1,721,135 research outputs found

    Product introduction and firm's growth in family firms: a quantile regression approach

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    This study contributes to the recent empirical literature that deals with a firm’s innovation-performance relationship by investigating the effect that a product’s introduction has on a firm’s growth in a sample of Italian family-run enterprises, over the period 2000–2006. Using a quantile regression approach, we observe that innovation is crucial for high-growth firms, but only for those with low family influence on the process of decision making concerning the introduction of a new product

    Family Firms, Entrepreneurship and Economic Development

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    Family firms are usually seen as the cradle of entrepreneurship, as they are the best providers of the entrepreneurial business capital. A growing literature shows that family firms are extremely well-placed to assist economic growth in many activities in the private sectors, as they combine a number of unique sociological and economic characteristics that make them extremely important in the early stage of the growth of the rm. However, the way in which economic development produces changes in dominant family patterns has been advanced much more often than the view that family patterns can aect economic development. Therefore, much research is needed to make family rms a central focus in the theoretical and academic research and a crucial issue at the core of the political agenda

    Crisi, apprendimento e governo dell’impresa

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    This paper investigates the ability of the firm to learn from previous negative events – crisis – and to adapt its behaviour to new market conditions. Identification is provided by the changes of company CEO occurred in the time interval between the 2003 and 2009. Using a large dataset of firms that underwent a CEO change in the between–crisis period, empirical results show that the occurrence of learning from large crises is relatively limited. However, when observed, learning significantly influences the firm’s ability to reorganize and its financial performance
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