This page has only limited features, please log in for full access.
By combining the resource-and capabilities-based view and agency theory, this paper offers a framework within which to examine the nature of dynamic capabilities in family firms, and how they are affected by the ownership, governance and management structures. We focus on technology-based innovation capabilities, differentiating between sensing, seizing and transforming capabilities. We expand the analysis of family involvement, defined as the family firm owner's ability to influence firm behavior, identifying three distinct structures that underpin decision-making power and control capacity in family firms: the capital structure, the governance and management structure of the business; and the governance structure of the family itself. The empirical research was carried out on a sample of 748 family firms from the Spanish tourism industry. We find that the effects of these dimensions of family involvement on dynamic capabilities are asymmetric. A concentrated ownership structure with a high degree of family control and a substantial share of family wealth committed to the business are shown to have a negative effect. The management structure is shown to be the key body for fostering the accumulation of dynamic capabilities, although a high level of family involvement in the top management team and having a family member as CEO represent major barriers to this process. On the other hand, the board of directors and its composition appear not to be relevant structural elements. The most powerful structural factor in facilitating the development of innovation capabilities is the existence of an effective family board and the implementation of family management instruments. These mechanisms help to mitigate the negative effects of a family-controlled ownership and management structure. The findings represent a significant contribution to the literature on family firms, innovation management and corporate governance.
César Camisón-Zornoza; Beatriz Forés-Julián; Alba Puig-Denia; Sergio Camisón-Haba. Effects of ownership structure and corporate and family governance on dynamic capabilities in family firms. International Entrepreneurship and Management Journal 2020, 16, 1393 -1426.
AMA StyleCésar Camisón-Zornoza, Beatriz Forés-Julián, Alba Puig-Denia, Sergio Camisón-Haba. Effects of ownership structure and corporate and family governance on dynamic capabilities in family firms. International Entrepreneurship and Management Journal. 2020; 16 (4):1393-1426.
Chicago/Turabian StyleCésar Camisón-Zornoza; Beatriz Forés-Julián; Alba Puig-Denia; Sergio Camisón-Haba. 2020. "Effects of ownership structure and corporate and family governance on dynamic capabilities in family firms." International Entrepreneurship and Management Journal 16, no. 4: 1393-1426.
César Camisón; Beatriz Forés; Montserrat Boronat-Navarro; Alba Puig-Denia. The effect of hotel chain affiliation on economic performance: The moderating role of tourist districts. International Journal of Hospitality Management 2020, 87, 1 .
AMA StyleCésar Camisón, Beatriz Forés, Montserrat Boronat-Navarro, Alba Puig-Denia. The effect of hotel chain affiliation on economic performance: The moderating role of tourist districts. International Journal of Hospitality Management. 2020; 87 ():1.
Chicago/Turabian StyleCésar Camisón; Beatriz Forés; Montserrat Boronat-Navarro; Alba Puig-Denia. 2020. "The effect of hotel chain affiliation on economic performance: The moderating role of tourist districts." International Journal of Hospitality Management 87, no. : 1.
This study draws on the natural resource-based view and the dynamic capabilities theory to analyse the effects of green technology, proactive environmental management and business strategy on environmental performance. This paper offers a novel analysis of the direct effect of the integrated use of green technology on environmental performance, considering a non-linear relationship between them, and how this impact can be leveraged through a formal proactive environmental planning, coordination and control system, and a defined business strategy. In order to test the research hypotheses, multiple linear regression was used on a sample of 446 Spanish tourism firms. The results confirm a non-linear relationship between green technology and environmental performance. They also indicate the importance of defining a clear, proactive environmental management and prospector strategy to achieve more efficient products/services, processes and technologies, with minimal environmental impact. This research also provides some insights into the moderating effect exerted by proactive environmental management in terms of strengthening the relationship between green technology and environmental performance. In addition, the analysis confirms that whereas defender strategies reduce the impact of green technology on environmental performance, analyser and prospector strategies enhance its influence. These results can be used to offer a series of guidelines for both private and public agents in the tourism sector.
Beatriz Forés. Beyond Gathering the ‘Low-Hanging Fruit’ of Green Technology for Improved Environmental Performance: an Empirical Examination of the Moderating Effects of Proactive Environmental Management and Business Strategies. Sustainability 2019, 11, 6299 .
AMA StyleBeatriz Forés. Beyond Gathering the ‘Low-Hanging Fruit’ of Green Technology for Improved Environmental Performance: an Empirical Examination of the Moderating Effects of Proactive Environmental Management and Business Strategies. Sustainability. 2019; 11 (22):6299.
Chicago/Turabian StyleBeatriz Forés. 2019. "Beyond Gathering the ‘Low-Hanging Fruit’ of Green Technology for Improved Environmental Performance: an Empirical Examination of the Moderating Effects of Proactive Environmental Management and Business Strategies." Sustainability 11, no. 22: 6299.
PurposeThe purpose of this paper is to enrich the explanation of the interplay between internal and external – or district shared – exploration and exploitation capabilities as antecedents of a firm’s radical and incremental innovation. Previous studies do not differentiate between exploration and exploitation in district shared capabilities and how they interact with internal capabilities.Design/methodology/approachThe paper uses hierarchical regression analysis to test the quadratic and moderating effects in a sample of 1,019 Spanish firms.FindingsResults show an increasingly positive effect on radical innovation of exploration capabilities, enhanced by shared capabilities in exploration. In the case of incremental innovation, the study finds evidence of an increasingly positive influence of exploitation capabilities and a concave relationship of exploration capabilities. Moreover, shared exploitation capabilities weaken the effect of internal exploitation capabilities and also have a direct effect on incremental innovation. Therefore, the two capabilities are interchangeable in the effect they have on incremental innovation.Practical implicationsDepending on the firm’s innovation strategy, intra-district firms should develop specific capabilities and/or concentrate on adopting the shared capabilities in the destination.Originality/valueThe study furthers the understanding of the relationship between exploration and radical innovation, and between exploitation and incremental innovation, which is more complex than previously depicted. The study also differentiates between exploration and exploitation in shared capabilities, enriching understanding of the competitiveness of district firms.
César Camisón; Montserrat Boronat-Navarro; Beatriz Forés. The interplay between firms’ internal and external capabilities in exploration and exploitation. Management Decision 2018, 56, 1559 -1580.
AMA StyleCésar Camisón, Montserrat Boronat-Navarro, Beatriz Forés. The interplay between firms’ internal and external capabilities in exploration and exploitation. Management Decision. 2018; 56 (7):1559-1580.
Chicago/Turabian StyleCésar Camisón; Montserrat Boronat-Navarro; Beatriz Forés. 2018. "The interplay between firms’ internal and external capabilities in exploration and exploitation." Management Decision 56, no. 7: 1559-1580.
The analysis of the keys to competitiveness in the tourism sector has an unquestionable justification for its importance in the Spanish economy and its global growth prospects. The need for a better understanding of the keys to the competitiveness of the tourism firm is also fuelled by the magnitude of the challenges that it faces and by the sector structure, characterised by a notable weight of family-owned businesses. The objective of this research lies precisely in developing a diagnosis of the return on capital of the tourism sector and the determinants of its evolution in the family business (FB) vs non-family business (NFB). Specifically, this study focuses on the analysis of both firm's economic and financial profitability. The objective indicators of the results can come either from the company itself or from two secondary sources: SABI (Iberian Balance Sheet Analysis System) and INFORMA D&B. The economic and financial analysis of the Spanish tourism firm with objective data developed in this study is based on a sample of 738 firms (from an initial sample of 1019 organisations)
César Camisón; Beatriz Forés; Alba Puig-Denia. Return on capital in Spanish tourism businesses: A comparative analysis of family vs non-family businesses. European Journal of Management and Business Economics 2016, 25, 91 -110.
AMA StyleCésar Camisón, Beatriz Forés, Alba Puig-Denia. Return on capital in Spanish tourism businesses: A comparative analysis of family vs non-family businesses. European Journal of Management and Business Economics. 2016; 25 (3):91-110.
Chicago/Turabian StyleCésar Camisón; Beatriz Forés; Alba Puig-Denia. 2016. "Return on capital in Spanish tourism businesses: A comparative analysis of family vs non-family businesses." European Journal of Management and Business Economics 25, no. 3: 91-110.
Based on the idea of the tourist destination as a cluster, this paper proposes a model to explain the relationships between exploration and exploitation capabilities – whether originating in the cluster or firm-specific – and a firm’s organizational innovation. This study turns to the resource-based view to provide a theory-based concept of shared capabilities accumulated in a tourist destination or cluster, together with valid measurement instruments to capture them. Our conceptual model highlights the theoretical and practical benefits for firms of being embedded in a cluster to develop both exploration and exploitation capabilities. The study also analyses the interaction between cluster-shared capabilities and firm-specific capabilities in exploration and exploitation to obtain two types of firm organizational innovation: radical and incremental. Some implications for managers and policy-makers are presented, highlighting the importance of tight integration in managing firm and cluster resources and capabilities
César Camisón; Beatriz Forés; Montserrat Boronat-Navarro. Cluster and firm-specific antecedents of organizational innovation. Current Issues in Tourism 2016, 20, 617 -646.
AMA StyleCésar Camisón, Beatriz Forés, Montserrat Boronat-Navarro. Cluster and firm-specific antecedents of organizational innovation. Current Issues in Tourism. 2016; 20 (6):617-646.
Chicago/Turabian StyleCésar Camisón; Beatriz Forés; Montserrat Boronat-Navarro. 2016. "Cluster and firm-specific antecedents of organizational innovation." Current Issues in Tourism 20, no. 6: 617-646.
While prior studies recognize the importance of knowledge accumulation capabilities in innovation performance, current research has still failed to empirically identify its role with regard to different types of innovation performance. The objective of this paper is to address this knowledge gap and to explore the relationships between internal knowledge creation and absorptive capabilities, and incremental and radical innovation performance. The study also contributes to analyzing the complex effect that organizational size has in the whole innovation process, influencing its antecedents (internal knowledge creation capability and absorptive capability) as well as its outputs (incremental and radical innovation performance), as the literature has produced inconsistent results and the issue is subject to continuing debate. This study demonstrates that incremental innovation performance is positively affected by both knowledge accumulation capabilities and size. However, results show that only absorptive capability has a positive direct effect on radical innovation performance, whereas size has a negative non-significant effect on it. The effect of size on knowledge accumulation capabilities also turns out to be mixed. It appears to increase internal knowledge creation capability, but it does not affect the absorption of new external knowledge.The authors gratefully acknowledge financial support from the National Plan for R&D of Spanish Ministry of Economy and Competitiveness (ref. ECO2009-12522)
Beatriz Forés; César Camisón. Does incremental and radical innovation performance depend on different types of knowledge accumulation capabilities and organizational size? Journal of Business Research 2016, 69, 831 -848.
AMA StyleBeatriz Forés, César Camisón. Does incremental and radical innovation performance depend on different types of knowledge accumulation capabilities and organizational size? Journal of Business Research. 2016; 69 (2):831-848.
Chicago/Turabian StyleBeatriz Forés; César Camisón. 2016. "Does incremental and radical innovation performance depend on different types of knowledge accumulation capabilities and organizational size?" Journal of Business Research 69, no. 2: 831-848.
This study draws on the Resource‐Based View to analyze the effects of distinctive competences in tourism firms and location in a tourism district on competitive position, and explores the moderating effects of the tourism destination. Multiple linear regression was used to test the research hypotheses on a sample of 1019 Spanish tourism firms. Results reveal that financial resources and dynamic and production capabilities favor a better competitive position for tourism firms in general; however, coordination and marketing capabilities are key factors for firms embedded in a tourism district, while dynamic capabilities have a negative effect in this case. Copyright © 2015 John Wiley & Sons, Ltd.
César Camisón; Alba Puig-Denia; Beatriz Forés; María Eugenia Fabra; Azahara Muñoz; César Muñoz Martínez. The Importance of Internal Resources and Capabilities and Destination Resources to Explain Firm Competitive Position in the Spanish Tourism Industry. International Journal of Tourism Research 2015, 18, 341 -356.
AMA StyleCésar Camisón, Alba Puig-Denia, Beatriz Forés, María Eugenia Fabra, Azahara Muñoz, César Muñoz Martínez. The Importance of Internal Resources and Capabilities and Destination Resources to Explain Firm Competitive Position in the Spanish Tourism Industry. International Journal of Tourism Research. 2015; 18 (4):341-356.
Chicago/Turabian StyleCésar Camisón; Alba Puig-Denia; Beatriz Forés; María Eugenia Fabra; Azahara Muñoz; César Muñoz Martínez. 2015. "The Importance of Internal Resources and Capabilities and Destination Resources to Explain Firm Competitive Position in the Spanish Tourism Industry." International Journal of Tourism Research 18, no. 4: 341-356.
The quest to understand the multilevel antecedents of competitiveness has led to a separation of approaches. On one side of the question are the environment theories that analyze the structural characteristics of the general and competitive environment. On the other side are the Resource Based View and its extensions that highlight firm-specific resources and capabilities as the main basis of firms' competitiveness. However, in recent years the nature of competition and shifting economic conditions have given rise to new theoretical approaches that complement the assumptions underlying both environmental and firm theories. Specifically, this study contributes by examining the regional environment effect, the district effect and the strategic group effect. Through a study of 364 Spanish tourism firms, this research explores the relative importance of distinct external forces such as the general environment or country effect, the regional effect, the competitive environment or industry effect, the district effect, and internal factors such as the firm's tangible resources, capabilities and strategy selection. The results demonstrate that firms' capabilities are more important than environment effects and tangible resources
César Camisón; Beatriz Forés. Is tourism firm competitiveness driven by different internal or external specific factors?: New empirical evidence from Spain. Tourism Management 2015, 48, 477 -499.
AMA StyleCésar Camisón, Beatriz Forés. Is tourism firm competitiveness driven by different internal or external specific factors?: New empirical evidence from Spain. Tourism Management. 2015; 48 ():477-499.
Chicago/Turabian StyleCésar Camisón; Beatriz Forés. 2015. "Is tourism firm competitiveness driven by different internal or external specific factors?: New empirical evidence from Spain." Tourism Management 48, no. : 477-499.
This paper takes a cross-level approach in contributing to defining the competences accumulated and shared in an industrial district, and to explaining how they differ from firm-specific, knowledge-based capacities. From a dataset of 952 Spanish firms and 35 industrial districts, we provide empirical evidence that industrial districts are spaces with dense networks of information and knowledge transfer, inter-personnel relationships and a strong specialised stock of human capital, which are accessible and shared by all firms embedded in such a district. However, we explain the complementarity between district and firm-specific capacities in order to develop the notion of absorptivecapacity, by indicating that the diffusion of shared competences is neither easy nor direct and that it requires a firm's internal learning effort to better absorb localised knowledge spillovers. Results enable us to shed new light on how firms’ knowledge creation and diffusion processes benefit from these external knowledge flows
César Camisón; Beatriz Forés. Knowledge creation and absorptive capacity: The effect of intra-district shared competences. Scandinavian Journal of Management 2011, 27, 66 -86.
AMA StyleCésar Camisón, Beatriz Forés. Knowledge creation and absorptive capacity: The effect of intra-district shared competences. Scandinavian Journal of Management. 2011; 27 (1):66-86.
Chicago/Turabian StyleCésar Camisón; Beatriz Forés. 2011. "Knowledge creation and absorptive capacity: The effect of intra-district shared competences." Scandinavian Journal of Management 27, no. 1: 66-86.
Organisations are finding it increasingly more difficult to keep abreast with the pace of change. The continuous rise in the number of business opportunities and the increase in global competition require firms to combine internal and external learning processes to renew and reconfigure existing capabilities and knowledge to enable them to meet environmental demands and to innovate. This study aims to unravel the complex linkage between internal learning capacity and absorptive capacity and at exploring the joint effect of both knowledge generation processes on innovation capacity. This study also proposes innovation capacity as an antecedent of business performance. Using data from 952 industrial Spanish firms and the technique of structural equation modelling, we provide evidence on the joint effect of internal learning capacity and absorptive capacity on innovation capacity. We also show that innovation capacity acts as a catalyst for the effect of learning capacities on business performance.
Beatriz Forés; Cesar Camison. The complementary effect of internal learning capacity and absorptive capacity on performance: the mediating role of innovation capacity. International Journal of Technology Management 2011, 55, 56 -81.
AMA StyleBeatriz Forés, Cesar Camison. The complementary effect of internal learning capacity and absorptive capacity on performance: the mediating role of innovation capacity. International Journal of Technology Management. 2011; 55 (1/2):56-81.
Chicago/Turabian StyleBeatriz Forés; Cesar Camison. 2011. "The complementary effect of internal learning capacity and absorptive capacity on performance: the mediating role of innovation capacity." International Journal of Technology Management 55, no. 1/2: 56-81.
The processes for absorbing external knowledge become an essential element for innovation in firms and in adapting to changes in the competitive environment. Despite the huge growth in the absorptive capacity literature, a methodological gap still remains about a certain ambiguity in the definition of the construct specifying its theoretical domain and dimensionalization, and a lack of validation of the construct in most studies. The aim of this paper is to contribute to the literature on absorptive capacity through the creation and validation of two scales, justified with a thorough analysis of the literature, to measure the key components of the absorptive capacity construct: potential and realized absorptive capacities. The study includes confirmatory factor analysis on a sample of 952 Spanish firms to verify that the scales meet the psychometric properties the literature requires. The study results confirm the validity of the proposed scales and support their consolidation as a commonly used instrument with which to measure absorptive capacity.
César Camisón; Beatriz Forés. Knowledge absorptive capacity: New insights for its conceptualization and measurement. Journal of Business Research 2010, 63, 707 -715.
AMA StyleCésar Camisón, Beatriz Forés. Knowledge absorptive capacity: New insights for its conceptualization and measurement. Journal of Business Research. 2010; 63 (7):707-715.
Chicago/Turabian StyleCésar Camisón; Beatriz Forés. 2010. "Knowledge absorptive capacity: New insights for its conceptualization and measurement." Journal of Business Research 63, no. 7: 707-715.
Pese a la importancia que la calidad tiene como variable estratégica, sus efectos sobre los resultados organizativos no están exentos de controversia. La Literatura reporta evidencias empíricas poco concluyentes, siendo todavía más inconclusas cuando se analizan sus efectos desde una perspectiva interna o vía procesos. Este estudio aporta evidencia empírica novedosa a este debate examinando la influencia de la calidad de conformidad sobre los resultados de la empresa, operativizados por el coste medio total de la empresa. El modelo propuesto analiza los efectos de la calidad de conformidad sobre los costes de no calidad, discriminando entre los derivados de fallos externos e internos. Con este propósito, se han desarrollado diversos instrumentos de medida que permiten capturar la complejidad de los constructos calidad de conformidad, fallos de calidad y costes de no calidad. La aplicación empírica se ha basado en el estudio de 82 establecimientos hoteleros españoles.
César Camisón; Beatriz Forés; Alba Puig-Denia. Impacto de la calidad de conformidad sobre los resultados a través de un análisis de los costes de no calidad: un estudio empírico en la industria hotelera. Spanish Journal of Finance and Accounting / Revista Española de Financiación y Contabilidad 2010, 39, 711 -734.
AMA StyleCésar Camisón, Beatriz Forés, Alba Puig-Denia. Impacto de la calidad de conformidad sobre los resultados a través de un análisis de los costes de no calidad: un estudio empírico en la industria hotelera. Spanish Journal of Finance and Accounting / Revista Española de Financiación y Contabilidad. 2010; 39 (148):711-734.
Chicago/Turabian StyleCésar Camisón; Beatriz Forés; Alba Puig-Denia. 2010. "Impacto de la calidad de conformidad sobre los resultados a través de un análisis de los costes de no calidad: un estudio empírico en la industria hotelera." Spanish Journal of Finance and Accounting / Revista Española de Financiación y Contabilidad 39, no. 148: 711-734.