{"title":"Family firms, Regional Competitiveness and Productivity: A Multilevel Approach","authors":"Stefano Amato, R. Basco, F. Ricotta","doi":"10.1080/08985626.2023.2216181","DOIUrl":null,"url":null,"abstract":"ABSTRACT As not all firms benefit to the same extent from regional competitiveness, this article investigates the influence of the regional context on the productivity of a sample of family and non-family manufacturing firms in Spain. Using a multilevel approach to account for the nested structure of the data, and a composite indicator of regional competitiveness, to capture the spatial endowment of tangible and intangible resources, we found family firms to be more sensitive to the regional context than non-family businesses. Cross-level interactions show that family firms achieve higher productivity gains from their location in more competitive regions than their non-family counterparts. This result is in line with our theoretical arguments postulating the unique social capital of family firms which allows them to benefit most from location advantages. Implications for regional and family business studies, as well as policymakers, are discussed.","PeriodicalId":54210,"journal":{"name":"Entrepreneurship and Regional Development","volume":"6 1","pages":"666 - 694"},"PeriodicalIF":3.3000,"publicationDate":"2023-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Entrepreneurship and Regional Development","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1080/08985626.2023.2216181","RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 1
Abstract
ABSTRACT As not all firms benefit to the same extent from regional competitiveness, this article investigates the influence of the regional context on the productivity of a sample of family and non-family manufacturing firms in Spain. Using a multilevel approach to account for the nested structure of the data, and a composite indicator of regional competitiveness, to capture the spatial endowment of tangible and intangible resources, we found family firms to be more sensitive to the regional context than non-family businesses. Cross-level interactions show that family firms achieve higher productivity gains from their location in more competitive regions than their non-family counterparts. This result is in line with our theoretical arguments postulating the unique social capital of family firms which allows them to benefit most from location advantages. Implications for regional and family business studies, as well as policymakers, are discussed.
期刊介绍：
Entrepreneurship and Regional Development is unique in that it addresses the central factors in economic development - entrepreneurial vitality and innovation - as local and regional phenomena. It provides a multi-disciplinary forum for researchers and practitioners in the field of entrepreneurship and small firm development and for those studying and developing the local and regional context in which entrepreneurs emerge, innovate and establish the new economic activities which drive economic growth and create new economic wealth and employment. The Journal focuses on the diverse and complex characteristics of local and regional economies which lead to entrepreneurial vitality and endow the large and small firms within them with international competitiveness.
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