226 research outputs found

    A note on family influence and the adoption of discontinuous technologies in family firms

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    The 4Cs model of command, continuity, community, and connections is useful for examining the effect of family influence on the adoption of discontinuous technologies. However, assuming that family influence differs only in degree rather than kind is naive because such an assumption ignores the likelihood of heterogeneous behaviors among family firms. In this conceptual note, we extend prior work and explain how heterogeneity in the family’s relative emphasis on command, continuity, community, and connections requires that the multifaceted and potentially nonlinear nature of family influence be considered when analyzing strategic decisions concerning family firm innovation

    Building an outward-oriented social family legacy: rhetorical history in family business foundations

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    Scholars have recently paid growing attention to the transfer of family legacies across generations, but existing work has been mainly focused on an inward-oriented, intra-family, perspective. In this article, we seek to understand how family firms engage in rhetorical history to transfer their social family legacy to external stakeholders, what we call “outward-oriented social legacy.” By carrying out a 12-months field study in three Italian family business foundations, our findings unveil three distinctive narrative practices—founder foreshadowing, emplacing the legacy within the broader community, and weaving family history with macro—history—that contribute to transferring outward-oriented social legacies

    Entrepreneurial orientation and firm performance in family SMEs:the moderating effects of family, women, and strategic involvement in the board of directors

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    Entrepreneurial success in family SMEs is largely determined by the knowledge, skills, and new ideas contributed by board directors, the most important actors in the formulation of corporate strategy and decision making. The composition of family SME boards has traditionally been homogeneous, as such boards usually comprise male family members. Boards' contributions, however, depend on their level of diversity and strategic involvement. This study analyzes the moderating effects of two main sources of board diversity in family firms, family involvement level and gender diversity, as potential means of enhancing family firms' success when exploiting entrepreneurial initiatives. This study also explores whether these two potential moderators depend on the strategic involvement of the board directors. Based on a sample of 230 Spanish family firms, we found that the link between entrepreneurial orientation and performance is stronger in firms with lower levels of family involvement and higher levels of gender diversity in the board. Moreover, the board's high strategic involvement may strengthen the positive impact of gender diversity and change the moderating influence of family involvement from negative to positive

    Family Involvement in Management and Product Innovation: The Mediating Role of R&D Strategies

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    Following calls to capture family firms’ innovative behavior and to specifically clarify how family firms manage product innovations to achieve sustainable economic development, this study empirically investigates the mediating role of Research & Development (R&D) strategies (i.e., intramural R&D investments, extramural R&D investments, and the combination of both intramural and extramural R&D investments) in the relationship between family involvement in the management and likelihood of obtaining product innovations. Carrying out a panel data analysis that is based on 7264 observations of Spanish manufacturing firms throughout the 2000–2015 period, our results suggest a negative effect of the level of family management on the likelihood of introducing product innovations. Moreover, we found that intramural R&D investments and the investment strategy consisting of both intramural and extramural R&D mediated the family involvement in management-likelihood of obtaining product innovations relationship. Our findings contribute important insights to the comprehension of which determinants instigate product innovation in family managed firms

    First Stars II. Elemental abundances in the extremely metal-poor star CS 22949--037: A diagnostic of early massive supernovae

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    CS 22949--037 is one of the most metal-poor giants known ([Fe/H]4.0 \approx-4.0), and it exhibits large overabundances of carbon and nitrogen (Norris et al.). Using VLT-UVES spectra of unprecedented quality, regarding resolution and S/N ratio, covering a wide wavelength range (from λ=350\lambda = 350 to 900 nm), we have determined abundances for 21 elements in this star over a wide range of atomic mass. The major new discovery is an exceptionally large oxygen enhancement, [O/Fe] =1.97±0.1= 1.97\pm0.1, as measured from the [OI] line at 630.0 nm. We find an enhancement of [N/Fe] of 2.56±0.22.56\pm 0.2, and a milder one of [C/Fe] =1.17±= 1.17\pm0.1, similar to those already reported in the literature. This implies Z=0.01ZZ_{\star}=0.01 Z_{\odot}. We also find carbon isotopic ratios 12^{12}C/13^{13}C=4±2.0 =4\pm2.0 and 13^{13}C/14^{14}N=0.030.015+0.035 =0.03 ^{+0.035}_{-0.015}, close to the equilibrium value of the CN cycle. Lithium is not detected. Na is strongly enhanced ([Na/Fe] =+2.1±0.2= +2.1 \pm 0.2), while S and K are not detected. The silicon-burning elements Cr and Mn are underabundant, while Co and Zn are overabundant ([Zn/Fe]=+0.7 = +0.7). Zn is measured for the first time in such an extremely metal-poor star. The abundances of the neutron-capture elements Sr, Y, and Ba are strongly decreasing with the atomic number of the element: [Sr/Fe] +0.3\approx +0.3, [Y/Fe] 0.1\approx -0.1, and [Ba/Fe] 0.6\approx -0.6. Among possible progenitors of CS 22949--037, we discuss the pair-instability supernovae. Such very massive objects indeed produce large amounts of oxygen, and have been found to be possible sources of primary nitrogen. Other scenarios are also discussed. A 30-40MM_{\odot} supernova, with fallback, seems the most likely progenitor for CS 22949--037.Comment: 12 Pages, 10 figures, accepted for publication in Astronomy and Astrophysic

    Mutation analysis of the MDM4 gene in German breast cancer patients

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    <p>Abstract</p> <p>Background</p> <p>MDM4 is a negative regulator of p53 and cooperates with MDM2 in the cellular response to DNA damage. It is unknown, however, whether <it>MDM4 </it>gene alterations play some role in the inherited component of breast cancer susceptibility.</p> <p>Methods</p> <p>We sequenced the whole <it>MDM4 </it>coding region and flanking untranslated regions in genomic DNA samples obtained from 40 German patients with familial breast cancer. Selected variants were subsequently screened by RFLP-based assays in an extended set of breast cancer cases and controls.</p> <p>Results</p> <p>Our resequencing study uncovered two <it>MDM4 </it>coding variants in 4/40 patients. Three patients carried a silent substitution at codon 74 that was linked with another rare variant in the 5'UTR. No association of this allele with breast cancer was found in a subsequent screening of 133 patients with bilateral breast cancer and 136 controls. The fourth patient was heterozygous for the missense substitution D153G which is located in a less conserved region of the MDM4 protein but may affect a predicted phosphorylation site. The D153G substitution only partially segregated with breast cancer in the family and was not identified on additional 680 chromosomes screened.</p> <p>Conclusion</p> <p>This study did not reveal clearly pathogenic mutations although it uncovered two new unclassified variants at a low frequency. We conclude that there is no evidence for a major role of <it>MDM4 </it>coding variants in the inherited susceptibility towards breast cancer in German patients.</p
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