How does family involvement affect innovation in China?

Qiang, Liang; Li, Xinchun; Yang, Xueru; Lin, Dan-Dan; Zheng, Danhui

doi:10.1007/s10490-012-9320-x

Cited by 76 publications

(61 citation statements)

References 42 publications

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“…Starting from the idea that what matters in the innovation process is the type of family involvement, not the involvement per se, Liang et al . () observe that the presence of family members on the board of directors tends to enhance the positive relationship between R&D investment and innovation performance, while family involvement in the TMT limits knowledge creation and sharing. Tsao et al .…”

Section: An Integrative View Of Ff Innovationmentioning

confidence: 99%

Innovation in Family Firms: A Systematic Literature Review and Guidance for Future Research

Calabrò

Vecchiarini

Gast³

et al. 2018

Int J Management Reviews

364

372

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Through a systematic review of 118 peer-reviewed journal articles published between 1961 and 2017, this article provides an integrative picture of the state of the art of the family firm innovation literature. Our aim is to widen existing understanding of innovation in family firms by building a theoretical bridge with studies in the mainstream innovation literature. Specifically, in identifying the main gaps in the literature and providing future research directions, our critical and dynamic picture of family-specific determinants of innovation is intended to advance the debate on innovation in general, and family firms in particular.

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Section: An Integrative View Of Ff Innovationmentioning

confidence: 99%

Innovation in Family Firms: A Systematic Literature Review and Guidance for Future Research

Calabrò

Vecchiarini

Gast³

et al. 2018

Int J Management Reviews

364

372

View full text Add to dashboard Cite

show abstract

“…Family firm research extends agency theory to new contexts, such as emerging economies (Choi et al, 2012), market institutions (Luo & Chung, 2013), and international business (H. L. . New performance outcomes within family firms have also been investigated through an agency theory lens, such as investment and dividend decisions (Asaba, 2013;Kuo & Hung, 2012;Pindado, Requejo, & Torre, 2012), firm-level innovation and risk taking Liang et al, 2013;Zahra, 2005), and bankruptcy avoidance (De Maere et al, 2014).…”

Section: Governance Of Family Firmsmentioning

confidence: 99%

Viewing Family Firm Behavior and Governance Through the Lens of Agency and Stewardship Theories

Madison

Holt

Kellermanns

et al. 2015

Family Business Review

248

293

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Agency and stewardship theories are prominent perspectives to examine myriad issues within family firms. Although considered opposing theories, both address the same phenomena: the individual-level behaviors and firm-level governance mechanisms that predict organizational outcomes. Accordingly, we review and synthesize these theories concurrently, using the concepts of behavior and governance as our organizing framework. Our review encompasses 107 family firm articles grounded in agency and/or stewardship theory, published between 2000 and 2014 in 24 journals across several disciplines. Additionally, we identify future research areas that provide scholars opportunities to push theoretical boundaries and offer further insights into the family firm.

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“…Previous research has also analyzed the influence of family management on the innovation process with contradictory findings. Some studies have supported the idea that initiating and implementing innovations are related to the level of family involvement in management activities (Casillas et al, 2010), while others, such as Liang, Li, Yang, Lin, and Zheng (2013), have shown that family members involved in management team restrain the innovation efficiency by reducing the absorption, sharing, and creation of knowledge. Kellermanns et al (2012) did not reach significant results in relation to the interactions between family management and innovativeness.…”

Section: Literature Review and Hypothesesmentioning

confidence: 99%

Technological, management, and persistent innovation in small and medium family firms: The influence of professionalism

et al. 2016

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We examine the effect of professional management on innovation in family‐owned firms. Since professionalism is a critical but controversial issue that can influence the innovative capacity of family businesses, we aim to determine if professional management improves innovation outcomes from a comprehensive perspective. Using a sample of 583 Spanish family firms, we demonstrate that professionalism in management exerts a positive influence on innovation from both technological (product and process innovation) and management perspectives. We also find that firms managed by external professionals are willing to develop higher innovative activity and that professionalism contributes positively to persistent innovation. Copyright © 2016 ASAC. Published by John Wiley & Sons, Ltd.

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How does family involvement affect innovation in China?

Cited by 76 publications

References 42 publications

Innovation in Family Firms: A Systematic Literature Review and Guidance for Future Research

Innovation in Family Firms: A Systematic Literature Review and Guidance for Future Research

Viewing Family Firm Behavior and Governance Through the Lens of Agency and Stewardship Theories

Technological, management, and persistent innovation in small and medium family firms: The influence of professionalism

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