Search results for "firm"
showing 10 items of 975 documents
Sraffa and the problem of returns: a view from the Sraffa archive
2022
About a quarter of a century ago, Carlo Panico and one of the authors of this chapter published a paper on ‘Sraffa, Marshall and the problem of returns’ (EJHET 1994) in which they explored links between Sraffa’s mid-1920s critique of Marshallian economics and the analysis developed some 35 years later in Production of Commodities. The 1994 contribution focused exclusively on Sraffa’s published works since his unpublished manuscripts were not yet freely accessible. With the benefit of hindsight, it may be claimed that Sraffa was a scholar who, during his lifetime, published little but wrote a lot (Kurz, 2008). Hence, when in December 1994 Trinity College Cambridge, UK, opened the Sraffa Arch…
Conceptualizing Innovative Business Planning Frameworks to Improving New Venture Strategy Communication and Performance. A Preliminary Analysis of th…
2017
Business planning is a fundamental activity that start-up entrepreneurs are called to carry out in order to attract new investors, business angels, and venture capitalists, to subsidize a new business idea. The key-tool universally used to communicate a new venture strategy to these players, as well as to other stakeholders, is the business plan, i.e. a framework including the business idea description, the product(s), the market sector(s), the core-assets, the budget, the business sustainability and profitability, and so on. As such, a major success factor for drawing up a business plan is the capability to clearly and synthetically communicate the business strategy. Among the others, one …
Generalising Theories Explaining the Different Modes of SME Development and the Associated Growth Trajectories
2010
Previous research has identified two forms of “abnormal” growth – styled as business dwarfism and gigantism - which can both lead to missed opportunities for owners/entrepreneurs and local economies, and even to business crisis and collapse. It has also shown that stunted and inflated growth phenomena, rather than being characterised by completely different rules and rationales, are closely related and that certain fundamental structures and processes underpin both those forms of ab-normal company growth behaviour. This paper reports an examination of a further SME phenomenon – what we have chosen to call "micro-giants". These are companies that would be categorised as rela-tively small fir…
A Physiological Approach to Analysing SME Growth Patterns and to Understanding the Distinctions and Similarities between Normal and Abnormal Growth
2010
Building on earlier work on abnormal SME growth trajectories, this paper investigates to what extent the analysis can be extended to the study of an unusual but “normal” growth pattern. The detailed case histories of two firms which might be called micro-giants are presented. These are companies that would be categorised as small firms but are actually competing, and competing successfully, in non-niche markets with much larger firms, or even multinational giants. The resource based view and modelling approaches developed in the earlier non-normal growth situations is then applied to these cases. It is argued that by viewing the management of strategic assets as part of the normal business …
Advising in family firms: shaping relational dynamics and trustful connections in strategy work
2022
The purpose of this article is to explore strategy advisors’ actions and interactions with family actors and nonfamily managers for strategy work in family businesses. By combining the strategy-as-practice perspective with the concept of emotional engagement practices, we interpret the case of a family firm collaborating with an external advisor over a 15-year period. We add to prior studies by showing how advisors work to build trustful and emotional connections that shape relational dynamics within evolving spaces of strategic discussion. We highlight the implications for strategy work, which change as relational dynamics develop over time.
Supporting Multi-Sided Platform firms to maintain rapid growth (and to avoid failure) over time through a Dynamic Business Modelling approach
2020
Over the last few decades, the diffusion of the sharing economy has nurtured continuous changes in business model opportunities with multi-sided platforms (MSPs) in many industries. MSPs are digital exchange platforms aiming at connecting unmatched demand- and supply- side participants through the use of internet technology. In many cases, such start-up initiatives have led to the creation of scale-up or high-growth firms (HGFs). However, in spite of the significant contribution to both economic development and employment, current studies seem to investigate primarily in an isolated perspective HGFs, MSPs and their business model innovation (BMI). The existing literature on HGFs focuses on …
Into the development of relational tourism: opportunity and threats
2010
The article starting from the concept of "relational tourism" (Ruisi, 2004) suggests the use of two matrices ("complementarity" and "compatibility") for a better selection of the partners of a network of tourist firms (i.e. hotel companies). Moreover, the article presents an example of best practice in relational tourism: the cous cous fest in San Vito Lo Capo (Sicily)
Governance Structure and Knowledge Sharing and Creation in Inter-Firm Networks
2006
Banca e credito nel rapporto con le imprese: note finali.
2016
In questo capitolo vengono tracciate le conclusioni di questo percorso di ricerca. Il volume è rivolto ad un pubblico di studenti, imprenditori, manager, professionisti e personale bancario, e intende porsi come uno contributo conoscitivo utile alla comprensione delle linee evolutive dei rapporti creditizi banca-impresa, in un contesto istituzionale e competitivo caratterizzato da una crescente complessità tecnica ed operativa dell’attività creditizia, da un’incessante innovazione finanziaria, da una continua evoluzione della tecnologia informatica e telematica, e dalla complessa armonizzazione e unificazione della regolamentazione e vigilanza dell’industria bancaria europea.
Il rapporto banca-impresa: aspetti definitori e premesse teorico-metodologiche.
2016
Questo capitolo introduttivo, pur ponendosi l’obiettivo di analizzare i fondamenti teorici del rapporto banca-impresa, non vuole avere la pretesa di prendere in esame in modo esaustivo la copiosa letteratura teorica ed empirica sulle scelte di finanziamento delle imprese, struttura finanziaria e intermediazione creditizia di natura bancaria, quanto piuttosto lo scopo di delineare i diversi percorsi di ricerca e di studio sui temi della finanza d’impresa e dell’intermediazione finanziaria, quali premesse teorico-metodologiche dell’analisi empirica del mercato creditizio della provincia di Caltanissetta, e in particolare del rapporto banca-impresa, condotta nei capitoli successivi.