Experimental studies in family business research. Issue 1 (March 2021)

• Record Type: Journal Article
• Authors: Lude, Maximilian; Prügl, Reinhard
• Is Part Of: Journal of family business strategy. Volume 12:Issue 1(2021)
• Publication Date: 2021-03
• Subjects: Experimental designs -- Family business research -- Research methods -- Guidelines; Family-owned business enterprises -- Management -- Periodicals; Strategic planning -- Periodicals; planning -- Periodicals; 658.04505
• DOI: 10.1016/j.jfbs.2020.100361
• Languages: English
• ISSNs: 1877-8585

Abstract

Highlights: Experimental studies have a long tradition and are increasing in popularity. Motivation and guidance of family business scholars, reviewers and editors to employ experimental research designs. A guideline on how to properly design experimental studies. Potential areas of application in family business research are provided. Abstract: Experimental studies are at the heart of scientific inquiry but have yet to gain their due recognition in the methodological repertoire of family business researchers. In this article we discuss the usefulness of experiments to further the development of family business science. We argue that well-developed experiments can enable family business scholars to not only scrutinize difficult-to-isolate relationships, but explore multilevel and causal processes that form the foundation of family firm heterogeneity. Hence, the purpose of this article is to draw researchers' attention to the value of experiments in generating new and relevant insights in family firm contexts. Our work is intended to encourage, guide and inspire family business scholars to increase methodological variety in our field by carefully designing, evaluating and carrying out experimental studies.