New Product Portfolio Performance in Family Firms

Kraiczy, Nils Daniel; Hack, Andreas; Kellermanns, Franz W. (2014). New Product Portfolio Performance in Family Firms. Journal of business research, 67(6), pp. 1065-1073. Elsevier 10.1016/j.jbusres.2013.06.005

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This study investigates the relationship between top management team (TMT) innovation orientation and new product portfolio performance in small and medium-sized family firms by exploring two family firm-specific sources of TMT diversity as moderators: the number of generations involved in the TMT and the ratio of family members in the TMT. Results indicate that family-induced diversity in the TMT has opposing moderating effects. Although a positive relationship exists between TMT innovation orientation and new product portfolio performance when multiple generations are involved in the TMT, TMT innovation orientation and new product portfolio performance experience a negative relationship when the ratio of family members in the TMT is high. The study discusses theoretical and managerial implications of the findings and develops avenues for future research.

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
03 Faculty of Business, Economics and Social Sciences > Department of Business Management > Institute of Organization and Human Resource Management

UniBE Contributor:

Kraiczy, Nils Daniel and Hack, Andreas

Subjects:

600 Technology > 650 Management & public relations

ISSN:

0148-2963

Publisher:

Elsevier

Language:

English

Submitter:

Andreas Hack

Date Deposited:

19 Mar 2014 12:25

Last Modified:

22 May 2015 10:25

Publisher DOI:

10.1016/j.jbusres.2013.06.005

BORIS DOI:

10.7892/boris.42429

URI:

https://boris.unibe.ch/id/eprint/42429

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