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1 – 10 of over 1000Gry Osnes, Liv Hök, Olive Yanli Hou, Mona Haug, Victoria Grady and James D. Grady
With strategy-as-practice theory the authors explore successful business-owning families hand-over of roles to the next generation. The authors argue for the usefulness of…
Abstract
Purpose
With strategy-as-practice theory the authors explore successful business-owning families hand-over of roles to the next generation. The authors argue for the usefulness of strategy-as-practice theory in exploring the complexity and plurality of best practices in intergenerational hand-over. The paper aims to discuss these issues.
Design/methodology/approach
A cross-cultural in-depth case study with best practice cases from China, Germany, Sweden, England, Tanzania, Israel and the USA, based on in-depth interviews of family members and non-family employees.
Findings
The authors identified three different succession patterns: a “monolithic practice,” a distributed leadership hand-over, and active ownership with a non-family managing director/CEO. Two other types of hand-over practices were categorized as incubator patterns that formed a part of, or replaced, what we traditionally see as a hand-over of roles. Families would switch between these practices.
Research limitations/implications
Surprisingly, a monolithic succession practice (a one-company-one-leadership role) was rarely used. Quantitative and qualitative research should consider, as should advisors to family owners and family businesses, the plurality of succession practices. Education should explore a variation of succession and how the dynamic of gender influences the process.
Practical implications
Giving practitioners, such as research and practitioner, an overview of strategic options so as to explore these in a client or research case.
Social implications
Adding the notions that the family is an incubator for new entrepreneurship makes it possible to show how not only sector or public policy generate new ventures. That family as source of entrepreneurship has been well established in the field but it mainstream policy thinking the family is not seen as such a source.
Originality/value
The paper offers an integrative model of the complexity of hand-over practices of ownership and leadership roles. It shows how these practices are fundamental for understanding how a family’s ownership and their leadership of businesses and new entrepreneurship develops.
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The purpose of this paper is to identify the minimum conditions for the formation of an ecosystem that favours the emergence of spin-offs whose parent company is a family business.
Abstract
Purpose
The purpose of this paper is to identify the minimum conditions for the formation of an ecosystem that favours the emergence of spin-offs whose parent company is a family business.
Design/methodology/approach
Three family companies that have experienced processes supporting the creation of new companies led by family members were used for this exploration.
Findings
The findings show that it is possible to form an ecosystem with five basic components from which other factors of a different kind are derived, and that would favour the minimum conditions for new companies to emerge from the family business.
Originality/value
Spin-off companies have received valuable recognition in recent years. The vast majority of research on spin-offs considers those arising under the protection of a private innovation centre, a corporation, or university. This research gives more breadth to this coverage, by studying the emergence of spin-offs that rely on the family business as the parent company.
Objetivo
Esta investigación tiene el objetivo de identificar las condiciones mínimas para la conformación de un ecosistema que favorezca el surgimiento de empresas Spin-Off a partir de la empresa familiar como empresa madre.
Diseño/metodología/enfoque
Para esta exploración se tomaron tres empresas familiares que han experimentado procesos de apoyo a la creación de nuevas empresas lideradas por los miembros de la familia.
Hallazgos
Los hallazgos muestran que es posible conformar un ecosistema con cinco componentes fundamentales a partir de los cuales se desprenden otros factores de diferente índole que propiciarían las condiciones mínimas para que emerjan nuevas empresas a partir de la empresa familiar.
Originalidad/valor
Las empresas Spin-Off han tomado un valioso reconocimiento en los últimos años. La gran mayoría de investigaciones sobre empresas spin-off se ocupan de aquellas que surgen bajo el amparo de un centro de innovación privado, una corporación o una universidad. Esta investigación da más amplitud a esta cobertura, al estudiar el surgimiento de spin-off que se apoyan en la empresa familiar como empresa madre.
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Roberta Apa, Roberto Grandinetti and Silvia Rita Sedita
The purpose of this paper is to provide insights on the relational dimension of a networked business incubator (NBI), by investigating the intermediary role of incubator…
Abstract
Purpose
The purpose of this paper is to provide insights on the relational dimension of a networked business incubator (NBI), by investigating the intermediary role of incubator management in fostering social and business ties linking tenants among each other, with the incubator management and external actors.
Design/methodology/approach
The paper offers a literature review on the NBIs and advances a comprehensive analytical framework of the networked incubation model. This framework is empirically illustrated through a case study research on a leading Italian private NBI, namely, H-Farm. The collection of primary data was conducted by means of face-to-face in-depth interviews and a survey. Data were processed through social network analysis (SNA) tools.
Findings
The results highlight the co-presence and interaction of social and business ties, which build up a vital environment nurturing an entrepreneurial ecosystem. Community-based relationships and the intermediation of incubator management are crucial for supporting tenants in product and business development activities.
Research limitations/implications
These results pave the way to further research, oriented to the conceptualization of a NBI as a (small) cluster. Moreover, the application of the SNA tools adopted invites further research on networked incubators, applying the same methodology in new directions.
Originality/value
This paper adds to previous literature on NBIs by providing evidence of the intermediary role of incubator management in promoting and facilitating social and business relationships occurring among tenants, between tenants and the incubator management, as well as with external advisors, clients and suppliers.
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Luiz Guilherme Rodrigues Antunes, Cleber Carvalho de Castro and Andrea Ap da Costa Mineiro
The purpose of this paper is to analyze the performance of incubators in the stages of formation and development of incubated business networks, especially in bottom-up and…
Abstract
Purpose
The purpose of this paper is to analyze the performance of incubators in the stages of formation and development of incubated business networks, especially in bottom-up and top-down network models.
Design/methodology/approach
The research is defined as qualitative and descriptive, with the application of multiple case studies, in which two networks of incubated businesses were investigated, one being top-down and the other bottom-up, which emerged within the incubation process of two business incubators (CIETEC and INCIT). To make the study operational, 11 semi-structured interviews were carried out and the thematic analysis of content was developed.
Findings
The results pointed out that in the top-down network the incubator performs a new assignment, the network orchestration, which corresponds to the actions of formation, coordination and governance of the group. In the bottom-up network, it was found that the role of the incubator was to expand the value offers usually practiced.
Research limitations/implications
As a limitation of the research, the very limitation of case studies is pointed out that is they do not allow for generalizations.
Practical implications
The research contributes to reflections on the effectiveness of the incubator and sheds light on the complementarity of networks in incubation processes, providing gains for incubators, incubated businesses and society.
Originality/value
The originality of this document is the new role of the incubator, which is orchestration, and its categorization. The results allow us to understand the effects of providing networks and relationships for incubated businesses. In addition, this study broadens the focus of traditional analyses of the incubator–incubated duo to consider the incubator–network–incubated trio.
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Karen Williams Middleton, Antonio Padilla-Meléndez, Nigel Lockett, Carla Quesada-Pallarès and Sarah Jack
The purpose of this paper is to explores the influence of socialization upon the constitution and integration of learning leading to the development of entrepreneurial competence…
Abstract
Purpose
The purpose of this paper is to explores the influence of socialization upon the constitution and integration of learning leading to the development of entrepreneurial competence while at university, from the learner perspective. Self-reported learning is analyzed to illustrate ways in which students make use of institutional and social contributions of the university context.
Design/methodology/approach
The study investigates entrepreneurial journeys of 18 participants, either currently attending or recently graduated from three universities in three countries with both comparable and distinctive contextual elements. In depth analysis of individual life stories, focusing on self-identified critical incidents, is used to illustrate ways in which students, while at university, develop entrepreneurial competence for current and future practice.
Findings
Formal and non-formal learning remain important foundations for entrepreneurial competence development, delivered through designed content-centric structures. Informal learning – particularly mentor supported socialised learning – centring around the learner is key to solidifying learning towards entrepreneurial competence, through know-how and access to resources. The university emerges as an entrepreneurial learning space where students constitute and integrate learning gained through different forms.
Research limitations/implications
Cross-cultural analysis is limited as the paper emphasizes the individual’s learning experience relative to the immediate university context.
Practical implications
Universities play a critical role as entrepreneurial learning spaces beyond formal and non-formal learning. This includes dedicating resources to orchestrate informal learning opportunities and enabling interaction with the different agents that contribute to socialised situated learning, supporting entrepreneurial competence development. Universities need to take responsibility for facilitating the entirety of learning.
Originality/value
Socialised learning in combination with other forms of learning contributes to student development of entrepreneurial competence while situated in the university context.
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To develop a decision model supporting employee involvement in industrial vulnerability reduction.
Abstract
Purpose
To develop a decision model supporting employee involvement in industrial vulnerability reduction.
Design/methodology/approach
A synthesis review of some of the relevant extant literature on technological/industrial vulnerability, and their application within a normative decision‐making model (i.e. the “Vroom‐Yetton model”).
Findings
The insights on vulnerability drawn from the literature are highly amenable to a systematic decision‐making model for employee involvement. Various aspects of vulnerability, specifically with regard to substantial, social and temporal dimensions may be included in such a model.
Research limitations/implications
New insights about the context‐dependent aspects of vulnerability are offered by considering these within a contingency decision model. This suggests that vulnerability categories are not absolute, but have to be assessed in relation to a specific decision‐making framework.
Practical implications
The developed model provides a way of weighting various dimensions of vulnerability and making more appropriate decisions regarding leadership style in a range of circumstances.
Originality/value
While decision models exist for assessing risk in organizations, no contingency model for employee involvement in vulnerability assessment has been presented to date.
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Sue Rossano-Rivero and Ingrid Wakkee
This study aims to extend literature on academic entrepreneurship and entrepreneurial networking by examining how academics, in their role of entrepreneurial educators, network…
Abstract
Purpose
This study aims to extend literature on academic entrepreneurship and entrepreneurial networking by examining how academics, in their role of entrepreneurial educators, network for the creation and execution of novel teaching practices in cooperation with external actors.
Design/methodology/approach
The empirical investigation is based on qualitative inquiry, using a case study approach. Specifically, eight cases originating at three universities in Germany, The Netherlands and Mexico were examined. The cases which constituted innovative teaching practices were selected following a replication logic. Each involved extensive participation of societal actors in course development or delivery and aimed to stimulate students to work on real life challenges and disseminate novel knowledge back to the world of practice. All courses were either introduced or taught by educators who possessed different levels and types of academic and industrial or entrepreneurial experience.
Findings
Based on eight cases the authors found that the networking behaviour of entrepreneurial educators is crucial for the generation of proximity with external actors and for the acquisition of key resources, such as an external actor to participate in teaching practice and for the generation of legitimacy for their innovations in teaching. The entrepreneurial and industrial experience of entrepreneurial educators emerges as an affordance to network with external actors, helping them to achieve a common understanding of the opportunity and to generate trust among them.
Practical implications
This study equips managers of higher education institutions with critical insights into innovating the teaching mission of the university and developing closer and stronger relationships with external actors of the university.
Originality/value
This study seeks to advance the literature on academic entrepreneurship by shifting the attention away from academic entrepreneurs as merely founders of spin-offs and collaborators with business on research and development towards entrepreneurial educators who see opportunities in establishing collaborations with external actors as part of their teaching activities. Further, it introduces the “social networking perspective” to this field. Vissa (2012) and Stam (2015) introduced this perspective as a logical extension to the study of the generation of social capital to reach entrepreneurial goals.
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Linda Elizabeth Ruiz and Elda Barron
This chapter aims to explore and describe the composition of newly formed entrepreneurial teams, working relationships among their members, and perception of self-performance at…
Abstract
This chapter aims to explore and describe the composition of newly formed entrepreneurial teams, working relationships among their members, and perception of self-performance at each stage of the business incubation process. The research follows a qualitative approach that involves semi-structured interviews of members from entrepreneurial teams at different stages of business development. Findings show the team composition is an important element and how these changes as the team progress through business incubation stages. Relationships between members change from informal to professional with more defined roles. The perception of the business incubator's effect on the team decreases as the maturity stages advance. On the contrary, each member's perceived expectations are deemed to be higher at the beginning of the project. This research contributes to the knowledge of the dynamics of the entrepreneurial teams and their needs at each stage of business incubation.
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Lorna Treanor and Colette Henry
Women entrepreneurs face gender‐specific barriers surrounding access to: networks of information, assistance, finance and investment funds, in addition to socio‐cultural barriers…
Abstract
Purpose
Women entrepreneurs face gender‐specific barriers surrounding access to: networks of information, assistance, finance and investment funds, in addition to socio‐cultural barriers. Business incubation literature indicates the supports provided to tenant incubator companies (including: assistance from incubation managers, access to academic institutions and facilities and access to contact networks), generally increase survival rates and can accelerate growth in turnover, employment levels and export sales. Business incubators could, therefore, offer an ideal environment for women entrepreneurs to overcome many gender‐related barriers. The Irish Government has invested, via “Enterprise Ireland”, over €46 million in campus‐incubators but the gender composition of incubation tenants accessing this state funding has not been explored.
Design/methodology/approach
A study of all “Enterprise Ireland” funded campus‐incubators in Ireland was undertaken between November 2006 and March 2007. A survey of 100 per cent of centre managers explored their background, demands on time, the contact networks and relationships with the academic host in each centre and services provided. For cross‐referencing purposes, some tenants and prospective tenants were also surveyed in relation to tenant expectations and service delivery; the culture of incubation centres; incubation centres' policies are: tenant recruitment and selection.
Findings
This paper highlights the under‐representation of women‐owned businesses in Ireland's campus incubation centres.
Research limitations/implications
These findings highlight key areas requiring attention from researchers, policy makers and incubation managers to facilitate best practice.
Originality/value
This paper contributes to current knowledge as there has, to date, been no comprehensive study or evaluation of gender equality, or suitability of services provided, in campus‐incubators.
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