The Origins of the Firm: Theoretical Insights and Empirical Evidence from Italian SMEs - A Preliminary Study
Anno:
2025
Tipologia prodotto:
Contributo in atti di convegno
Tipologia ANVUR:
Contributo in Atti di convegno
Lingua:
Inglese
Formato:
Elettronico
Titolo del Convegno:
Proceedings of IAC 2025 in Prague
Luogo:
Prague
Periodo:
25-26 April 2025
Casa editrice:
Czech Institute of Academic Education z.s.
ISBN:
978-80-88203-42-1
Intervallo pagine:
39-47
Parole chiave:
new business birth, theory of Planned behaviour, SMEs, entrepreunerial orientation 1.
Breve descrizione dei contenuti:
This paper explores the fundamental question of why firms exist by examining the theoretical and psychological drivers behind
their emergence. Building on the foundational insights from behavioral and entrepreneurial perspectives, particularly the Theory
of Planned Behavior and the Theory of Entrepreneurial Orientation, the paper also reviews alternative theoretical explanations
from Ronald Coase’s Theory of Transaction Costs to Property Rights Theory, Resource-based View, and Evolutionary
Economics. Using a quantitative methodology based on a sample of 111 Italian small and medium-sized enterprises (SMEs), this
study empirically explores the underlying motivations behind firm creation. Partial Least Squares Structural Equation Modeling
(PLS-SEM) was employed to test the theoretical relationships. The findings indicate that attitude and subjective norms
significantly influence the intention to establish a firm, whereas resource-based capabilities and perceived behavioral control
little or no substantial effect. Through historical examples, theoretical frameworks, and empirical testing, the article concludes
that firms emerge not only as efficient solutions to coordination problems but also as institutional responses to social,
psychological, and entrepreneurial stimuli.
Id prodotto:
146454
Handle IRIS:
11562/1165454
ultima modifica:
22 giugno 2025
Citazione bibliografica:
Roffia, Paolo,
The Origins of the Firm: Theoretical Insights and Empirical Evidence from Italian SMEs - A Preliminary Study in Proceedings of IAC 2025 in Prague
, Czech Institute of Academic Education z.s.
, Atti di "Proceedings of IAC 2025 in Prague"
, Prague
, 25-26 April 2025
, 2025
, pp. 39-47