Business Strategies and Adaptation Mechanisms in Family Businesses during the Era of the Industrial Revolution: The Example of the Klein Family from Moravia

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  • Additional Information
    • Publication Information:
      Institute of History, Research Centre for the Humanities (RCH), Hungarian Academy of Sciences (HAS), 2015.
    • Publication Date:
      2015
    • Abstract:
      Family businesses are a central topic in the history of business, especially in the early phases of the industrialization process. This case study attempts to identify the business strategies and the adaptation mechanisms used by a family business during the era of the Industrial Revolution. The main aim of the study is to explore which adaptation mechanisms and strategies were used during the Industrial Revolution by large family firms in the Lands of the Bohemian Crown. The study focuses on a model example, the Klein family, which ranked among the foremost entrepreneurial families in the Bohemian Crown Lands. The Kleins initially rose to prominence through their road construction business. They later built private and state railways and also diversified into heavy industry. I delineate the main stages in the development of the family firm, discuss a number of key microeconomic factors which influenced the Kleins' business activities, and describe the factors which ultimately led to the downfall of this once-successful firm.
    • ISSN:
      20638647
      20639961
    • Rights:
      Copyright © 2015 The Hungarian Historical Review by the Institute of History, Research Centre for the Humanities, Hungarian Academy of Sciences
    • Accession Number:
      edsjsr.24575837
  • Citations
    • ABNT:
      PETR POPELKA; CHRISTOPHER HOPKINSON. Business Strategies and Adaptation Mechanisms in Family Businesses during the Era of the Industrial Revolution: The Example of the Klein Family from Moravia. The Hungarian Historical Review, [s. l.], v. 4, n. 4, p. 805, 2015. Disponível em: . Acesso em: 16 jul. 2019.
    • AMA:
      Petr Popelka, Christopher Hopkinson. Business Strategies and Adaptation Mechanisms in Family Businesses during the Era of the Industrial Revolution: The Example of the Klein Family from Moravia. The Hungarian Historical Review. 2015;4(4):805. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.24575837&custid=s8280428. Accessed July 16, 2019.
    • APA:
      Petr Popelka, & Christopher Hopkinson. (2015). Business Strategies and Adaptation Mechanisms in Family Businesses during the Era of the Industrial Revolution: The Example of the Klein Family from Moravia. The Hungarian Historical Review, 4(4), 805. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.24575837&custid=s8280428
    • Chicago/Turabian: Author-Date:
      Petr Popelka, and Christopher Hopkinson. 2015. “Business Strategies and Adaptation Mechanisms in Family Businesses during the Era of the Industrial Revolution: The Example of the Klein Family from Moravia.” The Hungarian Historical Review 4 (4): 805. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.24575837&custid=s8280428.
    • Harvard:
      Petr Popelka and Christopher Hopkinson (2015) ‘Business Strategies and Adaptation Mechanisms in Family Businesses during the Era of the Industrial Revolution: The Example of the Klein Family from Moravia’, The Hungarian Historical Review, 4(4), p. 805. Available at: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.24575837&custid=s8280428 (Accessed: 16 July 2019).
    • Harvard: Australian:
      Petr Popelka & Christopher Hopkinson 2015, ‘Business Strategies and Adaptation Mechanisms in Family Businesses during the Era of the Industrial Revolution: The Example of the Klein Family from Moravia’, The Hungarian Historical Review, vol. 4, no. 4, p. 805, viewed 16 July 2019, .
    • MLA:
      Petr Popelka, and Christopher Hopkinson. “Business Strategies and Adaptation Mechanisms in Family Businesses during the Era of the Industrial Revolution: The Example of the Klein Family from Moravia.” The Hungarian Historical Review, vol. 4, no. 4, 2015, p. 805. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.24575837&custid=s8280428.
    • Chicago/Turabian: Humanities:
      Petr Popelka, and Christopher Hopkinson. “Business Strategies and Adaptation Mechanisms in Family Businesses during the Era of the Industrial Revolution: The Example of the Klein Family from Moravia.” The Hungarian Historical Review 4, no. 4 (2015): 805. http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.24575837&custid=s8280428.
    • Vancouver/ICMJE:
      Petr Popelka, Christopher Hopkinson. Business Strategies and Adaptation Mechanisms in Family Businesses during the Era of the Industrial Revolution: The Example of the Klein Family from Moravia. The Hungarian Historical Review [Internet]. 2015 [cited 2019 Jul 16];4(4):805. Available from: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsjsr&AN=edsjsr.24575837&custid=s8280428