The Family Factor: How collaborative dialogue between owner managers and the owner family shapes firm-level outcomes

Halder, Annika; Prügl, Reinhard; Kraiczy, Nils D.; Hack, Andreas (2021). The Family Factor: How collaborative dialogue between owner managers and the owner family shapes firm-level outcomes. Journal of Small Business Management, 61(4), pp. 1411-1450. Taylor & Francis 10.1080/00472778.2020.1844484

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The influence of the owner family on managerial decision-making in family firms is undisputed. However, we know relatively little about how this influence is exerted. Based on upper echelon theory, and in the context of innovation management, we explore the owner family’s influence via collaborative dialogue. Quantitative analyses based on 116 family firms, substantiated by 12 qualitative interviews within seven family firms, show that an owner family’s collaborative dialogue minimizes the influence of an owner manager’s attitude toward risk on TMT innovativeness. On the other hand, the collaborative dialogue strengthens the impact TMT innovativeness has on firm-level innovative capacity.

Item Type:	Journal Article (Original Article)
Division/Institute:	03 Faculty of Business, Economics and Social Sciences > Department of Business Management > Institute of Organization and Human Resource Management > Human Resource Management
UniBE Contributor:	Hack, Andreas
Subjects:	600 Technology > 650 Management & public relations
ISSN:	1540-627X
Publisher:	Taylor & Francis
Language:	English
Submitter:	Andreas Hack
Date Deposited:	22 Mar 2021 11:01
Last Modified:	02 Jul 2023 01:49
Publisher DOI:	10.1080/00472778.2020.1844484
URI:	https://boris.unibe.ch/id/eprint/153108