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Università della Svizzera italiana

Dynamic capabilities and trans-generational value creation in family firms : The role of organizational culture

Chirico, Francesco ; Nordqvist, Mattias

In: International small business journal, 2010, vol. 28, no. 5, p. 487-504

While some research on entrepreneurship in family businesses has focused on transgenerational value creation, a gap exists in understanding how such value is generated across generations. The present research offers insights through the lens of dynamic capabilities, which are created by knowledge and in turn generate entrepreneurial performance and value creation. A model is built based on...

Università della Svizzera italiana

Simulating dynamic capabilities and value creation in family firms : Is paternalism an ‘asset’ or ‘liability’?

Chirico, Francesco ; Nordqvist, Mattias ; Colombo, Gianluca ; Mollona, Edoardo

In: Family business review, 2012, vol. 25, no. 3, p. 318-338

The authors conduct a simulation study using system dynamics methods to interpret how and when paternalism affects dynamic capabilities (DCs) and by association value creation in family firms. Their simulation experiments suggest that the effect of paternalism on DCs and value creation varies over time. Initially, increasing levels of family social capital and low levels of paternalism are...