Innovation and productivity in family firms: evidence from a sample of European firms

Aiello, Francesco; Mannarino, Lidia; Pupo, Valeria

doi:10.1080/10438599.2019.1629533

Cited by 27 publications

(15 citation statements)

References 140 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Hult, Hurley, and Knight (2004, p. 429) claim that information used in innovation enhances the control and competence of the management over processes. Thus, the efficiency and effectiveness of the organization improves (Aiello, Mannarino, & Pupo, 2019;Kijek & Kijek, 2019;Rajapathirana & Hui, 2018).…”

Section: Resultsmentioning

confidence: 99%

Sources That Managers Prefer for Business Information Needs

Baskıcı

2019

Mehmet Akif Ersoy Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi

View full text Add to dashboard Cite

This study aims to reveal how business managers associate their information needs and the information sources to meet these needs. In order to answer this question, face-to-face interviews were carried out with a total of 327 business managers working in various sectors. Information sources are encoded by using content analysis with personal and non-personal, internal and external dimensions. Results obtained have shown that managers mainly prefer non-personal information sources. Accordingly, business managers who face problems of sustainability and competitiveness seek personal and internal information while those who face problems of growth and innovation seek non-personal and external information. As for the problem profitability, managers refer to non-personal and internal information. The findings aim to contribute to strategic management and environmental scanning literature as well as to implementers. The research results might be guiding for identifying the information needs of managers in a more focused way and meeting this need more efficiently.

show abstract

Section: Resultsmentioning

confidence: 99%

Sources That Managers Prefer for Business Information Needs

Baskıcı

2019

Mehmet Akif Ersoy Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi

View full text Add to dashboard Cite

show abstract

“…Specifically, although their higher flexibility and their longer‐term perspective would be in itself factors conducive to innovation, FFs are less willing to innovate due to their risk aversion, lack of resources and knowledge, and reluctance to ask for external financial investments (Aiello, Cardamone, et al, 2020). Additionally, some studies highlighted that FFs achieve higher innovation outputs compared with non‐family firms (Duran et al, 2016), whereas others found that the returns to their R&D investments are low (Aiello, Mannarino, & Pupo, 2020).…”

Section: Family Businesses Csr and Eco‐innovation: Literature Reviewmentioning

confidence: 99%

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

Aiello

Cardamone

Mannarino

et al. 2021

Corp Soc Responsibility Env

Self Cite

View full text Add to dashboard Cite

This paper explores whether family and non-family firms differ in terms of their capability to introduce green patenting. By considering the environmental performance as a corporate social responsibility related concern, the analysis is based on a large data set of patenting activities carried out by Italian manufacturing firms over the period 2009-2017. Results show that family firms are less likely than non-family firms to implement innovations in green technologies. This holds true whatever the level of accumulation in green and non-green knowledge.

show abstract

“…Other research studies (Chen and Hsu, 2009;Munoz-Bullon and Sanchez-Bueno, 2011) assert that family firms invest in R&D but not as much as non-family ones. Aiello et al (2020) stated that the R&D returns of innovative efforts for family firms are less than non-family ones. The pioneers of agency theory (Jensen and Meckling, 1976) assert that agency costs are less in family firms, as there are emotional ties among business members.…”

Section: Hypotheses Developmentmentioning

confidence: 99%

Familiness and R&D investments

Damak

Mbarek²,

Haj-Salem

2021

JFRA

View full text Add to dashboard Cite

Purpose The purpose of this study is to investigate R&D investments in family firms. Design/methodology/approach The socio-emotional wealth (SEW) perspective, considered as a dominant paradigm in the family business field, is the theoretical framework used to report different behaviors ascertained within family firms. This paper focuses on two dimensions of the SEW, namely, family control and influence and family identity. A suspected moderating role played by the firm’s life cycle stage on the dimensions is also investigated using panel data. To analyze the results, this paper uses the Smart PLS software on secondary data collected for 76 German family firms. Findings The empirical results reveal a negative influence of SEW on R&D investments. The prominent effect of the family control and influence dimension on R&D is higher in the first part of a firm life cycle. Research limitations/implications The analysis of this study is subject to several caveats. First, to measure the R&D investment, this paper used R&D intensity computed as the total annual R&D expenses by total sales. Except for the fact that the use of proxies received several criticizes from scholars (Berrone et al., 2012) claiming how they do not directly relate to the essence of the dimensions measured. Second, this paper used two out of five FIBER dimensions only in the study. This paper took the right direction, but still, the complexity of SEW may not be fully captured following this approach (Berrone et al., 2012). Originality/value This study could be considered as an important extension of prior research investigating R&D in family firms. The authors provide a valid empirical construct, the FIBER scale, to capture non-monotonic behaviors in family firms and an enlargement of the family firms and innovation management field of research.

show abstract

Innovation and productivity in family firms: evidence from a sample of European firms

Cited by 27 publications

References 140 publications

Sources That Managers Prefer for Business Information Needs

Sources That Managers Prefer for Business Information Needs

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

Familiness and R&D investments

Contact Info

Product

Resources

About