Family management and Industry 4.0: Different effects in different geographical areas? An analysis of the less developed regions in Italy
This paper tests the impact of different types of management within family businesses on digital innovation related to Industry 4.0 investments, from a geographical perspective. The data set consists of 3,000 Italian manufacturing small- and medium–sized enterprises. Using probit models, the results...
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| Format: | Article |
| Language: | English |
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Cognitione Foundation for the Dissemination of Knowledge and Science
2019-01-01
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| Series: | Journal of Entrepreneurship, Management and Innovation |
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| Online Access: | http://jemi.edu.pl/uploadedFiles/file/all-issues/vol15/issue3/JEMI_Vol15_Issue3_2019_Article3.pdf |
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| _version_ | 1832543919098822656 |
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| author | Marco Pini |
| author_facet | Marco Pini |
| author_sort | Marco Pini |
| collection | DOAJ |
| description | This paper tests the impact of different types of management within family businesses on digital innovation related to Industry 4.0 investments, from a geographical perspective. The data set consists of 3,000 Italian manufacturing small- and medium–sized enterprises. Using probit models, the results show that while in the more advanced area (center-north) external management affects the propensity for innovation significantly, in the less developed area (Southern Italy) external management requires an additional and simultaneous investment in R&D to drive a firm’s innovation. This suggests that innovation policy should define incentives that also help enhance new management business models and take into account behavioral features of different firms in relation to the level of the development of the geographical areas in which they operate. |
| format | Article |
| id | doaj-art-5c2db7a1648a45398812f2da121c5ed5 |
| institution | Kabale University |
| issn | 2299-7326 |
| language | English |
| publishDate | 2019-01-01 |
| publisher | Cognitione Foundation for the Dissemination of Knowledge and Science |
| record_format | Article |
| series | Journal of Entrepreneurship, Management and Innovation |
| spelling | doaj-art-5c2db7a1648a45398812f2da121c5ed52025-02-03T11:20:25ZengCognitione Foundation for the Dissemination of Knowledge and ScienceJournal of Entrepreneurship, Management and Innovation2299-73262019-01-011537310210.7341/20191533Family management and Industry 4.0: Different effects in different geographical areas? An analysis of the less developed regions in ItalyMarco Pini0 Senior Economist, Unioncamere-Si.Camera, via Nerva, 1, 00199 Rome, Italy This paper tests the impact of different types of management within family businesses on digital innovation related to Industry 4.0 investments, from a geographical perspective. The data set consists of 3,000 Italian manufacturing small- and medium–sized enterprises. Using probit models, the results show that while in the more advanced area (center-north) external management affects the propensity for innovation significantly, in the less developed area (Southern Italy) external management requires an additional and simultaneous investment in R&D to drive a firm’s innovation. This suggests that innovation policy should define incentives that also help enhance new management business models and take into account behavioral features of different firms in relation to the level of the development of the geographical areas in which they operate.http://jemi.edu.pl/uploadedFiles/file/all-issues/vol15/issue3/JEMI_Vol15_Issue3_2019_Article3.pdffamily businessesIndustry 4.0manufacturingregions |
| spellingShingle | Marco Pini Family management and Industry 4.0: Different effects in different geographical areas? An analysis of the less developed regions in Italy Journal of Entrepreneurship, Management and Innovation family businesses Industry 4.0 manufacturing regions |
| title | Family management and Industry 4.0: Different effects in different geographical areas? An analysis of the less developed regions in Italy |
| title_full | Family management and Industry 4.0: Different effects in different geographical areas? An analysis of the less developed regions in Italy |
| title_fullStr | Family management and Industry 4.0: Different effects in different geographical areas? An analysis of the less developed regions in Italy |
| title_full_unstemmed | Family management and Industry 4.0: Different effects in different geographical areas? An analysis of the less developed regions in Italy |
| title_short | Family management and Industry 4.0: Different effects in different geographical areas? An analysis of the less developed regions in Italy |
| title_sort | family management and industry 4 0 different effects in different geographical areas an analysis of the less developed regions in italy |
| topic | family businesses Industry 4.0 manufacturing regions |
| url | http://jemi.edu.pl/uploadedFiles/file/all-issues/vol15/issue3/JEMI_Vol15_Issue3_2019_Article3.pdf |
| work_keys_str_mv | AT marcopini familymanagementandindustry40differenteffectsindifferentgeographicalareasananalysisofthelessdevelopedregionsinitaly |