Framework for Communication Model Encouraging Innovation in Thai Small and Medium Family Business During Succession

Abstract

This study aims to develop a model of communication which serves as tool and decision support system for Thai family SMEs firms’ members, both family and non-family, to encourage a family-driven innovation. A systematic review of the global family business case studies and theories was conducted to develop the framework for the future studies. This model consists of the following factors: organization innovation, social capital and socio-emotional wealth, “familiness”, succession with family driven-innovation, and communication barriers within the family firms.

Presenters

Chanun Somboonvechakarn
Student, Ph.D., Chulalongkorn University, Krung Thep Maha Nakhon [Bangkok], Thailand

Tatri Taiphapoon

Pongpun Anuntavoranich
Chulalongkorn University

Details

Presentation Type

Paper Presentation in a Themed Session

Theme

Organizational Studies

KEYWORDS

Communication Model, Family Business, Innovation, Business Succession, SMEs

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