Purpose: This study sheds light on a hitherto understudied group in family business literature: widows. We explore the roles a widow may take following the unexpected death of her owner-manager spouse when she had no salient role in the business prior to the death. ...

<title/> The pecking order theory states that firms choose financing in the following order: internal finance-debt-equity. However, most of the research has been conducted on larger (publicly-listed) firms. This article presents a unique empirical material on the financing of high technology small firms...

The focus of this article is on product innovations introduced by firms (establishments) and the collaborations they enter into with other firms and organizations in carrying out this activity. The theoretical framework combines innovation theories with the literature on regional innovation...

The influence of various neo-institutional and neo-classical theories has caused modern research in financial history to focus on the organization of bank-firm relationships. The relationship between a given bank and a given firm has been viewed in terms of a series of explicit contracts that...