The aim of the paper is to identify the main goals that are deemed as strategic by the owner/managers for the future growth of a family firm, and to assess whether innovation ad internationalisation are included in such goals. By relying on 15 in-depth interviews with family firms’ key informants (owner/manager/professional) and by adopting a narrative approach, the main contribution of the study is to extend Kotlar and De Massis (2013) theoretical framework by outlining the pivotal importance of innovation and internationalization led growth – although from the findings it emerges that internationalisation is a very important goal for the future growth of the family business, its adoption tends to be gradual due to the limited resources that traditionally characterise family firms and to the family business’s prudential approach that is aimed at preserving the family’s wealth.
“Can you tell me about the future?” A narrative of the goal-setting process in family business
Vecchi Alessandra;
2017
Abstract
The aim of the paper is to identify the main goals that are deemed as strategic by the owner/managers for the future growth of a family firm, and to assess whether innovation ad internationalisation are included in such goals. By relying on 15 in-depth interviews with family firms’ key informants (owner/manager/professional) and by adopting a narrative approach, the main contribution of the study is to extend Kotlar and De Massis (2013) theoretical framework by outlining the pivotal importance of innovation and internationalization led growth – although from the findings it emerges that internationalisation is a very important goal for the future growth of the family business, its adoption tends to be gradual due to the limited resources that traditionally characterise family firms and to the family business’s prudential approach that is aimed at preserving the family’s wealth.I documenti in SFERA sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
