Past studies on public equity capital options concentrated on the financial or the institutional side of the process. The finance literature considered going public mainly as a way to access new sources of funds and to decrease the cost of capital. Within the family business field, most scholars...

Previous literature on corporate entrepreneurship (CE) in family business (FB) focusses on the determinants of CE and presents conflicting results on its effects on firm-level performance. We argue that previous studies have overlooked the idea of FBs being complex social systems comprising...

This article addresses the issue of training next-generation family members once they have joined the management team in their family firm. The qualitative analysis of strategic planning processes of 18 Italian family firms shows that involving next-generation family members in the planning...

Research in the sociology of culture and in the anthropology of consumption suggests that goods carry a symbolic value, to the extent that they provide users to express individual identity and to signal social status. In this paper, we examine the process of symbolic value creation. Building on...

Research on learning processes in an entrepreneurial context is still in an early stage. Only recently, researchers’ attention has shifted on the cognitive processes that take place as opportunities are explored, solutions are developed, and their potential risk and returns are gradually made...

Past studies have emphasized the role played by product design and corporate identity for defining and reinforcing a company's strategy. In recent years, however, the dominance of strategic models focused on positioning within the industry structure or on the endowment of resources has moved...

In order to understand the organizational sources of continuous innovation, the paper provides an in-depth analysis of a leading company in the hearing aid industry, which showed impressive ability to develop and introduce innovation in the Nineties. Findings focus on three dynamic capabilities...

The article investigates the relationship between ownership structure and the role played by the board of directors in the strategic decision process. A comparative case study of strategic decision processes indicates that ownership concentration, the nature of shareholders' interests and the...

This paper reports a longitudinal field study on the effects of positive media coverage on the reconstruction of organizational identity. The study highlights how intense positive coverage to the point of turning an organization into a celebrity influences both the way members understand their...

In this paper, we build on a longitudinal study of three different attempts at managing identity change within the same organization over a period of 25 years. The purpose of the paper is to develop an interpretative model that investigates how organizations may promote periodic renewal and...