We test the hypothesis that the identity of the owner affects firm ability to seize market opportunities differently according to the firm's actual vs. “optimal” size (size gap). By grouping firms in size clusters having a similar probability of adopting a size-adjusting strategy (growth or...

Despite periodic updating, conventional administrative datasets and industry codes often fail to provide classifications for services and the emerging industries of the twenty-first century. For researchers, these data challenges present particular barriers to understanding the nature of...

The so-called “Industry 4.0” is giving birth to a new concept of factory, thus today more than ever governments needs a strong industrial policy ensuring competitiveness of their enterprises. The call of manufacturing industry for more clear and robust industrial policies and commitments...

This article contributes to the growing empirical literature on family firms by studying the impact of the founder-chief executive officer (CEO) succession in a sample of Italian firms. We contrast firms that continue to be managed within the family by the heirs to the founders with firms in...

Italian Abstract: Questo capitolo esamina l'ampia letteratura esistente sul tema dell'imprenditoria familiare, attingendo a contributi di economia, finanza e management. Lo scopo è quello di evidenziare e discutere criticamente punti di forza e di debolezza di questa forma di governance...