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...

The implications of the spin-off from a company, theprospect of organizational learning, and the dynamics of change are examined. Aspin-off is defined as a firm that is not dependent on its former company butstill receives advantages from the parent firm. Spin-offs are classifiedinto the...

Firms are often facing a dilemma - whether to develop several innovative projects in-house or finance them as independent entities (spin-offs). This paper provides additional insight which helps to resolve this dilemma. We show that for relatively independent projects, spinning them off...