In recent years, the increase in competitiveness, as a result of the economic globalization and crisis, has caused the bankruptcy of many Italian small family businesses working in traditional industries. Meanwhile, family firms that have been working in a perspective of process and product...

Spin-offs refer to the creation of new firms by employees breaking off from existing firms to give birth to companies of their own. However, this phenomenon has not been predominantly observed in the context of family businesses. Employment in the family firm creates an expectation that family...

A relationship between banks and firms that emphasizes the qualitative aspects of the enterprises may represent a response to the increasing difficulties of the credit system in financing a business system in which the intangible assets are the main source of value. In this view, an empirical...

Several management studies highlight the importance of collaborative relationships for university-industry knowledge and technology transfer. The present study examines the role of absorptive and desorptive capacity (A/DCAP) of actors in technology transfer processes by pointing out critical...

Purpose: The aim of the paper is to investigate the Black and Scholes model by providing an updated framework of the international literature on the topic, within the field of real option. The purpose of the research is to identify the relevant literature between 1999 and 2015, together with the...

Purpose: Regional development must heavily rely on innovation in order to be competitive and improve the standard of living of its citizens. However, regional policies regarding innovation is often limited by decelerated decision making process which is often based on outdated qualitative...

Arts, democracy, and innovation co-evolve. While for the Triple Helix model the existence of a democracy is not necessary for knowledge production and innovation, the Quadruple Helix is here more explicit. The way how the Quadruple Helix is being engineered, designed, and "architected" clearly...

From Development as Democracy to Innovation as Development: Current local, regional, and global economic and financial conditions and trends make the need to trigger, catalyze and accelerate high quantity and quality entrepreneurial initiatives that are based on high quality and quantity...

The academic firm is a type of firm (firm-based organization or institution) that is being driven by focusing on encouraging, supporting, and advancing knowledge production (research, research and experimental development, R&D) and knowledge application (innovation). The academic firm interprets...

With the comprehensive term of "Mode 3," we want to draw a conceptual link between systems and systems theory and want to demonstrate further how this can be applied to knowledge in the next steps. Systems can be understood as being composed of "elements", which are tied together by a...