Emanuela Rondi and Paola Rovelli
This paper aims to examine the influence that family firms’ top management team (TMT) behavior and characteristics exert on their innovation opportunity realization.
Abstract
Purpose
This paper aims to examine the influence that family firms’ top management team (TMT) behavior and characteristics exert on their innovation opportunity realization.
Design/methodology/approach
Data were collected through a survey addressed to a representative sample of Italian firms. The analyzed sample consists of 237 firms, 120 of which are family firms. A series of ordinary least squares models were used to test the four hypotheses.
Findings
Family firms realize fewer innovation opportunities than non-family firms. This result is fully mediated by the knowledge exchange in the TMT as follows: in family firms, the TMT exchanges less knowledge than in non-family firms, which drives their lower realization of innovation opportunities. In family firms TMT, the increase in the non-family members positively influences the TMT knowledge exchange, but only when the time the Chief Executive Officer (CEO) spends in searching for innovation opportunities outside the firm is low. The more the CEO search increases, the more this positive influence decreases, up to the point it becomes negative.
Research limitations/implications
The study contributes to the literature on innovation, knowledge management and organizational design in family firms. Nevertheless, data were collected at a single point in time and in a single country.
Practical implications
The study suggests family firms on how to foster the realization of innovation opportunities. A greater TMT knowledge exchange allows to realize more innovation opportunities and the TMT characteristics emerged as the drivers of this TMT knowledge exchange. As such, family firms should examine the interaction of their TMT composition in terms of non-family and family members with the effort that the CEO deploys to search for innovation opportunities outside the firm.
Originality/value
Empirical investigation of the link between family ownership, absorptive capacity and innovation performance by considering TMT behavior and characteristics.
Details
Keywords
Haya Al-Dajani, Nupur Pavan Bang, Rodrigo Basco, Andrea Calabrò, Jeremy Chi Yeung Cheng, Eric Clinton, Joshua J. Daspit, Alfredo De Massis, Allan Discua Cruz, Lucia Garcia-Lorenzo, William B. Gartner, Olivier Germain, Silvia Gherardi, Jenny Helin, Miguel Imas, Sarah Jack, Maura McAdam, Miruna Radu-Lefebvre, Paola Rovelli, Malin Tillmar, Mariateresa Torchia, Karen Verduijn and Friederike Welter
This conceptual, multi-voiced paper aims to collectively explore and theorize family entrepreneuring, which is a research stream dedicated to investigating the emergence and…
Abstract
Purpose
This conceptual, multi-voiced paper aims to collectively explore and theorize family entrepreneuring, which is a research stream dedicated to investigating the emergence and becoming of entrepreneurial phenomena in business families and family firms.
Design/methodology/approach
Because of the novelty of this research stream, the authors asked 20 scholars in entrepreneurship and family business to reflect on topics, methods and issues that should be addressed to move this field forward.
Findings
Authors highlight key challenges and point to new research directions for understanding family entrepreneuring in relation to issues such as agency, processualism and context.
Originality/value
This study offers a compilation of multiple perspectives and leverage recent developments in the fields of entrepreneurship and family business to advance research on family entrepreneuring.
Details
Keywords
This invited paper aims to explore current knowledge and recent trends within published management research to illustrate the development and contribution of research on this…
Abstract
Purpose
This invited paper aims to explore current knowledge and recent trends within published management research to illustrate the development and contribution of research on this topic and to outline promising future research directions.
Design/methodology/approach
A systematic literature review of 34 articles between January 2018 and August 2022 has been undertaken, which reflects the increased scholarly attention, in recent years, upon the topic of women entrepreneurs in the fields of science, technology, engineering and mathematics (STEM).
Findings
This review highlights that this topic remains under-explored and that recent research tends to explore STEM women's entrepreneurial activity in different country contexts. The opportunity exists to advance theoretical understandings of how gender is operationalised within gendered contexts and places.
Originality/value
This paper reviews research to date and offers suggested avenues for further research.
Details
Keywords
Pierluigi Morano, Francesco Tajani and Debora Anelli
The present research aims to develop and test an evaluation support model for decisions alert soil surface saving to be used in the redevelopment of abandoned and degraded…
Abstract
Purpose
The present research aims to develop and test an evaluation support model for decisions alert soil surface saving to be used in the redevelopment of abandoned and degraded properties through involvement of private developers.
Design/methodology/approach
Adapting operations research principles to the public–private partnership features that are typical of urban planning issues, the model pursues a complex objective function, that concerns urban parameters to be attributed to properties to be recovered. An elaboration of a Pareto-optimal frontier has defined possible scenarios for different trends of the variables under consideration.
Findings
The efficiency of the model is verified through application to a real case study concerning urban renewal of a property in disuse located in a city in Southern Italy. The outputs confirm the potentialities and flexibility of the proposed model to support urban planning decisions by improving the implementation of conservation policies, in terms of a reduced impact of urban transformation projects on the available natural land surface.
Practical implications
Depending on the objectives of public sector, the model can generate a range of urban parameter combinations to be attributed to the recovered properties to achieve low consumption of natural surfaces, with bargaining between the public and private sectors around these parameters. The model can also be used in the initial phases of the renewal initiative, when it is necessary to define the costs and the revenues involved or to assess alternative solutions capable of reducing impacts on the environment.
Originality/value
The model can be applied to identify the appropriate rewards in a project that can stimulate the private developers to realize further public infrastructures and services than minimum quantities established by the current local urban regulations. In this sense, the model represents an original scientific reference in the current strategies promoted by the European Union for achievement of a “no net land take” by 2050, aimed at reducing natural surface occupied by buildings and roads.