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Pension Funds’ Long Term Investment: A Huge Potential Demand. Interview with Mr. Raffaele Della Croce, Lead Manager, Long-term Investment Project, OECD
Looking back at the past few years, the spectrum of possible interested investors in infrastructure is now much broader. Can you please provide an overview of the different channels to infrastructure investments available to the private sector? Infrastructure can be financed using different capital channels. The evolution of the capital markets shows that financial innovation develops new financial ...
The Cognitive and Neuropsychological Foundations of Strategic Decision-Making
My research seeks to uncover the cognitive and neuropsychological foundations of strategy. I take an attention modulation perspective to understand how decision making processes differ among managers and innovative entrepreneurs. Attention has been recognized as being the chief bottleneck in organizational activity (Simon 1971). I have always found puzzling how different organizational leaders ...
The double-edged sword of experience in strategic decisions. Evidence from the private equity sector
Research objective The overarching objective of my research is to contribute to our understanding of the positive and negative experiential learning factors linked to the development of organizational capabilities in strategic tasks. Experience is both an opportunity and a restriction – a resource and an obstacle for change, a space to explore and a prison. To gain insights into the puzzling ...
Chance or Necessity? Exploring the determinants of technological breakthroughs
Introduction I would like to wholeheartedly thank the members of my committee – i.e. Alfonso Gambardella, Andrew A. King, and Gianmario Verona – for their advice, guidance, and support along the PhD years and in the development of my dissertation. This work greatly benefited from insightful interactions with Wilbur Chung, Paola Cillo, Elena Dalpiaz, Emmanuelle Fauchart, Jennifer Jordan, Adam Kleinbaum, ...
Market driving strategies
Ever since market orientation was conceptualized and provided managers with a framework for managing sustainable competitive advantage (Kumar, Jones, Vankatesan, Leone 2011), firms have increasingly been recognizing customers as kings, focusing on satisfying their needs, and asserted customer centricity as their key value. This narrow understanding of the marketing concept led firms to struggle in ...
Knowledge, Innovation, and Social Norms in Creative Industries
Introduction I would like to wholeheartedly thank the members of my committee – i.e. Alfonso Gambardella, Andrew A. King, and Gianmario Verona – for their advice, guidance, and support along the PhD years and in the development of my dissertation. This work greatly benefited from insightful interactions with Wilbur Chung, Paola Cillo, Elena Dalpiaz, Emmanuelle Fauchart, Jennifer Jordan, Adam Kleinbaum, ...
1998-2007: Great Transformations at the Turn of the Millennium
This second article in the miniseries dedicated to the thirty years of Economia e Management concentrates on the decade from 1998 to 2007. This is the decade in which, on March 19, 2004, the founder and first editor of this magazine, Claudio Dematté, died before his time. His successor was Vincenzo Perrone (already the Deputy Editor since 1989), who would remain in his position until 2013. So in ...
Non-Financial Reporting; Much More than an Obligation
More than two years have passed since the entry into force of Legislative Decree 254/2016, which made it mandatory for “public interest entities” with over 500 employees and a balance sheet exceeding 20 million euros – or total net revenues from sales or other services exceeding 40 million euros – to present an individual non-financial declaration for each accounting period. From the first ...
How a Family Business Grows
A rather deep-rooted prejudice is that a family business goes hand-in-hand with a small-sized business. In actual fact, in the last ten years in Italy, the incidence of family businesses out of total companies exceeding 50 million euros of turnover has increased, in terms of both turnover and employees. Obviously, not all family businesses are the same. According to the tenth edition of the AUB report ...
Selling More and Better with Digital Resources
The digital revolution has affected all aspects of business life in recent years. Sales functions are among those affected by these deep changes, and companies have found themselves facing new challenges linked to different phases of their activities. Given the scope of the changes underway, the Commercial Excellence Lab of SDA Bocconi School of Management decided to conduct a study to understand ...