Search results for " firm"
showing 10 items of 291 documents
Entrepreneurship training for new ventures
2009
Several studies in the field of international entrepreneurship have indicated the inadequacy of public policy support for new ventures and called for more tailored training programs. This paper introduces a training program created for new ventures in Central Finland and analyzes its benefits and shortcomings using a qualitative case study. The findings reveal that the training program provided useful knowledge on how to develop a business further and how to make it understandable and attractive to a funder. However, the findings also indicate that there is a need for cultural adaptation: the training program developed originally for U.S. new ventures was not fully adapted for the needs of …
Board of director attributes: effects on financial performance in SMEs
2021
This paper analyses the relationship between board of director (BoD) attributes and financial performance in small and medium-sized enterprises (SMEs). Although SMEs are the backbone of world economies, most studies on this relationship focused on large companies and did not consider many typical or recommended processes and activities carried out by SME BoDs. We monitored a set of variables related to BoD attributes such as composition, characteristics, structure and processes for 184 Italian SMEs along with their financials over a 4-year period (2014–2017). We controlled for enterprise-specific characteristics such as annual sales growth, assets value, sales turnover, leverage, com pany s…
The Role of Pluriactivity for Continuity and Survival in Family Farm Firms
2014
Our study focuses on family farm firms as an important and yet under-researched type of family firms. We explore the entrepreneurial growth behavior in the context of family farm firms by focusing on the role of pluriactivity. By integrating the literature of family business strategies, EO, and growth intentions, this study of 1618 Finnish family farms seeks to understand the idea of pluriactivity as a strategic orientation of family farm firms leading towards the growth and renewal of their prevailing and future domains. Our study revealed that pluriactivity is associated with growthorientation and perceived strengths of the family farm firms. We identified four types of growth groups (Est…
Does the ideal entrepreneurial team exist?
2021
Up until now, studies on entrepreneurs and their relationship to business performance have focused primarily on analyzing the entrepreneur as an individual. While studies have been conducted on the entrepreneurial team, their focus has centered on team size and degree of diversity - cultural, age, gender - leaving a gap in the analysis of the effect of a team’s competencies on the outcome of the ventures. This research aims to help fill this gap by using the psychometric instrument DISC. This research analyzes entrepreneurship by opportunity, evaluating the performance of 109 Colombian companies and the composition of their entrepreneurial teams. The results obtained provide the basis for b…
Exploring Environmental Management Control in Proactive Firms
2022
This chapter discusses the integration of environmental issues into the sphere of management control – renamed environmental management control (EMC) in France or eco-control in North America. We aim to contribute to reflections on the topic and to propose a conceptual framework for EMC by answering the following three research questions: How can we define EMC? How is EMC used in companies? Do management controllers have a part to play in this new managerial process?
The Role of Equity Crowdfunding Campaigns in Shaping Firm Innovativeness: Evidence from Italy
2023
PurposeThis paper aims to contribute to the scientific debate concerning the impact of equity crowdfunding on the performance of crowdfunded firms after campaigning. To this aim, the purpose of this paper is to investigate the relationship between the characteristics of the campaign and the subsequent firm innovativeness.Design/methodology/approachThis study adopts a quantitative research approach to evaluate if the entrepreneurial choices affecting the characteristics of the equity crowdfunding campaigns have an impact on the post-campaign firm innovativeness.FindingsThe results of the models show that the campaign characteristics have a direct impact on the firm innovativeness, both in te…
Foreign capital, credit constraints and continuity of firms’ R&D
2015
ABSTRACTIn this article, we investigate the role of foreign capital participation as a means for firms to overcome the obstacle posed by credit constraints to sustain R&D investments. Using data for Spanish manufacturing firms in the period 1990–2006, we show that firms with foreign capital are significantly less likely to stop already initiated R&D projects and also more likely to sustain R&D investment when facing credit constraints. Our results are robust to positive selection into foreign capital participation, which we control through a set of variables chosen from a propensity score estimation, and to firms’ fixed-effects.
The Impact of Barriers on Export Behavior of a Developing Country Firms: Evidence from Tanzania
2012
The purpose of this paper is to identify main export barriers and to test empirically their impact on export behavior. A survey of 122 manufacturing firms was conducted in Tanzania between October 2008 and February 2009. The survey data were analyzed using factor analysis and the Tobit regression model. Factor analysis identified five significant barrier factors: lack of export market knowledge and information, export supply capacity constraints, inadequate export financing, inefficient regulatory framework, and poor infrastructure. The impact of the barriers on export behavior was then tested using the Tobit regression model. The results of the Tobit estimation indicated that the lack of e…
FAMILY FIRMS: WELL-BEING OF EMPLOYEES AND ENTREPRENEURS. FAMILY RELATIONSHIPS AND WORK-RELATED STRESS
2014
The general aim of the present dissertation is to gain more insight into the phenomenon of family firms, the well-being of employees and entrepreneurs and the role of family relationships at work. These objectives have been pursued by means of three empirical studies presented in the three chapters respectively: Chapter 1 focuses on comparing the employees of family and non-family firms to identify clearly the distinctive features. Chapter 2 focuses on the Job demands-resources model and on the role of the emotional experience as an important variable in attempt to understand whether there is a different pattern of relationships in the model depending on the fact that the people work with o…
The interrelation between socio-spatial and institutional context and family business characteristics
2019
Tomaselli, Agrò, Fazio e Fricano show how family firms draw strength from the regional institutional context (where the region is properly intended as an administrative sub-unit at national level), as well as contribute to its evolution via their own actions. The variation in family competencies and internal dynamics lead to differences in family firms's overlla performance. The relationship with the regional institutional system in mutually sinergic - even marginal family businesses add their voice to whole, resulting in grater collective political influence, and at the same time the institutions at the regional level provide some degree of legitimacy to all players.