Abstract
The basic reason of the continuity of the family business is the transmission of gene between generations and the discovery of the gene of family business is the key to solve the succession. By collecting a large number of historical documents of Ford Motor Company, using grounded theory and the qualitative analysis software MAXQDA12.0, this paper studies the four generation of entrepreneurs’ management behavior, generalizes common features and conducts theoretical abstract in order to confirm the family business genes. This study finds that four generations of entrepreneurs of the Ford family have high similarity and continuity in family control, family unity, family mission, succession ability, entrepreneurship, human capital, social capital, power arrangement, crisis management and competitive strategy. On this basis, the internal logic relation of the ten categories is explored, a gene model of family business is constructed and the characteristics of gene transmission are explained.
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More From: DEStech Transactions on Economics, Business and Management
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