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Innovationsverhalten in Familienunternehmen

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  • Hülsbeck, Marcel
  • Lehmann, Erik E.
  • Weiß, Dominik
  • Wirsching, Katharine

Abstract

Familienunternehmen gelten in der öffentlichen Wahrnehmung als besonders innovativ und als Hidden Champions der deutschen Wirtschaft. In jüngster Zeit widmen sich Forscher vermehrt der Überprüfung dieser These und kommen zu diametral unterschiedlichen Ergebnissen. Einerseits wird Familienunternehmen ein besonderer Unternehmergeist bescheinigt, der sie besonders innovativ macht, andererseits soll die mangelnde Trennung von Eigentum und Kontrolle sowie unzureichende Diversifikation zu deutlich geringer Innovationsaktivität führen. In dieser Studie untersuchen wir Innovationsaktivitäten von 436 deutschen Industrieunternehmen unterschiedlicher Rechtsformen, Größen, Alter, Industrien und vor allem unterschiedlicher familiärer Beteiligung und Beeinflussung des Management und des Aufsichtsrates. Wir kommen dabei zu differenzierten Ergebnissen. Grundsätzlich wirkt sich sowohl familiäres Anteilseigentum als Beteiligung der Eignerfamilie im Top Management signifikant negativ auf Innovationsaktivitäten aus. Im Gegensatz dazu hat der Grad familiärer Kontrolle im Aufsichtsrat signifikant positive Auswirkungen auf das Innovationsverhalten. Die Ergebnisse deuten darauf hin, dass inhabergeführte Unternehmen aufgrund von Risikoaversion wenig innovativ sind, während der Rückzug der Investorenfamilie in die Rolle eines Ideengebers und Kontrolleurs zu mehr Innnovationen führt. -- Family businesses are publicly believed to be highly innovative and to be the Hidden Champions of the German industry. In recent times scholars have begun to examine this thesis and have come to starkly opposing results. On the one hand family businesses are attested to have a special entrepreneurial spirit which makes them highly innovative. On the other hand the lack of separation of ownership and control and insufficient diversification of family-investors are said to lead to less innovation activity. In this study we investigate the innovation activity of 436 German manufacturing firms differing in legal structure, size, age, industry, and - most importantly - in the degree of family ownership, family management and family control. The results of our analysis reveals differentiated results. Fundamentally, family ownership and family management are detrimental to firm innovation, at the same time family control has a positive impact on innovation activities. Our Results point to the fact that owner-managed businesses tend to innovate less due to risk aversion while a focus on controlling instead of managing a corporation by the owning family lead to an increase in innovations.

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Bibliographic Info

Paper provided by University of Augsburg, Chair of Management and Organization in its series UO Working Papers with number 02-11.

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Date of creation: 2011
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Handle: RePEc:zbw:auguow:0211

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Web page: http://www.wiwi.uni-augsburg.de/bwl/lehmann/
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Related research

Keywords: Familienunternehmen; Corporate Governance; Performance; Innovation; family firms; corporate governance; performance; innovation;

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References

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  1. Sechs Lesetipps für’s Pfingstwochenende
    by Johannes Eber in Pixelökonom on 2012-05-25 11:54:35

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