0000000001327952
AUTHOR
Francesco Chirico
showing 2 related works from this author
The Value Creation Process in Family Firms. A Dynamic Capabilities Approach
2008
While most family-business research has focused on studies related with trans-generational value creation, a gap still exists in understanding how this value is generated across genera-tions, especially in dynamic markets. The present research offers new insights through the lens of dynamic capabilities, which are generated by knowledge and in turn generate entre-preneurial performance for value creation in family business. Family inertia is considered to be a factor preventing the creation of dynamic capabilities. It depends on the family-business culture, where paternalism and entrepreneurial drive influence family inertia posi-tively and negatively, respectively. Four family firms from S…
The Accumulation Process of Knowledge in Family Firms
2007
This article aims to investigate how ‘knowledge-related human capital’ can be accumulated, i.e. created, shared and transferred, in family business over time. ‘Knowledge-related human capital’ is considered to be a combination of pure knowledge and skill, which family and non-family members working in the family firm have gained and developed through education and experience. Two wine producing family firms from Switzerland and a liqueur family firm from Italy are part of this research. We quote the most significant answers given by the interviewees in order to enable the reader to gain a clear understanding of the issues discussed, reflect upon them, and build his own opinions about them. …