1,721,100 research outputs found
Founding team composition and early performance of university—Based spin-off companies
No full textThe start-up of business ventures (university spin-offs—USOs) is an important channel that universities can use to transfer the results of public research to the economic system.
Several empirical investigations however show that the majority of public-research spin-offs perform rather poorly (see for example Mustar et al., 2008. Science and Public Policy 35(2), 67–80). Therefore, identifying and analysing the obstacles that limit the success of this type of high-tech start-ups appears extremely important to better understand and, where possible, leverage their potential contributions in terms of innovation and growth.
The existing literature on the performance of USOs studies these companies as any other high-tech start up, overlooking the peculiarities related to the presence of academic personnel in the entrepreneurial/management team. The aim of this paper is to fill this gap by analysing the relationship between founding teams and USO performance through a multi-level approach to the team demography. In particular, we try to account for some of the peculiar features which may shape the functioning of USO founding teams and arise mostly from the need to properly balance the scientific and commercial orientation with one another. The empirical analysis, carried out on a sample of 103 Italian USOs, shows that founding teams with a composition that promotes simultaneously differentiation and integration of academic and non-academic profiles, exhibit superior levels of performance in terms of growth
“L’analisi di un disastro annunciato in una prospettiva organizzativa: alcune riflessioni sul ‘caso Vajont’”
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Organizational culture, entrepreneurial orientation and growth in family firms: a case study from a mature industry
No full textIn this paper we present a case study to describe how organizational culture influences the growth processes of the family firm through its impact on entrepreneurial orientation and family firm’s goals. The case shows that growth processes of family business may occur not through an holistic strategy aimed at the maximization of the overall value of the activities, but focusing on those activities that can have a positive impact on the family firm’s identity, even through the pursuit of non economic goals
INNOVATION AND STRATEGIC TYPES OF FAMILY SMES. A TEST AND EXTENSION OF MILES AND SNOW’S CONFIGURATIONAL MODEL
No full textIn this paper we attempt to construct and validate a typology of innovation strategies
among family SMEs applying the Miles and Snow’s configurational model.
We also try to extend the scope of themodel testing the fit between entrepreneurial,
managerial and governance characteristics and innovative posture of the firm.
Research has been carried out on a representative sample of small and medium
family firms of the Italian region Friuli Venezia Giulia. Results indicate that significant
differences in the mentioned contextual variables exist among different
strategic typologies of family firms, however some questions remain unanswered
and more effort is needed to develop the configurational approach in the field of
family business
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