1. How do the non-economic goals of the current CEOs affect innovation in family firms?
- Author
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Lazzarotti, Valentina, Gjergji, Rafaela, and Visconti, Federico
- Subjects
FAMILY-owned business enterprises ,CHIEF executive officers ,TECHNOLOGICAL innovations ,INNOVATIONS in business - Abstract
The paper investigates how the non-economic goals of the current CEOs affect innovation in family firms. A qualitative in-depth multiple case study of four family firms is carried out, in which the current CEOs' non-economic goals are identified by direct interviews with the current CEOs themselves and with the members who managed the company before them (i.e., the predecessors). As a main result, the paper proposes a theoretical framework which explains the relationships between goals and innovation by identifying a series of managerial levers activated because of the peculiarity of the current CEOs' non-economic goals. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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