Green patenting and corporate social responsibility: Does family involvement in business matter?

Aiello, Francesco; Cardamone, Paola; Mannarino, Lidia; Pupo, Valeria

doi:10.1002/csr.2146

Cited by 27 publications

(30 citation statements)

References 89 publications

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“…On the other hand, family involvement may be detrimental to eco‐innovation, as family firms avoid paradigmatic shifts in using existing assets owing to their affiliation and potential for dilution of their control if investments in new technology must be made (Bendell, 2022). The SEW consideration believes that families are more risk‐averse because innovative processes may compromise family control and thus mitigate SEW; hence, potential family interaction with external stakeholders may compromise the family's control (Aiello et al, 2021). For example, eco‐innovation poses huge risks that require substantial external help (e.g.…”

Section: Theoretical Background and Hypothesesmentioning

confidence: 99%

“…To ensure the success of eco-innovation processes, the family may waive some of their authority and thus compromise SEW (Tan et al, 2021). Empirical evidence supports the negative impact of family involvement on ecoinnovation (Aiello et al, 2021;Tan et al, 2021).…”

Section: Theoretical Background and Hypothesesmentioning

confidence: 99%

“…This research stream showed that family firms can regard investments in environmental technology as a potential source of loss. Thus, paradigmatic shifts in the use of existing assets can be avoided owing to their affiliation to them and the potential for dilution of their control if investments in new technology are required (Aiello et al, 2021; Tan et al, 2021). On the other hand, evidence also showed that SEW supports non‐economic targets such as eco‐innovation that protect against risks to a family's reputation (Bammens & Hünermund, 2020; Berrone et al, 2010).…”

Section: Introductionmentioning

confidence: 99%

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What to green: Family involvement and different types of eco‐innovation

2022

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Research on the relationship between family involvement and eco-innovation presents conflicting results. To address this issue, this study explores the role of family involvement in eco-innovation by dividing it into pollution prevention and cleaner production types. We propose that family involvement positively relates to pollution prevention eco-innovation, but negatively relates to cleaner production eco-innovation. Moreover, we explore the boundary conditions of the proposed relationships.We also contend that internal social capital positively moderates the relationship between family involvement and eco-innovation in both types of eco-innovation, while external social capital exhibits positive and negative moderating impacts on pollution prevention and cleaner production, respectively. Data from Chinese listed firms from 2007 to 2019 support these arguments. This study adds to the family business research and eco-innovation literature by providing a more comprehensive view of the role of family engagement in eco-innovation.

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Section: Theoretical Background and Hypothesesmentioning

confidence: 99%

Section: Theoretical Background and Hypothesesmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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What to green: Family involvement and different types of eco‐innovation

2022

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“…, 2009). More recently, Aiello et al. (2021) argue that FB are less likely than non-FB to implement green innovations and conclude that the role of family participation in green innovation may be more influential than previously believed.…”

Section: Introductionmentioning

confidence: 99%

“…First, despite growing attention to the study of green innovation, research comparing family and non-FB has often presented contrasting findings (Doluca et al, 2018;Huang et al, 2009;Aiello et al, 2021). Doluca et al (2018) looked into the environmental behavior of family firms in comparison with their non-family counterparts, highlighting that family companies initially show a conservative and less proactive behavior, but over time, the behavior between family and non-FB converges.…”

mentioning

confidence: 99%

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

Müller

Canale

Cruz

2022

BFJ

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PurposeOver the past few years, several scholars have focused on green innovation in the agri-food industry. In line with this research stream, the purpose of this paper is to cover some unexplored areas regarding if stakeholder pressures have a positive influence on family engagement to implement green innovation practices and socially responsible practices.Design/methodology/approachBy adopting a qualitative research methodology, mainly based on a multiple case study, this paper seeks to cover some unexplored areas regarding the understanding the relationship between stakeholders, family involvement and business practices in green innovation. The authors analyze eight cases from five Latin American countries selected, all are family firms focused on agricultural production.FindingsLatin American family firms from agri-food industry, have a positive influence from internal/external stakeholder to implement green innovation initiatives and socially responsible practices, that result in short/long term business practices.Originality/valueThe originality of the proposed conceptual model stems from the need to overcome the previous theoretical models based on the stakeholder theory, which deals separately with internal/external influence over the firm.

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Common institutional ownership and green innovation in family businesses: Evidence from China

Ding

2023

Bus Strat Dev

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Given the ubiquity of family businesses and the growing importance of ecological sustainability, it is crucial to promote family businesses to carry out green innovation activities and enhance their green innovation capability. In recent years, the prevalence of common institutional ownership in capital markets has attracted the attention of the academic community. Drawing on socioemotional wealth theory and strategic reference point theory, this paper tries to explore the impact of common institutional ownership on green innovation in family businesses. Using data from Chinese‐listed family businesses from 2009 to 2021, this paper finds that common institutional ownership can facilitate green innovation in family businesses. The higher the degree of their linkage and the greater the shareholding, the more pronounced the synergistic effect. The findings remained valid after considering the endogeneity issue and conducting robustness tests. The mechanism test suggests that common institutional ownership enhances green innovation in family businesses by improving the internal control quality and reducing financing constraints. This paper contributes to the study of how to effectively facilitate green innovation in family businesses by identifying the common institutional ownership from the perspective of external governance mechanisms. In addition, this paper enriches the research on the economic consequences of common institutional ownership. Finally, various practical implications for family businesses and policymakers may be realized, which may help family businesses to enhance their green innovation capabilities and contribute to the green transformation of society.

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Green patenting and corporate social responsibility: Does family involvement in business matter?

Cited by 27 publications

References 89 publications

What to green: Family involvement and different types of eco‐innovation

What to green: Family involvement and different types of eco‐innovation

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

Common institutional ownership and green innovation in family businesses: Evidence from China

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