Strategic renewal through knowledge integration in family firms: an application of the 4I model

Andrea Lionzo, Francesca Rossignoli

Risultato della ricerca: Contributo in libroContributo a convegno

Abstract

Family firms, characterized by fervent entrepreneurial activity, provide a new avenue for examining strategic renewal. Despite strategic renewal’s recognition as a response to environmental changes in all firms, few researchers have investigated this process with family firms. This paper attempts to fill that gap by using the Crossan’s 4I model to examine knowledge integration in family firms. We analyzed three case studies which demonstrated the unique characteristics of strategic renewal in family firms: first, the entrepreneur’s role in starting and feeding the process through knowledge integration; second, the specificities of the process and the junction of some of its phases. This paper extends the Crossan’s 4I model to family firms and highlights particularities of each process phase; it also identifies factors that allow entrepreneur(s), family members and staff to implement successful strategic renewal. The paper has implications for current theory as well as entrepreneurial practices.
Lingua originaleEnglish
Titolo della pubblicazione ospiteGoverning Strategy and Knowledge: Tools and Methodologies - 1st "Journal of Management and Governance" Conference
Pagine1-36
Numero di pagine36
Stato di pubblicazionePubblicato - 2009
EventoGoverning Strategy and Knowledge: Tools and Methodologies - 1st "Journal of Management and Governance" Conference - Venice
Durata: 9 ott 20099 ott 2009

Convegno

ConvegnoGoverning Strategy and Knowledge: Tools and Methodologies - 1st "Journal of Management and Governance" Conference
CittàVenice
Periodo9/10/099/10/09

Keywords

  • Strategic renewal
  • family firms
  • knowledge integration
  • organizational learning

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