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Publications (10 of 39) Show all publications
Pittino, D., Visintin, F. & Lauto, G. (2018). Fly Away From the Nest?: A Configurational Analysis of Family Embeddedness and Individual Attributes in the Entrepreneurial Entry Decision by Next-Generation Members. Family Business Review, 31(3), 271-294
Open this publication in new window or tab >>Fly Away From the Nest?: A Configurational Analysis of Family Embeddedness and Individual Attributes in the Entrepreneurial Entry Decision by Next-Generation Members
2018 (English)In: Family Business Review, ISSN 0894-4865, E-ISSN 1741-6248, Vol. 31, no 3, p. 271-294Article in journal (Refereed) Published
Abstract [en]

This study aims to determine how family embeddedness conditions combine with the goals and attributes of individuals with a family business background to engender to two patterns of entrepreneurship: succession in the family business and foundation of a new venture. Our empirical study is conducted using 169 cases of entrepreneurs operating in Italy. Inductively building on the configurations derived from the analysis, we suggest a series of theoretical propositions focusing on family embeddedness, individual attributes, and entrepreneurial paths of next-generation family business members.

Place, publisher, year, edition, pages
Sage Publications, 2018
Keywords
entrepreneurship, family embeddedness, fuzzy set qualitative comparative analysis, new venture creation, strategy, succession, transgenerational entrepreneurship
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-40021 (URN)10.1177/0894486518773867 (DOI)000441534800002 ()2-s2.0-85047431061 (Scopus ID)IHHÖvrigtIS (Local ID)IHHÖvrigtIS (Archive number)IHHÖvrigtIS (OAI)
Available from: 2018-06-08 Created: 2018-06-08 Last updated: 2018-09-14Bibliographically approved
Pittino, D., Martínez, A. B., Chirico, F. & Galván, R. S. (2018). Psychological ownership, knowledge sharing and entrepreneurial orientation in family firms: The moderating role of governance heterogeneity. Journal of Business Research, 84, 312-326
Open this publication in new window or tab >>Psychological ownership, knowledge sharing and entrepreneurial orientation in family firms: The moderating role of governance heterogeneity
2018 (English)In: Journal of Business Research, ISSN 0148-2963, E-ISSN 1873-7978, Vol. 84, p. 312-326Article in journal (Refereed) Published
Abstract [en]

Adopting a stewardship perspective and relying on a sample of 93 Spanish family firms, we emphasize the importance of psychological ownership as a primary determinant of entrepreneurial orientation in terms of proactiveness, innovativeness and risk taking. We also suggest that the relationship between psychological ownership and entrepreneurial orientation is mediated by knowledge sharing. Finally, we assess the potential moderating roles of heterogenous governance conditions in terms of the generation in control, generational involvement and family involvement in the top management team with regard to the relationship between psychological ownership and knowledge sharing. Research and managerial implications are shared in the concluding section.

Place, publisher, year, edition, pages
Elsevier, 2018
Keywords
family firms’ heterogeneity, entrepreneurial orientation, psychological ownership, knowledge sharing, stewardship
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-37382 (URN)10.1016/j.jbusres.2017.08.014 (DOI)000427811100028 ()2-s2.0-85028696247 (Scopus ID)IHHCeFEOIS (Local ID)IHHCeFEOIS (Archive number)IHHCeFEOIS (OAI)
Available from: 2017-09-21 Created: 2017-09-21 Last updated: 2018-07-17Bibliographically approved
Baù, M., Pittino, D., Chirico, F., Backman, M. & Klaesson, J. (2018). Roots to grow: Family firms and local embeddedness in rural and urban contexts. Entrepreneurship: Theory & Practice
Open this publication in new window or tab >>Roots to grow: Family firms and local embeddedness in rural and urban contexts
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2018 (English)In: Entrepreneurship: Theory & Practice, ISSN 1042-2587, E-ISSN 1540-6520Article in journal (Refereed) Epub ahead of print
Abstract [en]

The present study analyzes the nexus among business growth, ownership structure, and local embeddedness—that is, the involvement of economic actors in a geographically bound social structure—in rural and urban contexts. This work combines regional economics with studies on family business and firm growth and uses a coarsened matched sample of privately held Swedish firms. The findings indicate that family firms benefit more than nonfamily firms from local embeddedness and as such they achieve higher levels of growth and that this effect is more pronounced in rural areas. Research implications are shared in the Conclusion section.

Place, publisher, year, edition, pages
Sage Publications, 2018
Keywords
business growth, local embeddedness, urban–rural contexts, family firms
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-39334 (URN)10.1177/1042258718796089 (DOI)
Available from: 2018-05-02 Created: 2018-05-02 Last updated: 2019-01-07
Pittino, D., Visintin, F. & Lauto, G. (2017). A configurational analysis of the antecedents of entrepreneurial orientation. European Management Journal, 35(2), 224-237
Open this publication in new window or tab >>A configurational analysis of the antecedents of entrepreneurial orientation
2017 (English)In: European Management Journal, ISSN 0263-2373, E-ISSN 1873-5681, Vol. 35, no 2, p. 224-237Article in journal (Refereed) Published
Abstract [en]

Entrepreneurial orientation is widely acknowledged as a strong predictor of firm performance. It is therefore critical to understand the factors and conditions that nurture it. In this paper, we investigate what configurations of motivations and personality traits trigger entrepreneurial orientation in three strategic leadership situations: successor of a family business, family-oriented founder, non-family founder. Strategic leaders in these situations are differently exposed to the opportunities and constraints to pursue entrepreneurial posture, because of the influence of family embeddedness and organizational resistance. We apply Fuzzy Set Qualitative Comparative Analysis to a sample of 257 Italian SME owner/managers. We identify 12 coherent configurations of internal and external motivations, and personality traits that are all conducive to entrepreneurial orientation. These configurations are consistent with features of the family and organization environments in which the entrepreneurial action takes place; furthermore, in each strategic leadership situation, different configurations of attributes lead to entrepreneurial orientation.

Place, publisher, year, edition, pages
Elsevier, 2017
Keywords
Entrepreneurial orientation, Equifinality, Family embeddedness, Fuzzy set qualitative comparative analysis, SMEs, Strategic leadership
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-34271 (URN)10.1016/j.emj.2016.07.003 (DOI)000399855300010 ()2-s2.0-84997769519 (Scopus ID)IHHCeFEOIS (Local ID)IHHCeFEOIS (Archive number)IHHCeFEOIS (OAI)
Available from: 2016-12-12 Created: 2016-12-12 Last updated: 2017-05-18Bibliographically approved
Pittino, D., Visintin, F. & Mazzurana, P. A. (2017). Alliance governance in entrepreneurial firms: the influence of family control and organizational size. In: Jonas Gabrielsson (Ed.), Handbook of Research on Corporate Governance and Entrepreneurship: (pp. 227-247). Cheltenham: Edward Elgar Publishing
Open this publication in new window or tab >>Alliance governance in entrepreneurial firms: the influence of family control and organizational size
2017 (English)In: Handbook of Research on Corporate Governance and Entrepreneurship / [ed] Jonas Gabrielsson, Cheltenham: Edward Elgar Publishing, 2017, p. 227-247Chapter in book (Refereed)
Place, publisher, year, edition, pages
Cheltenham: Edward Elgar Publishing, 2017
Series
Research Handbooks in Business and Management series
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-37677 (URN)10.4337/9781782545569.00017 (DOI)9781782545552 (ISBN)
Available from: 2017-10-19 Created: 2017-10-19 Last updated: 2018-09-05Bibliographically approved
Visintin, F., Pittino, D. & Minichilli, A. (2017). Financial performance and non‐family CEO turnover in private family firms under different conditions of ownership and governance. Corporate governance: An International Review, 25(5), 312-337
Open this publication in new window or tab >>Financial performance and non‐family CEO turnover in private family firms under different conditions of ownership and governance
2017 (English)In: Corporate governance: An International Review, ISSN 0964-8410, E-ISSN 1467-8683, Vol. 25, no 5, p. 312-337Article in journal (Refereed) Published
Abstract [en]

Manuscript Type: Empirical 

Research Question/Issue

Family firms, as insider-controlled companies, should be less likely to exhibit CEO turnover after poor performance and may thus promote enhanced focus on long-term goals. However, when a non-family CEO is in charge, the relatively limited empirical evidence is contrasting. Some studies find that only family CEOs are immune from the threat of dismissal following poor financial performance, while other studies show that family firms discipline their CEOs for poor financial performance regardless of their family status. In this work, we try to reconcile these contrasting findings and investigate what ownership and governance conditions influence the owners’ pressure on the CEO to achieve short-term financial results.

Research findings/insights

Drawing on a longitudinal dataset that covers the entire population of Italian medium and large family companies, we find that when family ownership is concentrated in the hands of few family shareholders or there is a low number of family members involved in the board of directors, non-family CEOs are less likely to be dismissed after poor performance.

Theoretical/Academic Implications

Our study, adopting the behavioral agency theory as the guiding framework, highlights the importance for governance decisions of the potential goal divergence among principals in closely held ownership structures. Our results also add to the still scant literature on the relationship between family owners and non-family CEOs.

Practitioner/Policy Implications

Our research suggests that, in the decision to hire a non-family CEO, family business owners should not only assess their gaps in managerial skills but also carefully consider the ownership structure and family involvement conditions. On the side of professional non-family managers, our results offer insights on ways to address the employment relationship with the controlling family.

Place, publisher, year, edition, pages
John Wiley & Sons, 2017
Keywords
behavioral agency theory; Corporate Governance; non-family CEOs; ownership structure; private family firms
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-37675 (URN)10.1111/corg.12201 (DOI)000415925200003 ()2-s2.0-85018638103 (Scopus ID)IHHCeFEOIS (Local ID)IHHCeFEOIS (Archive number)IHHCeFEOIS (OAI)
Available from: 2017-10-19 Created: 2017-10-19 Last updated: 2018-09-05Bibliographically approved
Chirico, F., Backman, M., Baù, M., Karlsson, M. & Pittino, D. (2017). No Firm is an Island: Local Embeddedness and Rural-Urban Contexts for Business Growth in Family versus non-Family Firms.. In: : . Paper presented at IFERA 2017: annual conference June 28-July 1, 2017, Zadar, Croatia, 2017. International Family Enterprise Research Academy (IFERA)
Open this publication in new window or tab >>No Firm is an Island: Local Embeddedness and Rural-Urban Contexts for Business Growth in Family versus non-Family Firms.
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2017 (English)Conference paper, Oral presentation with published abstract (Refereed)
Place, publisher, year, edition, pages
International Family Enterprise Research Academy (IFERA), 2017
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-38823 (URN)
Conference
IFERA 2017: annual conference June 28-July 1, 2017, Zadar, Croatia, 2017
Available from: 2018-02-13 Created: 2018-02-13 Last updated: 2018-09-11Bibliographically approved
Migliori, S., Pittino, D., Consorti, A. & Lucianetti, L. (2017). The relationship between Entrepreneurial Orientation, Market Orientation and Performance in University Spin-Offs. The International Entrepreneurship and Management Journal
Open this publication in new window or tab >>The relationship between Entrepreneurial Orientation, Market Orientation and Performance in University Spin-Offs
2017 (English)In: The International Entrepreneurship and Management Journal, ISSN 1554-7191, E-ISSN 1555-1938Article in journal (Refereed) Epub ahead of print
Abstract [en]

The paper aims to examine the relationship between Entrepreneurial Orientation (EO), Market Orientation (MO) and performance in University Spin-Offs (USOs). Initially, the paper, assesses the existence of a moderating effect of MO in the relationship between EO and performance, next, it analyses the mediation role of MO between EO and performance. To strengthen paper results, we test our hypotheses on a cross-sectional sample of 162 Italian USOs using both perceived and objective performance. Findings suggest that there is no synergistic effect of MO and EO as mutually independent constructs. Instead, our evidences support the idea that EO and MO in USOs occur within the same learning process. Both EO and MO support USO performance, but MO cannot occur without EO as an antecedent condition. At the same time, a significant portion of the EO contribution to performance occurs through MO. 

Place, publisher, year, edition, pages
Springer, 2017
Keywords
Entrepreneurial orientation, Market orientation, Performance, University spin-offs
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-38395 (URN)10.1007/s11365-017-0488-x (DOI)2-s2.0-85038081424 (Scopus ID)
Available from: 2018-01-09 Created: 2018-01-09 Last updated: 2018-01-09
Pittino, D., Visintin, F., Lenger, T. & Sternad, D. (2016). Are high performance work practices really necessary in family SMEs?: An analysis of the impact on employee retention. The Journal of Family Business Strategy (2), 75-89
Open this publication in new window or tab >>Are high performance work practices really necessary in family SMEs?: An analysis of the impact on employee retention
2016 (English)In: The Journal of Family Business Strategy, ISSN 1877-8585, E-ISSN 1877-8593, no 2, p. 75-89Article in journal (Refereed) Published
Abstract [en]

The present study examines the adoption of high-performance work practices (HPWPs) in family versus non-family firms, and evaluates the effect of such practices on the retention of valuable employees in light of different family contingencies. The analysis is carried out on a sample of 232 companies with more than 10 and less than 250 employees, operating in Austria and Hungary. The results indicate that the relational mechanisms originating from the family social capital may act as substitutes of formal practices aimed at fostering employee involvement and commitment and that those mechanisms depend on the extent family involvement in the governance of the business.

Place, publisher, year, edition, pages
Elsevier, 2016
Keywords
High performance work practices, Family firms, Employee retention, Organizational size
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-37676 (URN)10.1016/j.jfbs.2016.04.002 (DOI)000378958300003 ()2-s2.0-84971350906 (Scopus ID)IHHCeFEOIS (Local ID)IHHCeFEOIS (Archive number)IHHCeFEOIS (OAI)
Available from: 2017-10-19 Created: 2017-10-19 Last updated: 2018-09-05Bibliographically approved
Visintin, F. & Pittino, D. (Eds.). (2016). Fast Growing Firms in a Slow Growth Economy: Institutional Conditions for Innovation. Cheltenham: Edward Elgar Publishing
Open this publication in new window or tab >>Fast Growing Firms in a Slow Growth Economy: Institutional Conditions for Innovation
2016 (English)Collection (editor) (Refereed)
Abstract [en]

Europe needs more innovative companies that grow quickly and end up big. This book examines SME growth, innovation and success, to suggest that fast growing firms could offer a major contribution to the recovery of a European economy. The contributors examine 11 case studies from Italian firms, breaking the book up into three parts: context, actors and strategy. The topics discussed include entrepreneurship and technological clusters, innovative start-ups and growth factors, and family firms as the incubators of new ventures.

Place, publisher, year, edition, pages
Cheltenham: Edward Elgar Publishing, 2016. p. 352
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-37682 (URN)10.4337/9781785367113 (DOI)9781785367106 (ISBN)9781785367113 (ISBN)
Available from: 2017-10-19 Created: 2017-10-19 Last updated: 2018-09-05Bibliographically approved
Organisations
Identifiers
ORCID iD: ORCID iD iconorcid.org/0000-0002-8203-4655

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