| 1. |
- Ljungkvist, Torbjörn, et al.
(författare)
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A theory of venture capital family business (VCFB) : professionalization trajectories
- 2019
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Konferensbidrag (övrigt vetenskapligt/konstnärligt)abstract
- Venture capital as well as family firms are very heterogeneous populations of firms. Extant literature has studied the interaction and connection between the groups of firms. However, only recently, researcher began to look at those firms which are part of both group at the same. Firms which are labeled venture capital family businesses (VCFB) (Ljungkvist & Boers, 2017). Recent research suggests that the interaction of family firms and VC firms can be distinguished into three separate phases (Schickinger, et al., 2018). Based on these phases, the paper develops propositions on how VCFB firms develop their professionalization trajectories in these phases. Thus, the presented propositions highlight how the family owners’ actions and behavior are related to professionalism and how it influences the three phases of investing.
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| 2. |
- Boers, Börje, 1975-, et al.
(författare)
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A founder’s heritage : the development of psychological ownership
- 2017
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Konferensbidrag (övrigt vetenskapligt/konstnärligt)abstract
- ObjectivesIs a founder “leaving” an organization by selling it, or are there aspects of the founder left even though, the founder does not have a formal occupation or ownership in the organization?Will there be a legacy of the founder and how will this affect the psychological ownership? What is the founder’s heritage from a psychological ownership perspective?The purpose is to understand the consequences of a business sale of the founder and from a psychological ownership perspective.Prior WorkDrawing on the work of psychological ownership and founder heritage, the work combines important literatures to shed light on an important empirical phenomenon, i.e. the exit of a founder/entrepreneur and its consequences for the organization.ApproachThis study follows a single case study approach and draws on rich empirical material from semi-structured interviews and extensive archival data.ResultsWe show how central activities are affected by a founder’s heritage over long time after the formal exit has taken place. We illustrate the development of a founder’s psychological ownership before and after he has formally sold the legal ownership.Implications and ValueThe paper aims at contributing to the entrepreneurial and founder exit-literature by adding a process perspective. Unlike it is sometimes assumed in the entrepreneurship literature is an exit not necessarily a clear-cut and once and for all decision. The paper contributes also psychological ownership literature by highlighting its continuity after the formal sale of the legal ownership and its consequences for the organization.
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| 3. |
- Hilletofth, Per
(författare)
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Differentiated Supply Chain Strategy - Building Knowledge through Case Studies
- 2008
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Ingår i: Fourth International Railway Logistics Seminar. - Kouvola, Finland : Lappeenranta University of Technology. - 9789522146014 ; , s. 5-28, s. 5-28, s. 5-28
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Konferensbidrag (övrigt vetenskapligt/konstnärligt)abstract
- Nowadays companies usually offer a wide range of products and services in various types of non-coherent business environments. It is becoming apparent that traditional ‘one-size-fits-all’ supply chain strategies does not support a wide range of products sold in a diversity of markets. Consequently, it becomes increasingly necessary to employ different manufacturing and delivery strategies concurrently in order to develop a differentiated supply chain strategy. This paper employs a descriptive multiple case study approach to illustrate how two companies has develop a differentiated supply chain strategy. Case study findings reveal that one efficient method to develop a differentiated supply chain strategy is to combine different manufacturing and delivery strategies into various supply chain solutions. By combining relatively few strategies it is possible to develop several differentiated supply chain solutions.
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| 4. |
- Schuller, Bernd-Joachim, et al.
(författare)
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Migration, Demograpy and Economic growth - A European Perspective : Discussion Paper European Economic Integration in Swedish Research
- 2006
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Konferensbidrag (övrigt vetenskapligt/konstnärligt)abstract
- As well known and much discussed, the European demographic development will mean problems for economic growth in the future. While the part of the population, which is older than 65, will continue to rise both relative to the labour force and in absolute terms, the active population between 20 and 64 probably will fall, at least relatively if not absolutely. In this paper we will treat two central questions. The first question is dealing with the demographic development and possible effects of migration in West Europe. Regarding the new member countries and the candidate countries, with the exception of Turkey, the demographic development here is even more difficult than the one in West Europe. Furthermore, migration to Europe could implicate a brain drain, which may deteriorate the economic and social situation in the countries of emigration. In this part we even will discuss, whether the population situation in Europe could lead to an enlargement of the EU or other arrangements of co-operation with countries, which traditionally are not seen as candidates for membership. The second main question in the paper will discuss the implications of the population development and of migration for economic growth. A difference can be made between growth of total GDP, GDP per head of population and GDP per employed person. Yet the main emphasis of the empirical growth discussion will deal with GDP pc. We will even discus, whether the possibilities of falling growth could be leveled out by higher formation of physical and human capital, changes of participation rates and working hours.
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| 5. |
- Hilletofth, Per, et al.
(författare)
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Information fusion in maintenance planning
- 2007
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Ingår i: Proceedings of Swedish Production Symposium. - Göteborg, Sweden.
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Konferensbidrag (övrigt vetenskapligt/konstnärligt)abstract
- Industrial production service organisations, companies maintainingproduction machines and whole processes as well as factories, are in great demand ofproductivity and profitavility improvement. Usually performance in theseorganisations arises from high utilization of personnel, superior engineeringknowledge and purchasing expertise/power. However, small and medium sizedmaintenance service providers mostly differate themselves with two first mentioneditems. In this paper we will propose information fusion cockpit to be used in theSME maintenance organisation to enhance problem solving, demand visibility andresource need estimates – hopefully this will enhance the performance of a caseorganisation. As a key input variable to manage large amount of different customerswe identify incoming calls to trigger information collection from vast number ofdifferent databases – the integration of this incoming “demand” is the first step to betaken in the use of more advanced systems. We also speculate in this paper, howagent based artificial intelligence could be used in order to take full benefit frommore advanced system.
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| 6. |
- Boers, Börje, 1975-
(författare)
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The codetermined family business: a paradox?
- 2013
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Konferensbidrag (övrigt vetenskapligt/konstnärligt)abstract
- This work in progress paper introduces codetermination as phenomenon to the family business field. The study aims at exploring the role of employee-representatives in boards of non-listed family businesses and thereby contributes to understanding ownership and governance processes in family businesses.
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| 7. |
- Hilletofth, Per, et al.
(författare)
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Agent Based Decision Support in Manufacturing Supply Chain
- 2009
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Ingår i: Agent and Multi-Agent Systems: Technologies and Applications. - Berlin, Heidelberg : Springer Berlin/Heidelberg. - 3642016642 - 9783642016646 - 9783642016653 ; , s. 677-686
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Konferensbidrag (övrigt vetenskapligt/konstnärligt)abstract
- Supply Chain Management (SCM) is becoming increasingly complex and an intensified competition in the end-markets has started to create a situation where co-operation requirements between companies in a Supply Chain (SC) are increasing. The old mechanistic operations management solutions are becoming obsolete and advanced decision support is increasingly needed to realize efficient and effective management of complex SCs. The objective of this research is to contribute to the understanding of how Agent Based Modeling (ABM) can advance decision making and to discuss why ABM should be regarded as method to realize Information Fusion (IF). In this research work an agent based model of SCM has been implemented in a simulation platform to provide an approach for evaluation of decision and management alternatives. Research shows that this kind of decision support system is based on IF, since it collects and fuses information from different sources into a situation image that provides effective support for human decision making
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| 8. |
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| 9. |
- Ljungkvist, Torbjörn, et al.
(författare)
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Rapid growth of founder-led companies : the role of resource orchestration
- 2019
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Konferensbidrag (övrigt vetenskapligt/konstnärligt)abstract
- Purpose – The purpose of this paper is to understand the role of resource orchestration in rapidly growing founder-led companies. Design/methodology/approach – Based on a comparative case study of founder-led companies, the resource orchestration in a founder-led family firm is compared with a founder-led one. To comprehend the complexity of resource orchestration, a large amount of archival data and interviews are used. By using data derived from a period of ten years, the present study has a longitudinal approach. Findings – By uncovering the resource management process, the findings indicate a difference in focus between the founder-led family firm and the founder-led firm. The resource orchestration in the family firm focuses to a greater extent on the early stages of the resource management process, i.e. the recruitment of new staff, the incorporation and the control of “right” values and norms. On the other hand, the founder-led business puts a higher focus on performance metrics and the documented coordination of teams and customers. However, both companies rely largely on self-organizing teams. By revealing the management role in a dynamic industry, the present study criticizes and extends general findings of the resource orchestration literature. Moreover, it contributes to the organizational culture and firm growth entrepreneurship literature. Practical implications – The study shows how founder-based companies can grow successfully in a dynamic environment. Furthermore, it reveals how software companies’ resources can be managed and bundled in a successful manner. Originality/value – the present study conveys fine-grained insights in complex management processes operating in a dynamic environment.
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| 10. |
- Boers, Börje, 1975-, et al.
(författare)
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Work-family interface : coping strategies in growing family SMEs
- 2019
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Konferensbidrag (övrigt vetenskapligt/konstnärligt)abstract
- SMEs may be more vulnerable because of their limited resources (Falkner & Hiebl, 2015). SMEs’ success is often dependent on their owner managers, e.g. their attitude towards growth may differ substantively (Achtenhagen, Naldi, & Melin, 2010; Jaouen & Lasch, 2015). For instance, Davidsson argued that not all small firm owners are willing to grow because they, e.g., fear that growth will endanger employee well-being and the owners will lose control (Davidsson, 1989, 1991). The ability of owner managers to follow a growth strategy may in part also be dependent on how the owner manager is able to handle its life outside the business (Jennings & McDougald, 2007), e.g. the family embeddedness (Aldrich & Cliff, 2003).More recent research has called for studies investigating, e.g. the work–family (WF) interactions in businesses run by male and female entrepreneurs (Adkins, Samaras, Gilfillan, & McWee, 2013; Ahl, 2006). Extant research has started looking at motives and constrains of female entrepreneurs in regards to the work family interface (Adkins, et al., 2013; Ahl, 2006).Research on work family interface is, in line with other areas, dominated by studies investigating the US-context, disregarding other contexts (Shaffer, Joplin, & Hsu, 2011). More and more researchers have called for further research on the interface between family and work life (Jaskiewicz, Combs, Shanine, & Kacmar, 2017; Nguyen & Sawang, 2016; Powell & Eddleston, 2017; Powell, Greenhaus, Allen, & Johnson, 2018). Therefore, we offer a new angle by investigating male entrepreneurs who can be considered successful in a Swedish context. Success in this context refers to a sustainable growth strategy in regards to growing the business considerably in both turnover and number of employees over a period of five years. Purpose/topic of researchThe purpose of this study is to understand the work-family interface in small, growing family firms by answering the following research questions:Which coping strategies are used to address conflicts in the work family interface?How do these strategies support work/life –balance and how to do they influence firm growth?Research methodThe authors of this study conducted a research project on SMEs which, after a period of stable performance in terms of turnover and number of employees, grew with 50% in bother turnover and number of employees over a consecutive period of five years. The study was conducted in the southwest of Sweden.For this paper and purpose we selected three companies where the respondents had expressed that work-life-conflicts played a role for being able to focus on and execute a growth strategy.The figures concerning turnover and number of employees were taken from the publicly available annual reports. The collection of this data was executed in 2017 and included annual reports from 2000 to 2016.As part of the general study, the selected companies were interviewed. Before the interviews were conducted, the interviewees were contacted by email and afterwards by telephone. In this first telephone conversation, the general purpose of the study was explained. In the following face-to-face interviews the respondents, usually owner-managers, were interviewed, using a structured interview guideline. The guideline entailed open questions and scaled questions concerning reasons for growth, performance, change in ownership and management, entrepreneurial orientation, employee concerns, justice and equality. Theories used Coping strategiesThe literature has come up with plenty of coping strategies that deal with how individual deal with issues that bothers them. In this study we draw on research with a connection to entrepreneurship and growth (Jennings & McDougald, 2007). Coping has been defined in psychological terms by Lazarus and Folkman (1984) as “constantly changing cognitive and behavioral efforts to manage specific external and/or internal demands that are appraised as taxing”. Coping is expending conscious effort to solve personal and interpersonal problems, and seeking to master and minimize stress (Weiten & Lloyd, 2008). Psychological coping mechanisms are usually termed coping strategies or coping skills. Unconscious strategies are commonly excluded. The term coping generally refers to adaptive or constructive coping strategies. However, some coping strategies can also be considered maladaptive. Maladaptive coping can be described as non-coping. Furthermore, the term coping commonly refers to reactive coping. This contrasts with proactive coping, in which a coping response aims to head off a future stressor. Coping responses are partly controlled by personality, but also by the social context, particularly the stressful environment (Carver & Connor-Smith, 2010).On growth“Most firms start small, live small and die small” (Davidsson 2010, p. 23[BB1] ). Growth is not the norm, and the main reason that most firms do not grow is that they operate in mature industries and serves local markets (Davidsson 2010). For those firms that do grow the entrepreneur often plays an important role. Factors such as motivation, education, management experience, number of founders have been proven to influence growth in a positive direction. However, there is a lack of research regarding how different factors related to work-life balance affects firm growth.Growth is usually defined as an increase in the amount of some measurable outcome, e.g. sales or employment (Cyron & Zoellick, 2018)(Cyron & Zoellick 2018, Davidsson 2010). Contribution of researchThe research contributes insights on which and how male entrepreneurs use coping strategies to address conflicts in the work family interface.Findings reveal the complex role of family which can both be an origin but also a solution to these conflicts.The study further contributes to the ongoing debate concerning growth intension and growth ambition in the entrepreneurship literature. Especially in small family firms, growth is not only hindered by limited resources. At the same time, resources and obstacles for growth are complex.
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