Conclusions, Lessons Learned, and New Avenues for Further Research

Green innovation in the Latin American agri-food industry: understanding the influence of family involvement and business practices

“…It is estimated that 85% of the firms in Latin America are family-owned businesses generating more than 60% of Latin America's GDP and employing around 70% of the workforce (Parada et al , 2016). Second, the Latin American region is a developing economy with low institutional quality, with weak and in some countries, non-existent, institutions (Müller and Sandoval-Arzaga, 2021). To understand the influence of institutional pressures for green innovation, Latin America was ideal as it is a region with loose institutional regulations (Sawyer, 2011), thus creating an appropriate setting to evaluate whether firms are driven by internal or external stakeholders when they engage in green innovation initiatives.…”

“…Our findings contextualize research in settings not prevalent in mainstream literature and to explore salient dimensions of familiarity and business orientation in relation to green innovation. In doing so, we bring to light important family and business characteristics that drive or inhibit strategic business decisions in a context like Latin America as FB progress from generation to generation (M€ uller and Sandoval, 2021).…”

“…Family firms, which relate to businesses intertwining family involvement, business objectives and innovation, are the most widespread business form around the world (Melin et al. , 2013; Howorth and Robinson, 2020) and Latin America is no exception (Müller and Sandoval-Arzaga, 2021; Müller et al. , 2018; Nordqvist et al.…”

“…The current issue and full text archive of this journal is available on Emerald Insight at: https://www.emerald.com/insight/0007-070X.htm around the world (Melin et al, 2013;Howorth and Robinson, 2020) and Latin America is no exception (M€ uller and Sandoval-Arzaga, 2021;M€ uller et al, 2018;Nordqvist et al, 2011). In Latin America, family firms are the driving force in the agricultural landscape Roscoe et al, 2013).…”