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Social capital and innovation in family firms: The moderating roles of family control and generational involvement

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  • Sanchez-Famoso, Valeriano
  • Pittino, Daniel
  • Chirico, Francesco
  • Maseda, Amaia
  • Iturralde, Txomin

Abstract

Drawing on the social capital literature, we examine whether the co-existence of distinct yet interacting social groups, namely family and non-family members, creates the conditions for increased family firm innovation. In particular, we theorize that family and non-family social capital have a joint positive effect on family firm innovation and this joint effect is stronger than the single effects of family and non-family social capital. In addition, we predict that while family control has a positive moderating effect, generational involvement has a negative moderating effect on the above-mentioned relationship. With supportive empirical results, our research makes important contributions to the existing literature.

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  • Sanchez-Famoso, Valeriano & Pittino, Daniel & Chirico, Francesco & Maseda, Amaia & Iturralde, Txomin, 2019. "Social capital and innovation in family firms: The moderating roles of family control and generational involvement," Scandinavian Journal of Management, Elsevier, vol. 35(3).
    • Handle: RePEc:eee:scaman:v:35:y:2019:i:3:s0956522118300290
    DOI: 10.1016/j.scaman.2019.02.002
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