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  • 1.
    Astrachan, Joseph H.
    et al.
    Witten Institute for Family Business, Witten/Herdecke University, Witten, Germany.
    Binz Astrachan, Claudia
    Witten Institute for Family Business, Witten/Herdecke University, Witten, Germany.
    Campopiano, Giovanna
    Centre for Family Business, Lancaster University Management School, Lancaster, United Kingdom.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Values, Spirituality and Religion: Family Business and the Roots of Sustainable Ethical Behavior2020In: Journal of Business Ethics, ISSN 0167-4544, E-ISSN 1573-0697, Vol. 163, p. 637-645Article in journal (Refereed)
    Abstract [en]

    The inclusion of morally binding values such as religious—or in a broader sense, spiritual—values fundamentally alter organizational decision-making and ethical behavior. Family firms, being a particularly value-driven type of organization, provide ample room for religious beliefs to affect family, business, and individual decisions. The influence that the owning family is able to exert on value formation and preservation in the family business makes religious family firms an incubator for value-driven and faith-led decision-making and behavior. They represent a particularly rich and relevant context to re-assess the relationship between ethical beliefs, decision-making processes and behaviors in business organizations at the interface between family and professional logics. This Special Issue is dedicated to deepening our understanding of the role religious values and spirituality play in the formation of organizational ethical practices in faith-led family firms and resulting organizational and family-related outcomes. In this editorial, we introduce the 10 papers included in this Special Issue, which investigate the relationship between religion or spirituality and family firm ethical behavior in various geographical, cultural and religious contexts, using a multitude of qualitative and quantitative methodologies. By focusing on the effects of religious or spiritual orientations on both the business and the family, as well as on the values, norms and goals present in the family business system, further research can gain a more nuanced understanding of the relationship between religious and spiritual believes, and sustainable ethical behavior in family firms. 

  • 2.
    Baù, Massimo
    University of Udine.
    Family Embeddedness and the Entrepreneurial Entry2011Doctoral thesis, monograph (Other academic)
  • 3.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Baboukardos, Diogenis
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Voluntary Adoption of International Financial Reporting Standards and the Role of Family Ownership2014In: Co-operation Within and Amongst Family Businesses: Conference Proceedings: IFERA 2014 Annual Conference June 24-27, 2014, Lappeenranta, Finland, The International Family Enterprise Research Academy (IFERA) , 2014, p. 79-79Conference paper (Refereed)
  • 4.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Block, Joern
    Faculty of Management, Trier University, Trier, Germany; Erasmus School of Economics (ESE) and Erasmus Institute of Management (ERIM), Erasmus University Rotterdam, Rotterdam, The Netherlands; Wittener Institut für Familienunternehmen (WIFU), Universität Witten/Herdecke, Witten, Germany.
    Discua Cruz, Allan
    Department of Entrepreneurship and Strategy, Lancaster University Management School, Lancaster, UK.
    Naldi, Lucia
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).
    Bridging locality and internationalization – A research agenda on the sustainable development of family firms2021In: Entrepreneurship and Regional Development, ISSN 0898-5626, E-ISSN 1464-5114, Vol. 33, no 7-8, p. 477-492Article in journal (Refereed)
    Abstract [en]

    Globalization, digital technologies, societal and environmental concerns influence the way family firms operate locally and internationally. Family firms are often torn between their local and global environments, simultaneously visible and embedded in their local environment while marketing their products and services abroad. Unlike large multinationals that have often lost their roots, family firms manifest an active interest in maintaining their local roots and traditions. Moreover, increasing concerns with sustainable development call for continuity through sustainability aimed at improving local and global socioeconomic conditions. This editorial of the special issue on ?Locality and Internationalization of Family Firms? discusses this tension that family firms face and how they can build bridges between communities increasingly drifting apart. By bridging local and global environments, family firms can contribute to the sustainable development of society. We present a research agenda addressing this particular bridging function of family firms and propose several avenues for future research.

  • 5.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Block, Joern H.
    Univ Trier, Dept Management, Trier, Germany.
    Cruz, Allan Discua
    Univ Lancaster, Sch Management, Dept Entrepreneurship Strategy & Innovat, Lancaster, England.
    Naldi, Lucia
    Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Locality and internationalization of family firms2017In: Entrepreneurship and Regional Development, ISSN 0898-5626, E-ISSN 1464-5114, Vol. 29, no 5-6, p. 570-574Article in journal (Other (popular science, discussion, etc.))
  • 6.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Hoskisson, Robert E.
    Rice University, USA.
    Pathak, Seemantini Madhukar
    University of Missouri, USA.
    Acquisition and Divestitures in Family and Non-Family Firms2015Conference paper (Refereed)
    Abstract [en]

    Combining the core-periphery model with family firm literature, we find that family firms exhibit unique acquisition and divestiture behaviors. Analyzing a sample of Swedish privately held limited companies we find that family firms acquire and divest distant, unrelated and larger but fewer businesses. In addition to economic objectives, family firms pursuing non-economic objectives prefer to buy and sell unrelated businesses at longer geographic distances to lower impact on their core business from their restructuring activities.

  • 7.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Hoskisson, Robert E.
    Jesse H. Jones Graduate School of Business, Rice University.
    Pathak, Seemantini Madhukar
    College of Business Administration at the University of Missouri – St. Louis .
    Family versus non-Family Firm Mergers: Likes Attract Likes, but Complementarity also Helps2018In: Academy of Management Proceedings: Academy of Management, 2018, article id 1Conference paper (Refereed)
    Abstract [en]

    Using social identity theory and the concept of acculturation, we examine how the identity of the target firm in a family firm-led merger impacts the merged entity’s subsequent performance. We compare family firms’ target preferences and post- merger performance to those of non-family firms, and find that not only are family firms more likely to prefer other family firms as merger partners, but also achieve better post-merger outcomes with them. Further, we test the moderating effect of industry unrelatedness on these relationships. Our results show that while cultural similarity helps post-merger outcomes, strategic and resource complementarity enhances the benefits of culture. We test our hypotheses using a large sample of Swedish private firms, which largely controls for national cultural differences. After controlling for endogeneity and self-selection bias, our results support all our hypotheses.

  • 8.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Hoskisson, Robert E.
    Rice University, USA.
    Pathak, Seemantini Madhukar
    University of Missouri, USA.
    Portfolio Restructuring in Family and Non-Family-Controlled Firms2016In: Academy of Management Proceedings, January 2016 (Meeting Abstract Supplement) 12016 / [ed] John Humphreys, Academy of Management , 2016Conference paper (Refereed)
    Abstract [en]

    Are family firms’ corporate restructuring behaviors distinct from those of non-family firms? Although the corporate restructuring literature has drawn on economic motives for restructuring, recent developments in the family business literature suggest that both economic and noneconomic motives may result in distinct restructuring behaviors between family and non-family firms. We use Swedish Census data and draw on a sample of privately held family and non-family Swedish firms for the period between 2004 and 2007. Applying the core- periphery model to the family-firm corporate-restructuring context, we posit that family firms undertake restructuring at the periphery of their business to lower the impact on their core business. Our results support our arguments and show that compared with non-family firms, family firms acquire and divest more geographically distant, unrelated and larger but fewer businesses.

  • 9.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Pittino, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Modes of Business Entry and Exit in Family Firms: The Role of Resource Intangibility2018In: Academy of Management Proceedings: Academy of Management, 2018, Vol. 1Conference paper (Refereed)
    Abstract [en]

    Are family firms’ business entry (internal development versus acquisition) and exit (dissolution versus sale) mode choices distinct from those of non-family firms, and what is the role played by intangible resources? Building on a comprehensive sample of privately-held Swedish firms, we find that family firms are more likely than non-family firms to enter a new business via internal development than acquisition, and more likely to exit from an existing business via dissolution than sale. Additionally, resource intangibility at the organizational level strengthens the differences in exit and entry modes between family and non-family firms such that compared to non-family firms, family firms are increasingly more likely to rely on the internal development and dissolution of business units as the availability of intangible resources increase. Contributions to existing literature on entry and exit modes and on family business’ strategic choices are shared in the concluding section.

  • 10.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Pittino, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). EGADE Business Sch, Tecnol Monterrey, San Pedro Garza Garcia, Mexico.
    Backman, Mikaela
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).
    Klaesson, Johan
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE). Res Inst Ind Econ, Stockholm, Sweden.
    Roots to grow: Family firms and local embeddedness in rural and urban contexts2019In: Entrepreneurship: Theory & Practice, ISSN 1042-2587, E-ISSN 1540-6520, Vol. 43, no 2, p. 360-385Article in journal (Refereed)
    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.

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  • 11.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Zahra, Shaker
    Carlson School of Management.
    Self-Employment Or Employment After Exit: The Effect Of An Entrepreneur’s Age And Gender2013In: Frontiers of Entrepreneurship Research 2013 : Proceedings of the Thirty-third Annual Entrepreneurship Research Conference / [ed] Andrew Zacharakis, Boston: Babson College , 2013, Vol. 33, article id 1Conference paper (Refereed)
    Abstract [en]

    Building on career literature, we predict that an entrepreneur’s age at the time of re-entry has a unique and complex non-linear effect on the choice to become self-employed versus employed after an exit. Based on a database covering the whole Swedish population, we studied 79,356 entrepreneurs who experienced exit in a five year window (2000-2004) and we examined their career choice as self-employed versus employed. Our results show an inverted S-shaped curve which follows the career lifecycle stages (early, middle, and late). Also, we demonstrate that gender (man vs. woman) moderate the entrepreneur’s age/re-entry relationship.

  • 12.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Eddleston, Kimberly A.
    D'Amore-McKim School of Business, Northeastern University, USA.
    Melin, Leif
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Becoming manager in a family firm: A gendered path2015Conference paper (Refereed)
    Abstract [en]

    Women in business have been often described as invisible (Allen & Langowitz, 2003) resulting in calls for research to investigate women’s contributions to family firms (FF) (Martinez Jimenez, 2009). Female employees can legitimately accuse the existence of “glass ceiling” that prevent their advancement in the managerial ranks (Powell, 1999). Compared with male employees in equivalent positions, female employees may find that their perspectives are overlooked and their contributions devalued (Ridgeway et al., 2009).

    Our interest is in better understanding this discrimination and possible ways to change it. How do education, job tenure, job category and industry knowledge impact on the probability of being promoted to managerial positions in FF and non FF? How does gender moderate this probability?

    To answer these questions we employee a mixed method approach. In the quantitative part, we adopt a longitudinal dataset produced by Statistics Sweden with annual observations on all Swedish privately held firms, Swedish inhabitants, and family ties. This allow us to reconstruct the career path of all the employees that received a promotion to a managerial position in a Swedish company in the last 10 years. Our unique dataset allows us to match their salaries and career development recognizing the existence of gender discrimination. These results will be illustrated through a qualitative part, with interesting cases offering an in-depth understanding of the phenomenon.

    Our results confirm the existence of gender discrimination, for example in the salary paid by Swedish companies. Understanding the impact of educational choices, job categories and family choices on career paths for men and women, offers fundamental insights for managers, HR specialists, and policy makers. Moreover, it provides a unique opportunity for this interactive workshop to discuss the family business values, and how to develop a stronger family business responsibility against gender discriminations.

  • 13.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Eddleston, Kimberly
    Northeastern University.
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Lucia, Naldi
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Parental Altruism. Special Treatment for Offspring in Business?2014Conference paper (Refereed)
  • 14. Baù, Massimo
    et al.
    Hellerstedt, Karin
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Wennberg, K
    What do we know on firm succession and the entrepreneurial process: A Synthesis of the literature2010In: Long Term Perspectives on Family Business: Theory, Practice, Policy / [ed] Elias Hadjielias, Tom Barton, 2010Conference paper (Refereed)
  • 15.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Hellerstedt, Karin
    Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership). Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Wennberg, Karl
    Succession in Family Firms2013In: The Landscape of Family Business / [ed] Ritch L. Sorenson, Andy Yu, Keith H. Brigham and G. T. Lumpkin, Edward Elgar Publishing, 2013, p. 167-197Chapter in book (Other academic)
    Abstract [en]

    The process of succession in family firms is often both lengthy and complex, and is influenced by factors such as the personal goals of the owner-manager, family structure, ability and ambitions of potential successors, and legal and financial issues (Le BretonMiller, Miller, & Steier, 2004). Scholars of family business tend to emphasize what determines successful ownership and management succession involving family members and non-family stakeholders, alongside the general characteristics of effective succession (Handler, 1994; Le Breton-Miller et al., 2004; Sharma, Chrisman, & Chua, 2003a). A majority of privately held firms in many developed countries are likely to shift ownership as the owners approach retirement. Thus, from a public policy perspective, there is a need to study the conditions surrounding successful succession of family firms and the implications of these successions in the socio-economic context. This chapter presents a comprehensive review of the scholarly literature on ownership transition and management succession in family firms. We found that most of the literature on succession is conceptual or relies on a small number of cases and/or surveys based on convenience samples. For instance, 71 percent of the work published since the mid-1970s consists of descriptive investigations based on aggregated data or micro studies of firm succession based on small samples or a small number of illustrative cases. We see a need for more studies about the effects of succession on long-term development in privately held firms and how succession affects economic outcomes at different levels of analysis (Yu, Lumpkin, Sorenson, & Brigham, 2012).* We conducted a literature review based upon a cluster analysis that identifies four levels of analysis that dominate the current literature on succession. These levels are important for understanding transition processes and allow us to identify three main areas that offer particular interesting avenues for future research. First, succession involves, among other things, the goals and options of several actors: The individual owners and managers, the family members, the economic environment, and the potential successors, to varying degrees, who may influence the transition process. We discuss this multilevel perspective within the context of the conceptual literature. Although it is adopted in some qualitative studies, multilevel quantitative research is generally scarce. Because succession is an inherently multilevel phenomenon, we argue that empirical research must also adopt a multilevel perspective. Second, we note that succession research focuses primarily on management transitions. In contrast, ownership transfer has received much less attention. For many small- and medium-sized enterprises (including family businesses), these two transitions go hand in hand (Handler, 1994).1 Yet, there are reasons to single out and more closely examine ownership transition that involves not only financial issues and asset valuation, but also emotional issues such as perceived fairness among involved actors, which may represent the most critical part of a succession. Third, our review shows that suitable analytical techniques and representative sampling methods are lacking. There is an increased need for generalizable empirical evidence that can be used to test the limits and boundary conditions of different theoretical models, and to generate insights for owners, managers, and policy-makers. The chapter is organized as follows. In section two, we describe the methodology. Section three reviews the extant research and discusses a selection of articles represented within the categories identified in the cluster analysis. Section four uses these insights to highlight some avenues for future research that would help to fill some of the research gaps identified by our review and analysis. We highlight areas worthy of future inquiry and discuss some of the methodological issues that need to be addressed to further the research in this area. Section five provides a brief conclusion.

  • 16.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Karlsson, Johan
    Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Haag, Kajsa
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Pittino, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Department of Economics and Statistics, University of Udine, Udine, Italy.
    Employee layoffs in times of crisis: do family firms differ?2024In: Entrepreneurship and Regional Development, ISSN 0898-5626, E-ISSN 1464-5114Article in journal (Refereed)
    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.

  • 17. Baù, Massimo
    et al.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    Entrepreneurial Entry and the Family Dimension: A Family Embeddedness Analysis2011Conference paper (Other academic)
  • 18. Baù, Massimo
    et al.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Family embeddedness and the family capital2011Conference paper (Other academic)
  • 19. Baù, Massimo
    et al.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Family embeddedness and the family capital2011Conference paper (Refereed)
  • 20.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    Hellerstedt, Karin
    Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
    A Family Embeddedness Perspective on the Entrepreneurial Entry Process: Operationalization and Consequences2012Conference paper (Other academic)
  • 21.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Pittino, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).
    Sieger, P.
    Department of Management and Entrepreneurship, University of Bern, Engehaldenstrasse 4, Bern, CH-3012, Switzerland.
    Eddleston, K. A.
    D'Amore-McKim School of Business, Northeastern University, 360 Huntington Avenue, 209 Hayden Hall, Boston, MA 02115, United States.
    Careers in family business: New avenues for careers and family business research in the 21st century2020In: The Journal of Family Business Strategy, ISSN 1877-8585, E-ISSN 1877-8593, Vol. 11, no 3, article id 100379Article in journal (Refereed)
    Abstract [en]

    The purpose of our special issue is to demonstrate how a careers perspective can contribute to the study of family businesses and bring to light how the family business context extends and challenges career theories and concepts. Inspired by the studies in our special issue and our review of previous research, we propose a conceptual model that leverages the concept of family embeddedness and intertwines it with career processes and outcomes. Building on the family embeddedness perspective, we propose several avenues for future research for family business and career scholars.

  • 22.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Pittino, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Sieger, Philipp
    University of Bern, Switzerland.
    Eddleston, Kimberly
    Northeastern University, Boston, MA, United States.
    Special Issue: “Career issues in family business: Understanding career ladders and glass ceilings” call for papers2016In: The Journal of Family Business Strategy, ISSN 1877-8585, E-ISSN 1877-8593, Vol. 7, no 4, p. 272-273Article in journal (Other academic)
  • 23.
    Baù, Massimo
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Sieger, Philipp
    University of St. Gallen & University of Bern, Switzerland.
    Eddleston, Kimberly A.
    D'Amore-McKim School of Business, Northeastern University, USA.
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Fail but try again? The effects of age, gender, and multiple-owner experience on failed entrepreneurs’ reentry2017In: Entrepreneurship: Theory & Practice, ISSN 1042-2587, E-ISSN 1540-6520, Vol. 41, no 6, p. 909-941Article in journal (Refereed)
    Abstract [en]

    We investigate what leads failed entrepreneurs to reenter entrepreneurship by taking a developmental career perspective. Specifically, we hypothesize that the age of failed entrepreneurs has a non-linear relationship with the likelihood of reentering entrepreneurship that follows different career stages (early, middle, and late). The gender of failed entrepreneurs and multiple-owner experience in the failed firm are hypothesized to be moderators of this relationship. We test our hypotheses using a database consisting of the Swedish population, including 4,761 entrepreneurs who failed between 2000 and 2004. Analyzing their career paths over the years following their failure offers support for our theoretical expectations.

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  • 24.
    Brunelli, Sofia
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Cattaneo Univ LIUC, FABULA Family Business Lab, Castellanza, VA, Italy..
    Sciascia, Salvatore
    Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Cattaneo Univ LIUC, FABULA Family Business Lab, Castellanza, VA, Italy..
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Jonkoping Int Business Sch JIBS, Ctr Family Entrepreneurship & Ownership CeFEO, Jonkoping, Sweden..
    Nonfinancial reporting in family firms: A systematic review and agenda for future research2023In: Business Strategy and the Environment, ISSN 0964-4733, E-ISSN 1099-0836Article, review/survey (Refereed)
    Abstract [en]

    This paper offers a systematic review of the literature on nonfinancial reporting in family firms, which has substantially grown in recent years. We identified and analyzed 74 articles published between 2002 and 2023. The work contributes to the domains of nonfinancial reporting and family business by providing an integrative and critical overview of the literature and by identifying future research avenues. We conclude by offering practical implications for managers, consultants, and policymakers.

  • 25.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Backman, Mikaela
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Karlsson, M.
    Pittino, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    No Firm is an Island: Local Embeddedness and Rural-Urban Contexts for Business Growth in Family versus non-Family Firms.2017Conference paper (Refereed)
  • 26.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Financial Distress in Family and Non-Family-Controlled Firms2016In: Academy of Management Proceedings, January 2016 (Meeting Abstract Supplement) 12016 / [ed] John Humphreys, Academy of Management , 2016Conference paper (Refereed)
    Abstract [en]

    In this study we heed the call from a growing number of scholars to extend our understanding of performance differences between family and non-family firms. Drawing on the mixed gamble logic of the behavioral agency model and the socioemotional wealth prospective, we provide a more fine-grained understanding of the unique role and diverse logic of dominant owners in relation to performance outcomes. Our findings suggest that family firms are the worst among the best (i.e. among firms that do not experience financial distress, they perform worse) and the best among the worst (i.e. among firms that experience financial distress, they perform better), which we attribute to the fact that family owners have more firm specific current wealth to lose (including not only financial wealth but also SEW), and as such respond differently to financial distress.

  • 27.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Is the Family an "Asset" or "Liability" for Firm Performance? The Moderating Role of Environmental Dynamism2014In: Journal of small business management (Print), ISSN 0047-2778, E-ISSN 1540-627X, Vol. 52, no 2, p. 210-225Article in journal (Refereed)
    Abstract [en]

    By integrating the stewardship and agency perspectives, our study extends the understanding of the dynamics that regulate the family as either an asset or liability for the firm. Our results show that the percentage of family members on the top management team (TMT) has an inverted U-shaped relationship with firm performance. However, when environmental dynamism is low this curvilinear relationship becomes steeper. When environmental dynamism is high, an increased percentage of family members on the TMT enhances firm performance.

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    fulltext
  • 28.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Is the Family an Asset or Liability? The Role of Environmental Dynamism on Family Firm Performance2013Conference paper (Refereed)
  • 29.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Gomez-Mejia, Luis
    W. P. Carey School of Business, Arizona State University.
    Martin, Geoff
    Melbourne Business School, University of Melbourne.
    Risk-Taking and Financial Distress in Family-controlled Firms2018Conference paper (Refereed)
  • 30.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Schulze, William S.
    Department of Entrepreneurship and Strategy, David Eccles School of Business.
    Are Family Firms Loss Averse?2019In: Academy of Management Proceedings: Academy of Management, 2019Conference paper (Refereed)
    Abstract [en]

    A substantial stream of research has examined how strategic decision making in family-controlled firms is driven by a concern for safeguarding its socioemotional wealth (SEW), or the “affect related value embedded in the family firm” (Gomez-Mejia et al, 2007: 108). Proponents of this theory argue that because family owners and strongly identify with their firm (Cannella, Jones & Withers, 2015; Deephouse & Jaskiewicz, 2013), they routinely prioritize non-economic goals. In this study, we propose an alternative framing based on social identity. Using a panel study of private Swedish firms, we develop theory and find support for our claim that the concern for social identity gives family firms incentives to pursue penetration strategies and make related acquisitions in their core markets, and to offset the risks of that strategy by making diversifying unrelated) in peripheral markets. A reversal of this strategy when financial implications are averse supports the conclusion that family firms are not loss averse. Implications for BAM-based models of SEW are addressed.

  • 31.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Criaco, Giuseppe
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Department of Strategic Management and Entrepreneurship, Rotterdam School of Management, Erasmus University Rotterdam, Rotterdam, The Netherlands.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Naldi, Lucia
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Gomez-Mejia, Luis R.
    Department of Management, W.P. Carey School of Business, Arizona State University, Tempe, AZ, USA.
    Kotlar, Josip
    Centre for Family Business, Lancaster University Management School, Bailrigg, Lancaster, UK.
    To patent or not to patent: That is the question. Intellectual property protection in family firms2020In: Entrepreneurship: Theory & Practice, ISSN 1042-2587, E-ISSN 1540-6520, Vol. 44, no 2, p. 339-367Article in journal (Refereed)
    Abstract [en]

    This study examines family firms’ propensity to protect their intellectual property through patents. Building on the mixed gamble logic of the behavioral agency model, we theorize that family ownership has a U-shaped relationship with firm propensity to patent. Specifically, we argue that family firms’ desire to prevent losses of current socioemotional wealth inhibits their propensity to patent until a threshold level of family ownership, beyond which the family’s socioemotional wealth is secured and a greater focus on prospective financial gains attainable through patents is possible. We also suggest that environmental munificence moderates this nonlinear relationship such that a low-munificent environment accentuates the potentially detrimental (beneficial) effects of low-to-medium (medium-to-high) levels of family ownership on patents. We test our hypotheses on a sample of 4,198 small- and medium-sized family firms.

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  • 32.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Naldi, Lucia
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Criaco, Giuseppe
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Socioemotional Wealth and Innovation in Family Firms: When the Environment Gets Tough, the Family Gets Going!2014Conference paper (Refereed)
  • 33.
    Chirico, Francesco
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Pathak, Seemantini
    University of Missouri, St. Louis, USA.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Hoskisson, Robert
    Rice University, USA.
    Family versus Non-Family Firm Mergers: Likes Attract Likes, Outperform Opposites2017Conference paper (Refereed)
    Abstract [en]

    Using social identity theory, we examine how the identity of the target firm in a family firm-led merger impacts the merged entity’s subsequent performance. We compare family firms’ target preferences and postmerger performance to those of non-family firms, and find that not only are family firms more likely to prefer other family firms as merger partners, but also achieve better post-merger outcomes with them. We test our hypotheses using a large sample of Swedish private firms, which largely controls for national cultural differences. After controlling for endogeneity and self-selection bias, our results support all our hypotheses.

  • 34. Compagno, C
    et al.
    Lauto, G
    Baù, Massimo
    Le risorse e i fattori motivazionali abilitanti il Trasferimento Tecnologico2010In: Le risorse immateriali nell'economia delle aziende: I. Profili di management / [ed] L. MARCHI, S. MARASCA, Il Mulino , 2010Chapter in book (Other academic)
  • 35. Compagno, C.
    et al.
    Visintin, F.
    Pittino, Daniel
    Baù, Massimo
    Fornasier, E.
    Lauto, G
    Mazzurana, P
    Cagnina, M
    Chiarvesio, M
    Misurare le performance innovative di un sistema regionale2011Book (Other academic)
  • 36.
    Criaco, Giuseppe
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Department of Strategic Management and Entrepreneurship, Rotterdam School of Management (RSM), Erasmus University Rotterdam.
    Withers, Michael
    Department of Management, Mays Business School, Texas A&M University.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    The Mobility of Family and Non-Family Firm Employees2019Conference paper (Refereed)
  • 37. Giancarlo, Lauto
    et al.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Compagno, Cristiana
    The role of researchers’ motivations in the genesis of academic spin-off companies2013In: Conceptual Richness and Methodological Diversity in Entrepreneurship Research / [ed] Alain Fayolle, Paula Kyrö, Tonis Mets and Urve Venesaar, Edward Elgar Publishing, 2013, p. 32-46Chapter in book (Other academic)
    Abstract [en]

    Spin-off companies play a key role in the mechanisms that universities enact to extract the industrial and commercial potential of the outcomes of scientific knowledge (Rothaermel et al., 2007). Ventures founded by scientists to exploit their discoveries and inventions are a powerful driver of innovation and economic growth, and represent a source of industrial change (Shane, 2004). For these reasons, science policy includes technology transfer among the “missions” of scientific profession, together with research and teaching (Etzkowitz, 2003).The activation of entrepreneurial process in academia is contingent on the interplay of factors at three distinct levels (Grimaldi et al., 2011): national and regional system of innovation, university strategy, and individual determinants. The literature has focused mainly on the first two dimensions, while the amount of attention given to the drivers for individual determinants is more scarce and recent (for example Colyvas and Powell, 2007; Jain et al., 2009; Clarysse et al., 2011).

  • 38.
    Gómez-Mejia, Luis R.
    et al.
    W.P. Carey School of Business, Arizona State University, Department of Management, Tempe, AZ, USA.
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Martin, Geoffrey
    Melbourne Business School, University of Melbourne, Carlton, VIC, Australia.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Best Among the Worst or Worst Among the Best? Socioemotional Wealth and Risk-Performance Returns for Family and Non-Family Firms Under Financial Distress2023In: Entrepreneurship: Theory & Practice, ISSN 1042-2587, E-ISSN 1540-6520, Vol. 47, no 4, p. 1031-1058Article in journal (Refereed)
    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.

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  • 39.
    Haag, Kajsa
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Almlöf, Hanna
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Commercial Law. Linköping University.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Disentangling ownership transfer2019Conference paper (Refereed)
  • 40.
    Iyer, Dinesh N.
    et al.
    Rutgers University, School of Business, Camden, NJ, USA.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Tecnológico de Monterrey, EGADE Business School, Mexico.
    Patel, Pankaj C.
    Management and Operations, Villanova University, Villanova, PA, USA.
    Brush, Thomas H.
    Krannert School of Management, Purdue University, West Lafayette, IN, USA.
    The triggers of local and distant search: Relative magnitude and persistence in explaining acquisition relatedness2019In: Long range planning, ISSN 0024-6301, E-ISSN 1873-1872, Vol. 52, no 5, article id 101825Article in journal (Refereed)
    Abstract [en]

    Research on problemistic search has assumed negative attainment discrepancy to be the trigger of both local and distant search. Extending this research, we present and compare two additional triggers: (1) relative attainment discrepancy, which reflects how much a firm's attainment discrepancy deviates from its past negative attainment discrepancies; and (2) persistent attainment discrepancy, which reflects how often the firm experiences below-aspirations performance. Our triggers for distant search model a behavioral explanation for the timing and relatedness of acquisitions. We find support for baseline arguments of problemistic search whereby firms increase both industry- and skill-related acquisitions when they perform below aspirations. When they persistently perform below aspirations, however, this likelihood is reduced and firms engage in acquisitions that are more unrelated, thereby providing support for the notion of expanding search boundaries from local to distant search. Of the two triggers of distant search proposed, relative attainment discrepancy does not induce firms to expand search boundaries. Our results indicate that persistent attainment discrepancy is a key construct to consider when studying the expansion of search boundaries.

  • 41. Lauto, G
    et al.
    Baù, Massimo
    Compagno, C
    Academic entrepreneurship and scientific research: synergy or tradeoff?2011Conference paper (Other academic)
  • 42. Lauto, G
    et al.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Compagno, C
    The effects of participation to academic spin-offs on scientific productivity2012Conference paper (Other academic)
  • 43.
    Lauto, Giancarlo
    et al.
    Università degli Studi di Udine, Dipartimento di Scienze Economiche e Statistiche, Italy.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Compagno, Cristiana
    Università degli Studi di Udine, Dipartimento di Scienze Economiche e Statistiche, Italy.
    Individual and institutional drivers of technology transfer in open innovation2015In: Entrepreneurship and Knowledge Exchange / [ed] Jay Mitra, John Edmondson, London: Routledge, 2015, Vol. 27, no 1, p. 27-39Chapter in book (Refereed)
    Abstract [en]

    The open innovation perspective offers a powerful framework which can be used in developing an understanding of the relationships that are established between academia and industry in the process of technology transfer. This paper develops a fourfold classification of technology transfer activities based on consultancy and the protection of intellectual property rights, and identifies the factors characterizing each activity. An empirical study was conducted with a sample of 249 researchers affiliated to Italian universities and the results indicate that specific forms of technology transfer are associated with particular configurations of regional systems of innovation, academic organizations and the motivations of researchers. The authors find that exchanges of tacit knowledge benefit from social interaction, while those based on codified knowledge are less context-dependent. In addition, more complex forms of technology transfer – those combining tacit and codified knowledge – require a broader endowment of resources, at both individual and contextual levels.

  • 44. Lauto, Giancarlo
    et al.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Compagno, Cristiana
    Individual and institutional drivers of technology transfer in open innovation2013In: Industry & higher education, ISSN 0950-4222, E-ISSN 2043-6858, Vol. 27, no 1, p. 27-39Article in journal (Refereed)
    Abstract [en]

    The open innovation perspective offers a powerful framework which can be used in developing an understanding of the relationships that are established between academia and industry in the process of technology transfer. This paper develops a fourfold classification of technology transfer activities based on consultancy and the protection of intellectual property rights, and identifies the factors characterizing each activity. An empirical study was conducted with a sample of 249 researchers affiliated to Italian universities and the results indicate that specific forms of technology transfer are associated with particular configurations of regional systems of innovation, academic organizations and the motivations of researchers. The authors find that exchanges of tacit knowledge benefit from social interaction, while those based on codified knowledge are less context-dependent. In addition, more complex forms of technology transfer – those combining tacit and codified knowledge – require a broader endowment of resources, at both individual and contextual levels.

  • 45.
    Mazzurana, P
    et al.
    Dipartimento di Scienze Economiche e Statistiche Università degli studi di Udine.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership). Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Accordi strategici: analisi delle determinanti di successo e insuccesso: Il caso Sedia spa2012In: Microimpresa, ISSN 1590-0797, Vol. 29, p. 45-65Article in journal (Refereed)
  • 46. Minola, T.
    et al.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    De Massis, A.
    Behind Slack and Firm Performance: The Moderating Roles of Family Ownership and High-Tech Industry2016Conference paper (Refereed)
  • 47.
    Minola, T.
    et al.
    University of Bergamo, viale Pasubio 7/b, Dalmine (Bg), 24044, Italy.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).
    Sieger, P.
    University of Bern, Switzerland.
    de Massis, A.
    Free University of Bozen-Bolzano, Italy.
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Macquarie Business School, Australia.
    SLACK AND PERFORMANCE IN FAMILY OWNED SMES: AN AGENCY-THEORY PERSPECTIVE2021In: 81st Annual Meeting of the Academy of Management 2021: Bringing the Manager Back in Management, AoM 2021, Academy of Management , 2021Conference paper (Refereed)
  • 48.
    Minola, Tommaso
    et al.
    Univ Bergamo, Dept Management Informat & Prod Engn DIGIP, Via Pasubio 7b, I-24044 Bergamo, Italy.;Univ Bergamo, Ctr Young & Family Enterprise CYFE, Via Pasubio 7b, I-24044 Bergamo, Italy..
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Jonkoping Univ, Jonkoping, Sweden..
    Brumana, Mara
    Univ Bergamo, Ctr Young & Family Enterprise CYFE, Via Pasubio 7b, I-24044 Bergamo, Italy.;Univ Bergamo, Dept Management Informat & Prod Engn, Bergamo, Italy..
    De Massis, Alfredo
    Free Univ Bozen Bolzano, Bolzano, Italy.;IMD Business Sch, Lausanne, Switzerland.;Univ Lancaster, Lancaster, England.;Zhejiang Univ, Hangzhou, Zhejiang, Peoples R China..
    Under which circumstances do family SMES achieve high growth?: A behavioural perspective2022In: International Small Business Journal, ISSN 0266-2426, E-ISSN 1741-2870, Vol. 40, no 6, p. 768-798Article in journal (Refereed)
    Abstract [en]

    High-growth firms contribute disproportionately to the creation of employment, wealth and economic development on a global basis. Yet, knowledge of the circumstances under which such growth patterns occur is limited, and the findings with regard to small and medium sized enterprises (SMEs) are inconclusive. Adopting the behavioural agency model, we analyse the effect of family control and related nuances (i.e. degree of family ownership and presence of a family chief executive officer (CEO)) on SME growth. Furthermore, we argue that the type of slack resources and their availability are a crucial organisational contingency when investigating high growth in SMEs. Using a sample of 39,631 European SMEs over a 13-year period, we find that family firms are less likely to achieve high growth compared to non-family firms; having a family CEO further reduces this likelihood. Instead, at higher (vs lower) levels of family ownership, the probability of family firms achieving high growth increases. Furthermore, the availability of high- and low-discretion slack resources influences these relationships. Our study advances current understanding of high growth in general, and family firms in particular.

  • 49.
    Minola, Tommaso
    et al.
    Università degli Studi di Bergamo.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Business Administration.
    De Massis, Alfredo
    Lancaster University Management School.
    Organizational Slack and Firm Performance in Family Firms: the Role of Family Involvement and Technological Intensity2013Conference paper (Refereed)
  • 50.
    Minola, Tommaso
    et al.
    University of Bergamo, Italy.
    Baù, Massimo
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    De Massis, Alfredo
    Free U. Bozen, Bolzano and Lancaster U..
    Chirico, Francesco
    Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Sieger, Philipp
    University of Bern, Switzerland.
    Slack and Financial Performance in SMEs: Slack Discretion, Family Ownership, and Hi-Tech Sectors2017In: Academy of Management Proceedings January 2017 (Meeting Abstract Supplement) 16406, Academy of Management , 2017Conference paper (Refereed)
    Abstract [en]

    Following intensive recent debates, the literature still offers ambiguous results on the ultimate effect of slack resources on firm performance, particularly in small and medium-sized enterprises (SMEs). We address this gap by examining how two different types of slack resources (high- and low-discretion slack) affect firm performance and how these relationships are moderated by family ownership and by operating in a high-tech industry. Using a sample of 8,345 Italian SME we show that slack is not always beneficial to firm performance and that the slack-performance relationship is contingent on both internal and external factors.

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