by paying attention to the role of MNCs. In order to do so, we firstly conduct a series of econometric analyses to analyze the impact of FDI-related technology spillovers on domestic firms’ productivity level in the Turkish manufacturing industry. Estimation results produced positive evidence on horizontal and bac...
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.