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- Grundström, Christina, et al.
(författare)
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Family-owned manufacturing SMEs and innovativeness : A comparison between within-family successions and external takeovers
- 2012
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Ingår i: The Journal of Family Business Strategy. - : Elsevier. - 1877-8585 .- 1877-8593. ; 3:3, s. 162-173
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Tidskriftsartikel (refereegranskat)abstract
- The purpose of this article is to compare within-family successions and external-party takeovers in family-owned manufacturing SMEs to determine potential differences in how they are perceived and managed. This paper focuses on two long-term aspects of family businesses – their succession and their ability to innovate – defining innovativeness as an aspect of organisational culture. Based on ten case studies, the paper concludes that the values related to a firm’s context, influenced by the divesting party as well as by the choice of successor, create inertia, to the extent that only minor changes in innovation orientation are possible. External owners may focus to a greater extent on growth and new ways of innovating, while family-succeeded firms diversify so as not to abandon previous businesses. Intermediating factors, such as customer involvement, type of SME, and the acquirers’ motives, influence the innovative organisational culture and create explanatory links to innovation intensity and methodologies of innovation.
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- Grundström, Christina, 1965-, et al.
(författare)
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View and management of innovativeness upon succession in family-owned SMEs
- 2011
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Ingår i: International Journal of Innovation Management. - Amsterdam, Netherlands : Elsevier. - 1363-9196 .- 1757-5877. ; 15:3, s. 617-640
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Tidskriftsartikel (refereegranskat)abstract
- The purpose of this paper is to provide insights into how the successors of family-owned manufacturing SMEs view and manage innovativeness. Research into company takeovers mainly focuses on large companies and little is known about innovativeness in research on family-owned businesses, often SMEs. This paper presents findings from ten company successions, five of which describe family successions and five external ones. The paper points to that there is little difference in how various types of successor view and manage innovativeness. A successor is chosen with care and this also influences the view and management of innovativeness; other criteria seem to apply in the succession and radical changes can only be introduced if a number of contextual factors are managed properly. The paper also indicates that while financial constraints may limit innovations, a strong financial situation is not an antecedent for innovativeness.
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- Öberg, Christina, 1970-, et al.
(författare)
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Acquisitions and network identity change
- 2011
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Ingår i: European Journal of Marketing. - Yorkshire, United Kingdom : Emerald Group Publishing Limited. - 0309-0566 .- 1758-7123. ; 45:9/10, s. 1470-1500
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Tidskriftsartikel (refereegranskat)abstract
- Purpose: The purpose of the paper is to discuss whether or not an acquisition changes the network identity of an acquired firm and, if so, how. This study aims to bring new insights to the corporate marketing field, as it examines corporate identity in the context of how a company is perceived because of its relationships with other firms. The focus of this research is acquired innovative firms.Design/methodology/approach: This paper adopts a multiple case study approach. Data on four acquisitions of innovative firms were collected using 41 interviews, which were supplemented with secondary data.Findings: Based on the case studies, it can be concluded that the network identity of the acquired firms does change following an acquisition. The acquired firms inherited the acquirers' identity, regardless of whether or not the companies were integrated. Previous, present and potential business partners regarded the innovative firms as being more solvent, but distanced themselves. In addition, some of them regarded the innovative firms as competitors.Practical implications: Changes in the way a firm is perceived by its business partners, following an acquisition, will influence the future business operations of the firm. Expected changes to business relationships should ideally be considered part of due diligence. Acquirers need to consider how they can minimise the risks associated with business partners' changed perceptions of acquired firms.Originality/value: This paper contributes to the research on identity, through discussion of the consequences of an acquisition for the identity and relationships of a firm. It also contributes to the existing corporate marketing literature, through consideration of perceptions at a network level. Furthermore, this paper contributes to merger and acquisition literature, by highlighting the influence of ownership on relationships with external parties.
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- Öberg, Christina, 1970-, et al.
(författare)
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The role of identity for open-source software innovations
- 2012
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Ingår i: Proceedings of The XXIII ISPIM Conference 2012 Barcelona. - : ISPIM/ Lappeenranta University of Technology Press. - 9789522652430
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Konferensbidrag (refereegranskat)abstract
- This paper describes and discusses the role of identity in open source software (OSS) innovations. It illustrates identities through four case studies that include the perspectives of OSS communities, OSS companies, and users. The paper concludes that the community may either have its primary function to provide an OSS aura to the OSS company, or it may have its focus on attracting developers and thereby contributing to innovativeness of the OSS community. OSS community identitie sare mainly self-reflective on its contributors, but also help to create rules of the community. Since it is the OSS company that communicates identities to external parties, the coherence and closeness between the OSS company and the community are important.
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- Öberg, Christina, 1970-, et al.
(författare)
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Using relationship distance to maintain innovation capability for university spin-offs
- 2013
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Ingår i: ISPIM Conference – Innovating in Global Markets: Challenges for Sustainable Growth. - Lappeenranta, Finland : Lappeenranta University of Technology Press. - 9789522654212
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Konferensbidrag (refereegranskat)abstract
- University spin-offs are often treated as key to establishing new high-tech ventures. The importance of relationships for such ventures has been extensively emphasised, particularly concerning innovation co-creation commercialisation. But do such establishments really produce value to the spin-off and foster its further development of innovations? This paper argues that distance in relationship is important for the continuous innovativeness of the spin-off, and discusses how such distance impacts the innovation capabilities and co-creation of a university spin-off. The paper presents a longitudinal case study of a Swedish university high-tech spin-off. It points to how horizontal proximity in the supply chain facilitates the development of the core technology but that relationship distance, in the form of geographic and vertical supply-chain distance, positively impacts the innovation capabilities of the spin-off. Supply-chain distance results in knowledge distance (or fit) which facilitates this freedom, yet moderates the co-creative capability between various parties.
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