A collaborative research project between New York University Abu Dhabi and Tharawat Family Business Forum

Family Businesses in Emerging and Developed Countries: A Historical Perspective of the Different Pathways and Opportunities for the Future

Session Details

Guest Speaker: Professor Paloma Fernández, Full Professor in Economic and Business History, University of Barcelona

​Date:  7 September 2022

​Time:  1 – 2 pm Abu Dhabi time

Format: Webinar

​Open to NYUAD community and by invitation

Abstract

Family businesses are neither standard nor universal business organizations that operate without historical context. Families vary within the same territory over time, and so do the businesses in which they invest. The respective economical, political, and cultural frameworks of nations and states also change through time and greatly impact the growth and opportunities of multi-generational enterprises.

Scholars tend to differentiate pathways of economic development into broad groups that can be classified in a dynamic way as developed, developing, or emerging economies.

 In this webinar, Prof. Paloma Fernández will discuss key findings from a research project that aimed to identify key differences between the largest family businesses of developed and emerging economies at the beginning of the 21st century.

We will explore how path-dependent, long-term interaction of complex environmental factors (institutions, macroeconomic factors, culture) and ever-changing microeconomic dynamics of family businesses help explain many of the opportunities, and obstacles that family businesses face today.

KEY DISCUSSION POINTS:

  • Observations from case studies across regions.
  • What are the differences between family businesses in developed and emerging economies related to economic specialization and average longevity?
  • Why does data suggest that family businesses in emerging economies seem to have a bigger specialization in capital-intensive sectors like telecommunications, energy, media, and heavy industry? 
  • How have family businesses in emerging markets with particularly unstable macroeconomic and institutional contexts ensured their success and growth? 
  • Outlook for the future of family businesses in developed and emerging markets.

 

Agenda

Introduction

Family Business Histories in the MENASA Region

Farida El-Agamy, Tharawat Family Business Forum

Prof. Martin A. Klimke, NYUAD

PRESENTATION

Family Businesses in Emerging and Developed Countries

Prof. Paloma Fernández, Full Professor in Economic and Business History, University of Barcelona

DISCUSSION

Discussion and Q&A

Prof. Paloma Fernández, Full Professor in Economic and Business History, University of Barcelona

Farida El-Agamy, Tharawat Family Business Forum

Prof. Martin A. Klimke, NYUAD

Registration

For questions please contact: contact@familybusinesshistories.org