Quotation Posch, Arthur, Wiedenegger, Armin. 2013. Innovativeness in family firms: Drivers of innovation and their mediating role. Zeitschrift für Betriebswirtschaft (ZfB) (4): 91-129.


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Abstract

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.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of Business Economics (JBE) (früher: Zeitschrift für Betriebswirtschaft ZfB)
WU Journalrating 2009 A
WU-Journal-Rating new FIN-A, INF-A, STRAT-B, WH-B
Language English
Title Innovativeness in family firms: Drivers of innovation and their mediating role
Number 4
Year 2013
Page from 91
Page to 129
Reviewed? Y
URL http://download.springer.com/static/pdf/786/bok%253A978-3-658-04092-5.pdf?auth66=1388841776_dc9f6362fda2e0b18d6054fe414133d6&ext=.pdf

Associations

People
Posch, Arthur (Former researcher)
Wiedenegger, Armin (Former researcher)
Organization
Institute for Strategy and Managerial Accounting IN (Details)
Department of Strategy and Innovation DP (Details)
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