Salta al menu principale di navigazione Salta al contenuto principale Salta al piè di pagina del sito


N. 1 (2022)

Survivors: A tentative mapping of centenarian firms around the world

6 maggio 2022


Despite the relevance that the business longevity topic has taken in managerial studies over the last years, there is a lack of cross-country and cross-industry studies on business survival. Namely, there have not been concrete attempts to map long-lived companies still in operation on a global scale. In this direction, this paper aims to census firms that survived over at least 100 years worldwide, whatever their size or branch of industry. The research allowed the authors to discover the countries and the industries in which centenarian firms are most concentrated and to investigate their characteristics, such as their size or the year of their foundation.

This research is the first step of a more complex and ambitious project directed to shed light on key factors of business longevity and explain the survival capacity of long-lived firms in response to rapid change in markets and society.

Riferimenti bibliografici

  1. Agarwal R., Sarkar M.B. (2002). The conditioning effect of time on firm survival: An industry life cycle approach. Academy of Management Journal, 45(5): 971-994. DOI: 10.5465/3069325.
  2. Aronoff C. (2004). Self-perpetuation family organization built on values: a necessary condition for long-term family business survival, Family Business Review, 17(1): 55-59. DOI: 10.1111/j.1741-6248.2004.00003.x.
  3. Brixy U., Grotz R. (2007). Regional patterns and determinants of birth and survival of new firms in Western Germany. Entrepreneurship and Regional Development 19(4): 293-312. DOI: 10.1080/08985620701275510.
  4. Brüderl J., Schüssler R. (1990). Organizational mortality: The liabilities of newness and adolescence. Administrative Science Quarterly, 35(3): 530-547. DOI: 10.2307/2393316.
  5. Collins J.C., Porras J.I. (1994). Built to Last: Successful Habits of Visionary Companies, Harper Paperbacks.
  6. De Geus A. (1997). The Living Company: Habits for Survival in a Turbulent Business World. Boston.
  7. Garofano A., Riviezzo A., Napolitano M.R. (2020), Una storia, tanti modi di raccontarla. Una nuova proposta di definizione dell’heritage marketing mix / One story, so many ways to narrate it. A new proposal for the definition of the heritage marketing mix, Il Capitale Culturale, Studies on the Value of Cultural Heritage, Supplementi 10: 125-146. DOI: 10.13138/2039-2362/2460.
  8. Geroski P.A., Mata J., Portugal P. (2010). Founding conditions and the survival of new firms. Strategic Management Journal, 31(5): 510-529. DOI: 10.1002/smj.823.
  9. Gimeno J., Folta T., Cooper A., Woo C., (1997). Survival of the fittest? Entrepreneurial human capital and the persistence of underperforming firms. Administrative Science Quarterly, 42: 750-783. DOI: 10.2307/2393656.
  10. Goto T. (2006). Longevity of Japanese family firms, in Poutziouris P., Smyrnios K. and Klein S.(ed), Handbook of Research on Family Business. Edward Elgar, 517-534.
  11. Hannah L. (1999). Marshall’s “Trees” and the Global “Forest”: Were “Giant Redwoods” Different? In N.R. Lamoreaux, D.M.G. Raff, P. Temin (Eds.), Learning by Doing in Markets, Firms, and Countries. Chicago: University of Chicago Press.
  12. Mata J., Portugal P. (1994). Life duration of new firms. The Journal of Industrial Economics 43(10): 227-245. DOI: 10.2307/2950567.
  13. Miller D., Le Breton-Miller I. (2005). Managing for the long run: Lessons in competitive advantage from great family businesses. Harvard Business Press.
  14. Napolitano M.R., Marino V. (2014). I Centenari, long-lived Italian family firms. A storytelling experience. Cava de’ Tirreni, Areablu Edizioni.
  15. Napolitano M.R., Marino V., Ojala J. (2015). “In search of an integrated framework of business longevity”, Business History, Special Issue on Business Longevity, 57 (7): 955-969. DOI: 10.1080/00076791.2014.993613.
  16. Napolitano M.R., Riviezzo A., Garofano A. (2018). Heritage Marketing. Come aprire lo scrigno e trovare un tesoro, Editoriale scientifica, Napoli.
  17. O’Hara W.T. (2004). Centuries of success. Lessons from the most enduring family business, Adams Media Corporation.
  18. Riviezzo A., Skippari M., Garofano A. (2015a). Who wants to live forever: exploring 30 years of research on business longevity, Business History, Special Issue on Business Longevity, 57(7): 970-987. DOI: 10.1080/00076791.2014.993617.
  19. Riviezzo A., Garofano A., Marino V., Napolitano M.R. (2015b), C’era una volta. Racconti d’imprese storiche della manifattura campana, Sinergie Italian Journal of Management, 33 (98): 81-103. DOI: 10.7433/s98.2015.07.
  20. Riviezzo A., Garofano A., Napolitano M.R., Marino V., (2015c). Moving forward or running to stand still? The relationship between family firms' strategic posture and longevity, Journal of Family Business Strategy, 6(3): 190-205. DOI: 10.1016/j.jfbs.2015.06.001.
  21. Riviezzo A., Garofano A., Napolitano M.R., (2016). Il tempo è lo specchio dell’eternità. Strategie e strumenti di heritage marketing nelle imprese longeve italiane, Il Capitale Culturale, Studies on the Value of Cultural Heritage, 13: 497-523. DOI: 10.13138/2039-2362/1360.
  22. Riviezzo A., Garofano A., Napolitano M.R., (2021). Corporate Heritage Marketing. Using the past as a strategic asset, London and New York, Routledge.
  23. Stadler C. (2007). The four principles of enduring success, Harvard Business Review, 85 (7/8): 62.
  24. Stadler C. (2011). Enduring success. What we can learn from the history of outstanding corporations. Stanford University Press.
  25. Tàpies J., Fernàndez M., (2010). Values and longevity in family business: evidence from a cross-cultural analysis, IESE Business School, Working Paper, 866, July. DOI: 10.1108/20436231211261871.


Caricamento metriche ...