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Publications (10 of 110) Show all publications
Menzies, J., Chavan, M., Jack, R., Scarparo, S. & Chirico, F. (2024). Australian Indigenous female entrepreneurs: The role of adversity quotient. Journal of Business Research
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2024 (English)In: Journal of Business Research, ISSN 0148-2963, E-ISSN 1873-7978Article in journal (Refereed) Accepted
Abstract [en]

Drawing on the experiences of 18 Australian Indigenous female entrepreneurs (AIFE), we use a grounded theory approach to understand their entrepreneurial development in the face of adversity. Informed by the concept of adversity quotient (AQ), our findings reveal that Indigenous female entrepreneurs do experience a range of adversities stemming from their gender and ethnic background. We examine the role that AQ – specifically, an individual’s ability to deal with adverse situations – has in allowing Indigenous entrepreneurs to leverage contingencies to establish a business. We find that business success is enabled by Indigenous entrepreneurs seeking to control the situation through endurance and persistence and taking ownership to improve their situation. We contribute to the existing underdog entrepreneurship literature by developing a model of adversity encountered by AIFEs.

Keywords
Underdog entrepreneurship, Australian Indigenous Female Entrepreneurs, Adversity Quotient
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-63486 (URN);intsam;63486 (Local ID);intsam;63486 (Archive number);intsam;63486 (OAI)
Available from: 2024-02-06 Created: 2024-02-06 Last updated: 2024-02-06
Baù, M., Karlsson, J., Haag, K., Pittino, D. & Chirico, F. (2024). Employee layoffs in times of crisis: do family firms differ?. Entrepreneurship and Regional Development
Open this publication in new window or tab >>Employee layoffs in times of crisis: do family firms differ?
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2024 (English)In: Entrepreneurship and Regional Development, ISSN 0898-5626, E-ISSN 1464-5114Article in journal (Refereed) Epub ahead of print
Abstract [en]

In this study, we seek to understand firm behaviour during times of crisis, with a particular focus on family firms in different contexts. We theorize that family control mitigates (i.e. negatively moderates) the relationship between economic crisis and the layoff of employees, resulting in a higher propensity of family firms to retain their employees during a crisis compared to their nonfamily counterparts. Furthermore, taking a closer look at family firms, based on their location, we argue that family firms in rural regions are more likely to adopt measures leading to involuntary job turnover than family firms in urban areas due to a higher sensitivity to the loss of socioemotional wealth following a business closure. Relying on a panel dataset of Swedish private firms active in the period 2004-2012, our study contributes to a better understanding of family firms as employers in different contexts.

Place, publisher, year, edition, pages
Taylor & Francis, 2024
Keywords
Family firms, socioemotional wealth, local embeddedness, rural environment, economic crisis, employee layoff
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-63483 (URN)10.1080/08985626.2024.2309160 (DOI)001153476100001 ()2-s2.0-85183925567 (Scopus ID)HOA;;935478 (Local ID)HOA;;935478 (Archive number)HOA;;935478 (OAI)
Available from: 2024-02-05 Created: 2024-02-05 Last updated: 2024-02-20
Shankar, A., Behl, A., Pereira, V., Chavan, M. & Chirico, F. (2024). Exploring enablers and inhibitors of AI-enabled drones for manufacturing process audits: A mixed-method approach. Business Strategy and the Environment
Open this publication in new window or tab >>Exploring enablers and inhibitors of AI-enabled drones for manufacturing process audits: A mixed-method approach
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2024 (English)In: Business Strategy and the Environment, ISSN 0964-4733, E-ISSN 1099-0836Article in journal (Refereed) Epub ahead of print
Abstract [en]

The objective of this study is to explore the enablers and inhibitors of AI-enabled drone adoption for manufacturing process audit using a mixed-method design. A qualitative study was performed to explore the enablers and inhibitors. Further, based on the findings of the qualitative studies, a framework was proposed, and proposed hypotheses were examined using a survey-based study. The results indicated that function, environmental, and epistemic values are major enablers, whereas vulnerability and sunk cost barriers are major inhibitors to adoption intention. The initial trust and inertia were crucial mediators, and organizations' technological innovativeness played a crucial moderating role. This study enriches the literature on technological adoption for sustainability and helps audit service providers design strategies to enhance AI-enabled drone adoption for process audits. 

Place, publisher, year, edition, pages
John Wiley & Sons, 2024
Keywords
AI-enabled drone, Industry 4.0, innovation resistance theory, mixed-method approach, process audit, theory of consumption values
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-63485 (URN)10.1002/bse.3679 (DOI)001139927600001 ()2-s2.0-85181975235 (Scopus ID);intsam;935524 (Local ID);intsam;935524 (Archive number);intsam;935524 (OAI)
Available from: 2024-02-06 Created: 2024-02-06 Last updated: 2024-02-06
Wu, S., Chirico, F., Fan, D., Ding, J. & Su, Y. (2024). Foreign Market Exit in Family Firms: Do Historical Military and Cultural Frictions Matter?. Journal of world business (Print), 59(1), Article ID 101504.
Open this publication in new window or tab >>Foreign Market Exit in Family Firms: Do Historical Military and Cultural Frictions Matter?
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2024 (English)In: Journal of world business (Print), ISSN 1090-9516, E-ISSN 1878-5573, Vol. 59, no 1, article id 101504Article in journal (Refereed) Published
Abstract [en]

In a fast-changing world, strategic decisions to exit a foreign market become more complex for family firms, owing to their vulnerability to uncertainty in internationalization. However, there is scant research on family firms’ foreign market exit with respect to their responses to contextual influences from home and host countries. This study reconciles the socioemotional wealth (SEW) perspective and the friction lens to address this gap. Using a sample of 1,455 subsidiaries established by 413 Chinese family firms in 2009-2018, we find that historical military friction increases family firms’ foreign market exit, while cultural friction leads to a lower exit propensity. We also find that family management reinforces the friction-exit relationships, and this effect is strengthened when the family firm is controlled by the first generation. Our theory and related findings deepen our understanding of the foreign market exit decision of family firms while offering important theoretical and managerial implications.

Place, publisher, year, edition, pages
Elsevier, 2024
Keywords
Historical military friction, Cultural friction, Foreign market exit, Family management, Family generation, Family firms
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-62700 (URN)10.1016/j.jwb.2023.101504 (DOI)001108610700001 ()2-s2.0-85175450097 (Scopus ID)HOA;intsam;62700 (Local ID)HOA;intsam;62700 (Archive number)HOA;intsam;62700 (OAI)
Available from: 2023-10-23 Created: 2023-10-23 Last updated: 2023-12-15Bibliographically approved
Bahuleyan, A., Chavan, M., Krzeminska, A. & Chirico, F. (2024). Process and variance research: Integrating research on university spinoff evolution. Technovation, 130, Article ID 102920.
Open this publication in new window or tab >>Process and variance research: Integrating research on university spinoff evolution
2024 (English)In: Technovation, ISSN 0166-4972, E-ISSN 1879-2383, Vol. 130, article id 102920Article in journal (Refereed) Published
Abstract [en]

University spinoffs (USOs) are firms created to commercialize research outcomes or innovative technologies developed by university members. This paper adopts a systematic literature review approach for exploring the trajectory of the USO research field. It categorizes the literature based on two perspectives: the process of how USOs develop and what factors can explain the variance of USO development; the paper critically examines the USO literature through these two lenses. By integrating these two perspectives and examining 120 peer-reviewed journal articles published between 1987 and 2022, we develop a comprehensive model of USO development. The paper contributes to the extant literature on academic entrepreneurship by contending that while the “how” and “what” questions pose unique challenges for USO scholars, they cannot be separated because the process and variance models are complementary and important in advancing research on USOs. As such, we explore and identify specific factors that affect each of the distinct phases of the USO development at the institutional, organizational, and individual levels of analysis which form the basis for a rich future research agenda.

Place, publisher, year, edition, pages
Elsevier, 2024
Keywords
University spinoffs, variance perspective, process perspective, integrated framework, research commercialization
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-62900 (URN)10.1016/j.technovation.2023.102920 (DOI)001127732900001 ()2-s2.0-85178328007 (Scopus ID)HOA;intsam;62900 (Local ID)HOA;intsam;62900 (Archive number)HOA;intsam;62900 (OAI)
Available from: 2023-11-20 Created: 2023-11-20 Last updated: 2024-01-08Bibliographically approved
Surana, A., Chavan, M., Kumar, V. & Chirico, F. (2024). The internationalization process: A contextual analysis of Indian ibusiness firms. International Business Review, Article ID 102255.
Open this publication in new window or tab >>The internationalization process: A contextual analysis of Indian ibusiness firms
2024 (English)In: International Business Review, ISSN 0969-5931, E-ISSN 1873-6149, article id 102255Article in journal (Refereed) Epub ahead of print
Abstract [en]

The dynamic world we live in requires that traditional international business theories be revisited to obtain insights into the internationalization of emerging market ibusiness firms (EMIFs). Research states that an ibusiness firm’s internationalization process is distinct and faster because users co-create content through interactions among themselves to generate value for the firm. However, it is unclear how EMIFs become credible global players within a short period despite being late arrivals in the market and having fewer resources. Drawing on insights from the linkage, leverage, and learning (LLL) framework, this research aims to understand the internationalization process of EMIFs from India by adopting a multiple case study–based approach whereby we conducted multiple in-depth interviews with 14 Indian ibusiness firms. This study contributes to the extant literature on ibusiness internationalization by developing a framework to advance our understanding of the internationalization process for EMIFs. Further, the study contributes to the LLL framework by offering novel additions to the three aspects of linkage, leverage, and learning, thereby, extending LLL framework to the ibusiness firms.

Place, publisher, year, edition, pages
Elsevier, 2024
Keywords
IBusiness firms, Internationalization, LLL framework, User networks, Emerging markets, India
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-63487 (URN)10.1016/j.ibusrev.2024.102255 (DOI)2-s2.0-85184053489 (Scopus ID)HOA;intsam;63487 (Local ID)HOA;intsam;63487 (Archive number)HOA;intsam;63487 (OAI)
Available from: 2024-02-06 Created: 2024-02-06 Last updated: 2024-02-20
Pinelli, M., Chirico, F., De Massis, A. & Zattoni, A. (2023). Acquisition relatedness in family firms: Do the environment and the institutional context matter?. Journal of Management Studies
Open this publication in new window or tab >>Acquisition relatedness in family firms: Do the environment and the institutional context matter?
2023 (English)In: Journal of Management Studies, ISSN 0022-2380, E-ISSN 1467-6486Article in journal (Refereed) Epub ahead of print
Abstract [en]

Research on the acquisition behavior of family firms has produced conflicting theoretical arguments and mixed empirical findings on their propensity to acquire related or unrelated targets. While previous work has mainly focused on firm-level variables, this study examines the environment in which family firms operate and the institutional context where acquisitions take place. Drawing on the mixed gambles logic of the behavioral agency model, we theorize that family firms are more likely than nonfamily firms to undertake related acquisitions when they operate in uncertain environments to avoid losses to the family’s current socioemotional wealth. However, family firms are more likely to undertake unrelated acquisitions, when the environment is uncertain but the target operates in a similar and more developed institutional context where prospective financial gains are more predictable. Overall, building on a sample of 1,014 international acquisitions, our study offers important contributions to the literature on family firms and acquisitions.

Place, publisher, year, edition, pages
John Wiley & Sons, 2023
Keywords
Acquisitions; relatedness; family firms; environmental uncertainty; institutional context
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-60151 (URN)10.1111/joms.12932 (DOI)000979151900001 ()2-s2.0-85157986244 (Scopus ID)HOA;intsam;60151 (Local ID)HOA;intsam;60151 (Archive number)HOA;intsam;60151 (OAI)
Available from: 2023-04-17 Created: 2023-04-17 Last updated: 2023-05-29
Gómez-Mejia, L. R., Chirico, F., Martin, G. & Baù, M. (2023). Best Among the Worst or Worst Among the Best? Socioemotional Wealth and Risk-Performance Returns for Family and Non-Family Firms Under Financial Distress. Entrepreneurship: Theory & Practice, 47(4), 1031-1058
Open this publication in new window or tab >>Best Among the Worst or Worst Among the Best? Socioemotional Wealth and Risk-Performance Returns for Family and Non-Family Firms Under Financial Distress
2023 (English)In: Entrepreneurship: Theory & Practice, ISSN 1042-2587, E-ISSN 1540-6520, Vol. 47, no 4, p. 1031-1058Article in journal (Refereed) Published
Abstract [en]

A firm’s proactive engagement in risk, which has been deeply intertwined with the entrepreneurship literature, is essential to sustaining a firm’s long-term competitive advantage. Drawing on BAM’s mixed gamble logic in a family firm context, the present study offers a theoretical framework examining how firm risk returns differ in the contexts of distressed (the worst) and nondistressed (the best) family and nonfamily firms. We predict that family control moderates the risk taking performance relationship. That is, compared with nonfamily firms, a mixed gamble featuring the prospect of socioemotional and financial losses leads family firms to extract higher financial returns from risk taking when in financial distress, but lower financial returns when they are not in financial distress. Our theoretical expectations are supported using a matched sample of Swedish firms.

Place, publisher, year, edition, pages
Sage Publications, 2023
Keywords
family firm, risk taking, financial distress, firm performance
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-54891 (URN)10.1177/10422587211057420 (DOI)000762615800001 ()2-s2.0-85125518666 (Scopus ID)HOA;intsam;1604180 (Local ID)HOA;intsam;1604180 (Archive number)HOA;intsam;1604180 (OAI)
Available from: 2021-10-19 Created: 2021-10-19 Last updated: 2023-08-30Bibliographically approved
Wang, W., Eddleston, K. A., Chirico, F., Zhang, S. X., Liang, Q. & Deng, W. (2023). Family Diversity and Business Start-Up: Do Family Meals Feed the Fire of Entrepreneurship?. Entrepreneurship: Theory & Practice, 47(4), 1265-1297
Open this publication in new window or tab >>Family Diversity and Business Start-Up: Do Family Meals Feed the Fire of Entrepreneurship?
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2023 (English)In: Entrepreneurship: Theory & Practice, ISSN 1042-2587, E-ISSN 1540-6520, Vol. 47, no 4, p. 1265-1297Article in journal (Refereed) Published
Abstract [en]

Integrating the family embeddedness perspective with research on commensality and family meals, we develop a framework that explains why some families are more likely to fuel entrepreneurship than others. Inspired by the diversity literature and the role of the Chinese Confucian culture in shaping family dynamics, we explore how two demographic (i.e., age and gender) and two knowledge-based (i.e., education and industry) sources of diversity within family households predict a family member starting a business. We further theorize that these relationships are contingent on the frequency of family meals, as family meals serve as a conduit for how family diversity affects entrepreneurship by providing the setting where socialization and interaction take place. Using data from a representative sample of 8,162 individuals via the China Family Panel Studies (CFPS) in the 2014-2018 period, our findings demonstrate that although greater age and gender diversity hamper entrepreneurship, family meals ‘feed the fire’ of entrepreneurship for families with greater industry and education diversity.

Place, publisher, year, edition, pages
Sage Publications, 2023
Keywords
family embeddedness, industry diversity, demographic diversity, business start-up, family meal
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-60060 (URN)10.1177/10422587231170213 (DOI)000978554300001 ()2-s2.0-85159083598 (Scopus ID)HOA;intsam;1748579 (Local ID)HOA;intsam;1748579 (Archive number)HOA;intsam;1748579 (OAI)
Available from: 2023-04-03 Created: 2023-04-03 Last updated: 2023-09-05Bibliographically approved
Chavan, M., Chirico, F., Taksa, L. & Alam, M. A. (2023). How Do Immigrant Family Businesses Achieve Global Expansion: An Embeddedness Perspective. Academy of Management Discoveries, 9(2), 210-237
Open this publication in new window or tab >>How Do Immigrant Family Businesses Achieve Global Expansion: An Embeddedness Perspective
2023 (English)In: Academy of Management Discoveries, E-ISSN 2168-1007, Vol. 9, no 2, p. 210-237Article in journal (Refereed) Published
Abstract [en]

Extant literature on immigrant family businesses (IFBs) refers to the vital role of embeddedness in their success. Yet, little is known about how embeddedness evolves from family to global and how it helps IFBs to establish themselves in a host country, survive the related challenges, and thrive in the international market. By drawing on the lived experience of 25 highly successful family business entrepreneurs in Australia, we develop an integrated process model and identify a four-phase chronology of IFBs’ success toward global expansion: arriving, establishing, expanding, and thriving. Further, this model links these transitory phases to the IFBs’ embeddedness that evolves from family to local, host-country, and global. Our findings suggest that while family embeddedness is critical over time, its scope is limited as the IFBs form new, more extensive networks toward the global market. IFBs act as boundary spanners, blending local and international resources to create value. The theoretical and practical implications of our findings are shared in the concluding section.

Place, publisher, year, edition, pages
Academy of Management, 2023
Keywords
Immigrant family business; embeddedness; global expansion; process model
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-55788 (URN)10.5465/amd.2020.0170 (DOI)001041012100006 ()
Available from: 2022-02-03 Created: 2022-02-03 Last updated: 2023-08-25Bibliographically approved
Organisations
Identifiers
ORCID iD: ORCID iD iconorcid.org/0000-0002-3742-542X

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