Research on Technological Innovation in Family Firms

Alfredo De Massis · Federico Frattini · Ulrich Lichtenthaler

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Family Business Performance and Succession Innovation and Knowledge Management Firm Innovation and Growth

Abstract

The purpose of this article is to review and systematize prior work on technological innovation in family firms and to open up an agenda to guide future research into this promising area. The study shows that family involvement has direct effects on innovation inputs (e.g., R&D expenditures), activities (e.g., leadership in new product development projects), and outputs (e.g., number of new products), as well as moderating effects on the relationships between these steps of technological innovation. The article uses theories applied in family business research (e.g., agency theory) to discuss opportunities for extending technological innovation frameworks by considering family involvement.

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References

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2014The Ability and Willingness Paradox in Family Firm Innovation 2018Innovation in Family Firms: A Systematic Literature Review and Guidance for Future Research 2013Socioemotional Wealth as a Mixed Gamble: Revisiting Family Firm R&D Investments with the Behavioral Agency Model 2014Corporate Social Responsibility Reporting: A Content Analysis in Family and Non-family Firms 2017Innovation with Limited Resources: Management Lessons from the G erman M ittelstand

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