@article{KrausClaussBreieretal.2020, author = {Kraus, Sascha and Clauss, Thomas and Breier, Matthias and Gast, Johanna and Zardini, Alessandro and Tiberius, Victor}, title = {The economics of COVID-19}, series = {International journal of entrepreneurial behaviour \& research}, volume = {26}, journal = {International journal of entrepreneurial behaviour \& research}, number = {5}, publisher = {Emerald}, address = {Bingley}, issn = {1355-2554}, doi = {10.1108/IJEBR-04-2020-0214}, pages = {1067 -- 1092}, year = {2020}, abstract = {Purpose Within a very short period of time, the worldwide pandemic triggered by the novel coronavirus has not only claimed numerous lives but also caused severe limitations to daily private as well as business life. Just about every company has been affected in one way or another. This first empirical study on the effects of the COVID-19 crisis on family firms allows initial conclusions to be drawn about family firm crisis management. Design/methodology/approach Exploratory qualitative research design based on 27 semi-structured interviews with key informants of family firms of all sizes in five Western European countries that are in different stages of the crisis. Findings The COVID-19 crisis represents a new type and quality of challenge for companies. These companies are applying measures that can be assigned to three different strategies to adapt to the crisis in the short term and emerge from it stronger in the long run. Our findings show how companies in all industries and of all sizes adapt their business models to changing environmental conditions within a short period of time. Finally, the findings also show that the crisis is bringing about a significant yet unintended cultural change. On the one hand, a stronger solidarity and cohesion within the company was observed, while on the other hand, the crisis has led to a tentative digitalization. Originality/value To the knowledge of the authors, this is the first empirical study in the management realm on the impacts of COVID-19 on (family) firms. It provides cross-national evidence of family firms' current reactions to the crisis.}, language = {en} } @article{GorupecBrehmerTiberiusetal.2022, author = {Gorupec, Natalia and Brehmer, Nataliia and Tiberius, Victor and Kraus, Sascha}, title = {Tackling uncertain future scenarios with real options}, series = {The Irish journal of management : incorporating IBAR}, volume = {41}, journal = {The Irish journal of management : incorporating IBAR}, number = {1}, publisher = {Orpen Press}, address = {Dublin}, issn = {1649-248X}, doi = {10.2478/ijm-2022-0003}, pages = {69 -- 88}, year = {2022}, abstract = {Real options are widely applied in strategic and operational decision-making, allowing for managerial flexibility in uncertain contexts. Increased scholarly interest has led to an extensive but fragmented research landscape. We aim to measure and systematize the research field quantitatively. To achieve this goal, we conduct bibliometric performance analyses and bibliographic coupling analyses with an in-depth content review. The results of the performance analyses show an increasing interest in real options since the beginning of the 2000s and identity the most influential journals and authors. The science mappings reveal six and seven research clusters over the last two decades. Based on an in-depth analysis of their themes, we develop a research framework comprising antecedents, application areas, internal and external contingencies, and uncertainty resolution through real option valuation or reasoning. We identify several gaps in that framework, which we propose to tackle in future research.}, language = {en} } @article{GorupecBrehmerTiberiusetal.2022, author = {Gorupec, Natalia and Brehmer, Nataliia and Tiberius, Victor and Kraus, Sascha}, title = {Tackling uncertain future scenarios with real options}, series = {The Irish journal of management}, volume = {41}, journal = {The Irish journal of management}, number = {1}, publisher = {Sciendo}, address = {Warsaw}, issn = {1649-248X}, doi = {10.2478/ijm-2022-0003}, pages = {69 -- 88}, year = {2022}, abstract = {Real options are widely applied in strategic and operational decision-making, allowing for managerial flexibility in uncertaincontexts. Increased scholarly interest has led to an extensive but fragmented research landscape. We aim to measure andsystematize the research field quantitatively. To achieve this goal, we conduct bibliometric performance analyses and bibliographiccoupling analyses with an in-depth content review. The results of the performance analyses show an increasing interest in realoptions since the beginning of the 2000s and identify the most influential journals and authors. The science mappings reveal sixand seven research clusters over the last two decades. Based on an in-depth analysis of their themes, we develop a researchframework comprising antecedents, application areas, internal and external contingencies, and uncertainty resolution throughreal option valuation or reasoning. We identify several gaps in that framework, which we propose to tackle in future research.}, language = {en} } @misc{GorupecBrehmerTiberiusetal.2022, author = {Gorupec, Natalia and Brehmer, Nataliia and Tiberius, Victor and Kraus, Sascha}, title = {Tackling uncertain future scenarios with real options}, series = {Zweitver{\"o}ffentlichungen der Universit{\"a}t Potsdam : Humanwissenschaftliche Reihe}, journal = {Zweitver{\"o}ffentlichungen der Universit{\"a}t Potsdam : Humanwissenschaftliche Reihe}, number = {1}, issn = {1866-8364}, doi = {10.25932/publishup-60891}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-608917}, pages = {22}, year = {2022}, abstract = {Real options are widely applied in strategic and operational decision-making, allowing for managerial flexibility in uncertaincontexts. Increased scholarly interest has led to an extensive but fragmented research landscape. We aim to measure andsystematize the research field quantitatively. To achieve this goal, we conduct bibliometric performance analyses and bibliographiccoupling analyses with an in-depth content review. The results of the performance analyses show an increasing interest in realoptions since the beginning of the 2000s and identify the most influential journals and authors. The science mappings reveal sixand seven research clusters over the last two decades. Based on an in-depth analysis of their themes, we develop a researchframework comprising antecedents, application areas, internal and external contingencies, and uncertainty resolution throughreal option valuation or reasoning. We identify several gaps in that framework, which we propose to tackle in future research.}, language = {en} } @article{FilserTiberiusKrausetal.2020, author = {Filser, Matthias and Tiberius, Victor and Kraus, Sascha and Spitzer, Jonathan and Kailer, Norbert and Bouncken, Ricarda B.}, title = {Sharing economy}, series = {International journal of entrepreneurial venturing}, volume = {12}, journal = {International journal of entrepreneurial venturing}, number = {6}, publisher = {Inderscience Enterprises}, address = {Gen{\`e}ve}, issn = {1742-5360}, doi = {10.1504/IJEV.2020.112234}, pages = {665 -- 665}, year = {2020}, abstract = {The sharing economy has received increased attention in entrepreneurship research, resulting in a complex research landscape that is hard to overlook. Using a bibliometric analysis, we aim to further synthesise the field by: 1) summarising the most important definitions given by extant literature to capture the common understanding of the sharing economy; 2) identifying three thematic clusters based on the top 20 most cited publications; 3) conducting a citation analysis to show interdependencies between all authors; and 4) identifying the research methods used in the SE publications. Our results show: 1) many definitions with different emphases; 2) conceptualisation, collaborative consumption/ownership and the disruptive character of the sharing economy as three dominant research clusters; 3) a fairly even citation practice allowing for unbiased future research; and 4) that conceptual publications and quantitative as well as qualitative studies are fairly evenly published.}, language = {en} }