Product Innovation in Family versus Nonfamily Firms: An Exploratory Analysis
How family firms manage product innovation remains an overlooked topic in existing business research. This happens despite the fact that family businesses play a crucial role across all economies, and they often use technological innovation to nurture their competitive advantage. By drawing upon the...
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| Veröffentlicht in: | Journal of small business management 2015-01, Vol.53 (1), p.1-36 |
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| container_title | Journal of small business management |
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| creator | De massis, Alfredo Frattini, Federico Pizzurno, Emanuele Cassia, Lucio |
| description | How family firms manage product innovation remains an overlooked topic in existing business research. This happens despite the fact that family businesses play a crucial role across all economies, and they often use technological innovation to nurture their competitive advantage. By drawing upon the resource-based view of the firm as well as agency, stewardship, and behavioral theories and using empirical evidence gathered through a multiple case study, the paper studies how and why the anatomy of the product innovation process differs between family and nonfamily firms. The analysis shows that family businesses differ from nonfamily ones as regards product innovation strategies and organization of the innovation process. |
| doi_str_mv | 10.1111/jsbm.12068 |
| format | Article |
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| source | Wiley Online Library Journals Frontfile Complete; Business Source Complete |
| subjects | Business management Comparative analysis Competitive advantage Competitiveness Empirical research Family firms Family owned businesses Innovation Innovations Product management Small and medium sized enterprises Studies |
| title | Product Innovation in Family versus Nonfamily Firms: An Exploratory Analysis |
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