Managing turbulence: Business model development in a family-owned airline

Marcel Bogers, Britta Boyd, Svend Hollensen

Research output: Contribution to journalArticleAcademicpeer-review

8 Citations (Scopus)

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? Cimber, a Denmark-based family-owned airline, has developed different business models since its establishment in 1950. Resource dependence theory can help illuminate the actions that Cimber took in this process. The family played an important role in balancing internal and external influences, shaping the scope and complexity of the business model, and creating specific path dependencies.

Original languageEnglish
Pages (from-to)41-64
Number of pages24
JournalCalifornia Management Review
Volume58
Issue number1
DOIs
Publication statusPublished - 1 Sep 2015
Externally publishedYes

Keywords

  • B2B
  • Business failures
  • Business model development
  • Families & family life

Fingerprint Dive into the research topics of 'Managing turbulence: Business model development in a family-owned airline'. Together they form a unique fingerprint.

Cite this