Simulating Dynamic Capabilities and Value Creation in Family Firms
通过系统动力学仿真，研究家长制如何随时间影响家族企业的动态能力和价值创造，发现初期低家长制和高社会资本促进积累，后期高家长制则抑制积累。
The authors conduct a simulation study using system dynamics methods to interpret how and when paternalism affects dynamic capabilities (DCs) and by association value creation in family firms. Their simulation experiments suggest that the effect of paternalism on DCs and value creation varies over time. Initially, increasing levels of family social capital and low levels of paternalism are associated with high rates of DCs and value creation accumulation ( asset). Later, higher levels of paternalism produce their pressure to decrease DCs, value creation, and family social capital accumulation rates ( liability).