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Patenting in family firms

Author

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  • Alessandra Tognazzo
  • Federica Destro
  • Paolo Gubitta

Abstract

This paper analyses the patenting activities of family businesses compared to non-family ones. First, the focus is on the number of granted patents. Family long-term orientation, care for wealth preservation and risk aversion, may affect innovation processes. Hence, the main question is whether family businesses patent more or less than non-family firms. Second, innovative family companies are examined. This paper conceptualises possible consequences of family involvement also on the selection of inventors and on the accurateness and significance of patent applications. Using a sample of 234 Italian businesses, the article examines how the family influences the patenting behaviours. Empirical results show that family firms patent less than non-family ones and that the inventors' group composition tends to be smaller and conditioned by the presence of family members. These findings support the claim of a pervasive involvement of the family in determining the innovation strategy of the firm.

Suggested Citation

  • Alessandra Tognazzo & Federica Destro & Paolo Gubitta, 2013. "Patenting in family firms," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 17(1/2/3), pages 84-104.
    • Handle: RePEc:ids:ijeima:v:17:y:2013:i:1/2/3:p:84-104
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    Citations

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    Cited by:

    1. Matthias Filser & Alexander Brem & Johanna Gast & Sascha Kraus & Andrea Calabrò, 2016. "Innovation In Family Firms — Examining The Inventory And Mapping The Path," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(06), pages 1-39, August.
    2. Francesco Chirico & Giuseppe Criaco & Massimo Baù & Lucia Naldi & Luis R. Gomez-Mejia & Josip Kotlar, 2020. "To patent or not to patent: That is the question. Intellectual property protection in family firms," Entrepreneurship Theory and Practice, , vol. 44(2), pages 339-367, March.
    3. Bannò, Mariasole, 2016. "Propensity to patent by family firms," Journal of Family Business Strategy, Elsevier, vol. 7(4), pages 238-248.

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