Tiivistelmä: Julkaisussa raportoidaan neljästä peräkkäisinä vuosina yrityksille suunnatusta kysel... more Tiivistelmä: Julkaisussa raportoidaan neljästä peräkkäisinä vuosina yrityksille suunnatusta kyselytutkimuksesta saatuja tuloksia. Kyselyjen tarkoituksena on ollut selvittää yritysten odotuksia ja niiden mielipiteitä niiden toimintaympäristön muutoksesta ja julkisen vallan toiminnasta. Tulosten mukaan yrittäjyyttä eniten haittaavia tekijöitä ovat työvoiman kalleus, verotus ja byrokratia. Verotuksen arvioidaan jatkuvasti muuttuneen huonompaan suuntaan ja työvoiman kallistuneen. Vuoden 2005 tuloksissa arvioidaan myös ammattitaitoisen työvoiman saatavuuden heikentyneen selvästi. Samanaikaisesti yritykset suhtautuvat myönteisesti omiin kasvunäkymiinsä. Huomattava osa yrityksistä ei tunne hallituksen yrittäjyyden politiikkaohjelmaa eikä TE-keskusten toimintaa. Yrittäjyysasenteiden katsotaan muuttuneen hieman parempaan suuntaan.
All in-text references underlined in blue are linked to publications on ResearchGate, letting you... more All in-text references underlined in blue are linked to publications on ResearchGate, letting you access and read them immediately.
The objective of this case-based study is to understand how the dyadic interaction between the ke... more The objective of this case-based study is to understand how the dyadic interaction between the key governance actors can influence the decision-making aimed at directing and controlling a family firm. The study provides evidence that dyadic interaction at the back stage of the formal governance process can offer a privileged position for the family firm owners who serve on the board, and the non-family member Chair of the Board, to influence decision-making before, after and between board meetings. The cases studied suggest that dyadic interactions can serve as preparation for formal board processes and complement and clarify them, yet they also have the potential to conflict with them. Dyadic interaction is also shown to offer important relational and emotional benefits that may not necessarily be achieved through larger group interaction. The findings suggest that although the actors can self-regulate their behaviour through informal rules, the rules may imperfectly address one ri...
This chapter highlights the phenomenon of family business groups as a research target and present... more This chapter highlights the phenomenon of family business groups as a research target and presents the vision for the book. The role of family business groups in different economies is a main reason for the need to understand the emergence and development of family business groups. Partly due to the invisibility of the family business group—the current business group—the entrepreneurship and family business literature have largely neglected the topic. So this chapter raises a set of questions as targets for research on the family business group. The remainder of the chapter covers all of the book’s chapters and their perspectives on the phenomenon of the family business group.
Systemic innovation in complex business portfolios - a case study
International Journal of Business Innovation and Research, 2016
This paper presents the interaction of different systemic elements in innovation activities in co... more This paper presents the interaction of different systemic elements in innovation activities in complex business portfolios. The interaction of innovation and portfolio transformation is highlighted based on two empirical case studies. Systemic challenges with different drivers and external impacts are presented. The managerial implication is to focus on dynamism present in continuous change. This study contributes to innovation and portfolio business literature by creating a linkage between the two fields of study and by making the multiple interlinked systems visible. This paper extends the innovation discussion towards portfolio businesses.
A framework for a network-level performance measurement system in SME networks
International Journal of Networking and Virtual Organisations, 2008
The present study aims to present a theoretical framework for a network-level performance measure... more The present study aims to present a theoretical framework for a network-level performance measurement system. The suggested framework for the performance measurement system is composed of the factors that enable and cause the productivity and profitability of the network form of organisation. The framework developed in this study can be divided into six subdimensions:(1) network culture,(2) resources and competences,(3) models of action,(4) internal processes,(5) customer perspective and (6) financial indicators of the network. We ...
... Tomi Salonsaari for carrying out the editing and coding of the international empirical data);... more ... Tomi Salonsaari for carrying out the editing and coding of the international empirical data); Joan Keegan & Aidan O'Connor, Dublin Institute of Technology, Ireland; Henrik Barth & Håkan Ylienpää, Luleå University of Technology, Sweden. ... Stockholm School of Economics (diss.). ...
Absorptive Capacity and Social Capital in Regional Innovation Systems: The Case of the Lahti Region in Finland
Urban Studies, 2009
The recent theories of innovation suggest that there is great potential for innovation in the str... more The recent theories of innovation suggest that there is great potential for innovation in the structural holes and weak links of the innovation system. Higher absorptive capacity enables an easier crossing over of structural holes in the innovation system, aided by social capital that is located in the social relationships of actors. However, the level of human and social interaction in regional innovation systems has been largely neglected as a research topic. Empirical research on a sample in the Lahti region in Finland suggested three forms of social capital: organisational bonding social capital, regional bridging social capital and personal creative social capital. Further analysis revealed three groups of actors’ interaction behaviour: Missionaries, House Mice and the Passive Resistance.
International Journal of Entrepreneurial Venturing, 2010
In this paper, we study family business portfolios and illustrate ownership that connects family ... more In this paper, we study family business portfolios and illustrate ownership that connects family and business systems. Traditional family business research has assumed the one family/one business concept to be the main model. This study builds on the ideas of modern portfolio theory and behavioural finance theory and suggests that the portfolio evaluation criteria of risk and return coexist with the basic family-based evaluation criteria of obligation, securing succession, or family unity. This longitudinal case study and case analysis suggest that the family can be seen as a viable governor for the business portfolio and that the family portfolio development can be characterised by the complex set of portfolio evaluation criteria, including the needs of the individual family members to the contingent needs of the distinct businesses. The paper concludes with a redefined collection of portfolio management criteria identified and suggestions for further research on the subject.
Family Business System Models – A Case Study and Some Implications of Open Systems Perspective
Journal of Small Business & Entrepreneurship, 2012
ABSTRACT This paper seeks to build an insight to the systemic models of family business from the ... more ABSTRACT This paper seeks to build an insight to the systemic models of family business from the closed-open systems perspective. We focus on family business system models, on the characteristics of open systems, and on the subsystems content of family system and ownership system in the family business context. The contemporary research on family business system models suggests that an open-systems approach is particularly useful in combining various elements of a family business together. This paper presents a longitudinal case study of a family business portfolio specializing in flowers. We conclude with notions of open system perspective on family business system models; and we suggest that the open system perspective brings new insight into the concept of family business, and it has important methodological implications to family business research.
International Journal of Urban and Regional Research, 2007
A shift in the techno-economic paradigm will affect regions; regions, however, are path-dependent... more A shift in the techno-economic paradigm will affect regions; regions, however, are path-dependent units. This path-dependency often leads to considerable socio-institutional inertia in the process of transformation whereby regions aim to remain competitive in the face of worldwide competition. The present article assesses the role of the dynamic capabilities of social capital in the process of regional adaptation. A survey conducted in the Lahti urban region in Finland is used as empirical data. The results of the survey reveal the respondents' fairly good awareness of the prevailing techno-economic paradigm and of the strong socio-institutional inertia confronting change in practice. The results suggest, however, that there are systematic differences in responsiveness between local politicians and other decision-makers. The study concludes with a discussion of the relevance of shared common views on the development needed within the region.
University Researchers as Promoters of Sme Networking
The main objective of this research paper is to find out how academic researchers can utilize the... more The main objective of this research paper is to find out how academic researchers can utilize their expertise in promoting SME networking. This research paper summarizes the findings of the networking project financed by the European Social Foundation (ESF) and the Finnish Ministry of Labour. The project was implemented in 1995-1998 by the University of Vaasa in Finland. The point of departure in this action research project was, on the one hand, the growing interest of SMEs for different networking models and, on the other hand, the university researchers' networking-related experiences and expertise that they wanted to offer to entrepreneurs. The purpose of the project was to develop an interactive networking process between researchers and entrepreneurs and, thereby promote different cooperative ventures, which were in different phases of development. The interventions made by researchers have focused on three levels: attitudinal, cognitive and operative level. The attitudin...
A Family Dimension in Sme Owner-Managers’ Ownership Profiles – a Psychological Ownership Perspective
This paper introduces a contextual model of ownership that consists of social, action and object ... more This paper introduces a contextual model of ownership that consists of social, action and object dimensions. We build on business ownership and family business literatures as well as that of the psychology of ownership to analyze small business owner-managers ’ ownership profiles. In the empirical section we show that distinct ownership profiles can be identified and that those owner-managers who view their business as a family business have distinct profiles from those of non-family business owners. Our analysis shows that family business profiles include care-taking, stewardship and continuity as well as a perception of the company as a tool for achieving other valuable things in the world outside the www.jyu.fi/econ/ejfbs
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Papers by Timo Pihkala