Managing Turbulence in a Family-Owned Airline: A Resource Dependence Perspective on Business Model Development

California Management Review, Forthcoming

40 Pages Posted: 1 Aug 2015  

Marcel Bogers

University of Copenhagen - Department of Food and Resource Economics (IFRO)

Britta Boyd

University of Southern Denmark

Svend Hollensen

University of Southern Denmark

Date Written: July 29, 2015

Abstract

How can a family business reduce environmental uncertainty and dependence by developing its business model, changing the logic of creating and capturing value through its activities? We address this question by exploring the case of Cimber, a Denmark-based family-owned airline, which has developed different business models since its establishment in 1950. We build on resource dependence theory to investigate the actions that Cimber took in this process. We find an important role of the family in balancing internal and external influences, in shaping the scope and complexity of the business model, and in creating specific path dependencies in this process.

Suggested Citation

Bogers, Marcel and Boyd, Britta and Hollensen, Svend, Managing Turbulence in a Family-Owned Airline: A Resource Dependence Perspective on Business Model Development (July 29, 2015). California Management Review, Forthcoming. Available at SSRN: https://ssrn.com/abstract=2638044

Marcel Bogers (Contact Author)

University of Copenhagen - Department of Food and Resource Economics (IFRO) ( email )

Unit for Innovation, Entrepreneurship & Management
Rolighedsvej 25
Copenhagen, 1958
Denmark

Britta Boyd

University of Southern Denmark ( email )

Campusvej 55
DK-5230 Odense, 5000
Denmark

Svend Hollensen

University of Southern Denmark ( email )

Campusvej 55
DK-5230 Odense, 5000
Denmark

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