Innovativeness in Family Firms: Drivers of Innovation and their Mediating Role

Posch, Arthur; Wiedenegger, Armin (2013). Innovativeness in Family Firms: Drivers of Innovation and their Mediating Role. Zeitschrift für Betriebswirtschaft Special Issue, 83(4), pp. 91-129. Springer 10.1007/978-3-658-04092-5_5

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Extant literature on the effects of family involvement on innovativeness has so far produced controversial results. While some papers argue that family firms are less innovative than non-family firms, other studies make a case for the exact opposite. So far most studies have tackled this question by taking a particularistic perspective. In this paper, however, we employ a broader approach and consider multiple drivers of innovation as a starting point. Drawing on the idiosyncrasies of family firms, we then predict a difference between family firms and non-family firms with regard to innovation drivers. Our second hypothesis proposes that the effect of family involvement on a firm’s innovativeness is mediated by several drivers of innovation. We test our hypotheses using a data set of 184 Austrian companies. Our results indicate significant differences between family firms and non-family firms for six drivers of innovation. Moreover, our findings suggest that there is a multitude of factors that serve as mediators of the relationship between family involvement and innovativeness.

Item Type:

Journal Article (Original Article)

Division/Institute:

03 Faculty of Business, Economics and Social Sciences > Department of Business Management > Institute for Accounting and Controlling > Institute for Accounting and Controlling, Managerial Accounting

UniBE Contributor:

Posch, Arthur

Subjects:

300 Social sciences, sociology & anthropology > 330 Economics

ISSN:

0044-2372

Publisher:

Springer

Language:

English

Submitter:

Lynn Carole Selhofer

Date Deposited:

16 Jul 2019 13:32

Last Modified:

24 Oct 2019 14:10

Publisher DOI:

10.1007/978-3-658-04092-5_5

Additional Information:

ZFB Special Issues 4/2013: Mittelständische Unternehmen

BORIS DOI:

10.7892/boris.127382

URI:

https://boris.unibe.ch/id/eprint/127382

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