Identifying and prioritizing factors affecting the continuity of family business during the outbreak of Covid-19

Document Type : Research Paper

Authors

1 PhD Student, Department of Entrepreneurship, Qazvin Branch, Islamic Azad University, Qazvin, Iran

2 Assistant Professor of Entrepreneurship Development, Faculty of Entrepreneurship, University of Tehran, Tehran, Iran. (Corresponding Author)

3 Assistant Professor, Department of Management, Qazvin Branch, Islamic Azad University, Qazvin, Iran.

Abstract

Introduction: The privileged and vital position of family businesses as the oldest and most dominant form of business in innovation, wealth generation and job creation and unemployment removal and more importantly the continuity of businesses created in the current state of the global economy, for every A developing country like our beloved country Iran, prompted researchers to conduct a research with the aim of identifying and prioritizing the factors affecting the continuity of family businesses during the outbreak of Covid-19.
Methods: The research method is mixed exploratory. The statistical population is all the owners, senior and middle managers and employees of active family businesses in Gilan and Mazandaran provinces, based on Morgan's table, 384 people were selected as a sample for the large population. The data collection tools in the qualitative part included library studies and in-depth and semi-structured interviews with family business owners and managers, and in the quantitative part, the researcher made a questionnaire.
Results: The results of this research showed that 9 general factors were identified, which include entrepreneurial orientation, environmental factors, family capital, business profitability and growth, strategic planning, succession plan, business governance, leadership and business management. Work was a family culture.
Conclusion: Entrepreneurial tendency is the first priority in terms of importance, followed by environmental factors, family capital, and business growth and profitability, respectively.

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