Search results for "economia d'empresa"
showing 4 items of 24 documents
Asset Tangibility, information asymmetries and intangibles as determinants of family firms leverage
2022
Using a sample of Spanish tourism small and medium-sized firms, we have tested the impact of family control, publicly-available information and tangibility on financial structure, providing a multi-theoretical model that incorporates contributions from the classical theory of finance, inspired by agency theory, the behavioural theory of the firm and strategic theory. The results point to the need to jointly consider the effects of information transmission practices, asset investment decisions and ownership structures on debt capacity. The results show how family control is associated with propensity to take on debt, so that the desire to maintain social control and socioemotional wealth pre…
Ex-Ante Business Model Evaluation Methods: A Proposal of Improvement and Applicability
2019
[EN] Purpose: The purpose of this paper is to choose the best method for ex ante business model evaluation, improve it and provide a framework to put it into practice. Design/Methodology/Approach: After an in-depth review, we chose the best method for ex ante business model evaluation, improved this method, and applied it to a real case study in which business models had been proposed for a Sustainable Smart District project. Findings: We analysed existing ex ante business model evaluation methods, justifying our choice of the best one. We improved this key question-based method by combining classic management tools and a new, promising procedure. We finally found a strong tool to improve b…
Crowdfunding and Social Entrepreneurship: Spotlight on Intermediaries
2019
This study contributes to the literature by describing how crowdfunding platforms that host social entrepreneurship projects build and preserve legitimacy. We study three intermediaries, analyzing the actions they take to ensure that creators and funders perceive crowdfunding as a trustworthy form of alternative finance. This study shows that the legitimacy that funders ascribe to a project&rsquo
How does diversity affect district innovation systems? Findings from a comparative study of european ceramics
2018
This research applies Nelson's (1993) primary typology of enterprises to understand why the propensity for innovation varies across ceramics district innovation systems in Europe. We use innovation systems and industrial district theories to explore the innovation capacity of the two most important ceramic tile industrial districts in Europe¿Emilia Romagna in Italy and Castellon in Spain. Our analysis shows that, in both districts, innovation plays a decisive role in allowing companies to maintain competitiveness in a globalizing market. However, by comparing the composition of their district innovation systems, our analysis shows that: (i) although levels of competition in both districts a…