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Are family firms fit for innovation? Towards an agenda for empirical research

Author

Listed:
  • Dietmar Roessl
  • Matthias Fink
  • Sascha Kraus

Abstract

Based on a comprehensive literature review, we seek to understand the readiness and ability of family firms to innovate and track the innovativeness of family businesses back to their characteristics as a basis for future empirical research. For this, we contrast the characteristics of family firms with the premises of innovation. The resulting profile of fit and misfit allows for the identification of aspects that both promote and hinder innovation in family firms. The identified aspects are condensed to a model which may be used to structure future empirical research on innovation in family firms.

Suggested Citation

  • Dietmar Roessl & Matthias Fink & Sascha Kraus, 2010. "Are family firms fit for innovation? Towards an agenda for empirical research," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 2(3/4), pages 366-380.
  • Handle: RePEc:ids:ijeven:v:2:y:2010:i:3/4:p:366-380
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    Citations

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    Cited by:

    1. Andreas Kallmuenzer & Ursula Scholl-Grissemann, 2017. "Disentangling antecedents and performance effects of family SME innovation: A knowledge-based perspective," International Entrepreneurship and Management Journal, Springer, vol. 13(4), pages 1117-1138, December.
    2. Hillebrand, Sebastian, 2020. "Die Nachfolgerauswahl in Zeiten des technologischen Wandels," WiSo-HH Working Paper Series 60, University of Hamburg, Faculty of Business, Economics and Social Sciences, WISO Research Laboratory.
    3. Andrea Calabrò & Mariateresa Torchia & Daniela Gimenez Jimenez & Sascha Kraus, 0. "The role of human capital on family firm innovativeness: the strategic leadership role of family board members," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-27.
    4. Covin, Jeffrey G. & Eggers, Fabian & Kraus, Sascha & Cheng, Cheng-Feng & Chang, Man-Ling, 2016. "Marketing-related resources and radical innovativeness in family and non-family firms: A configurational approach," Journal of Business Research, Elsevier, vol. 69(12), pages 5620-5627.
    5. Guedes, Maria João & Patel, Pankaj C. & Kowalkowski, Christian & Oghazi, Pejvak, 2022. "Family business, servitization, and performance: Evidence from Portugal," Technological Forecasting and Social Change, Elsevier, vol. 185(C).
    6. 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.
    7. Kai Zhao & Wanshu Wu, 2022. "Innovation of Family-Owned Enterprises and Government Subsidies: From A Policy-Oriented Perspective," Sustainability, MDPI, vol. 14(20), pages 1-18, October.
    8. Uchida, Hirofumi & Yamada, Kazuo & Zazzaro, Alberto, 2023. "Management innovations in family firms after CEO successions: Evidence from Japanese SMEs," Japan and the World Economy, Elsevier, vol. 66(C).
    9. Migliori, Stefania & De Massis, Alfredo & Maturo, Fabrizio & Paolone, Francesco, 2020. "How does family management affect innovation investment propensity? The key role of innovation impulses," Journal of Business Research, Elsevier, vol. 113(C), pages 243-256.
    10. Mohammad Reza Jalilvand & Leila Nasrolahi Vosta & Rashid Khalilakbar & Javad Khazaei Pool & Reihaneh Alsadat Tabaeeian, 2019. "The Effects of Internal Marketing and Entrepreneurial Orientation on Innovation in Family Businesses," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(3), pages 1064-1079, September.
    11. Julia K. de Groote & Werner Conrad & Andreas Hack, 2021. "How can family businesses survive disruptive industry changes? Insights from the traditional mail order industry," Review of Managerial Science, Springer, vol. 15(8), pages 2239-2273, November.
    12. Hillebrand, Sebastian & Teichert, Thorsten, 2020. "Successor selection in times of continuity and renewal - A discrete choice-experiment," WiSo-HH Working Paper Series 59, University of Hamburg, Faculty of Business, Economics and Social Sciences, WISO Research Laboratory.
    13. Andrea Calabrò & Mariateresa Torchia & Daniela Gimenez Jimenez & Sascha Kraus, 2021. "The role of human capital on family firm innovativeness: the strategic leadership role of family board members," International Entrepreneurship and Management Journal, Springer, vol. 17(1), pages 261-287, March.
    14. Murad Harasheh & Alessandro Capocchi & Andrea Amaduzzi, 2021. "Firm Characteristics and Innovation Activity: A Study of Italian Family Firms," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(12), pages 180-180, July.
    15. Anne Heider & Marcel Hülsbeck & Leopold Schlenk-Barnsdorf, 2022. "The role of family firm specific resources in innovation: an integrative literature review and framework," Management Review Quarterly, Springer, vol. 72(2), pages 483-530, June.
    16. Rondi, Emanuela & De Massis, Alfredo & Kraus, Sascha, 2021. "Servitization through open service innovation in family firms: Exploring the ability-willingness paradox," Journal of Business Research, Elsevier, vol. 135(C), pages 436-444.
    17. Francesca Maria Cesaroni & Gail Denisse Chamochumbi Diaz & Annalisa Sentuti, 2021. "Family Firms and Innovation from Founder to Successor," Administrative Sciences, MDPI, vol. 11(2), pages 1-19, May.
    18. Eggers, Fabian, 2020. "Masters of disasters? Challenges and opportunities for SMEs in times of crisis," Journal of Business Research, Elsevier, vol. 116(C), pages 199-208.

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