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Comparing the Innovation and Export Performance of Hungarian Family and Non-Family Enterprises: Experiences Drawn from Empirical Surveys

Author

Listed:
  • Judit Csákné Filep

    (Budapest LAB Office for Entrepreneurship Development, Budapest Business School, University of Applied Sciences, 1087 Budapest, Hungary)

  • László Radácsi

    (Independent Researcher, 1087 Budapest, Hungary)

  • Áron Szennay

    (Budapest LAB Office for Entrepreneurship Development, Budapest Business School, University of Applied Sciences, 1087 Budapest, Hungary)

Abstract

Family enterprises are considered to be one of the oldest and still dominant forms of business organisations. However, their innovation activity is an emerging area of research, especially in the Central and Eastern European region. The aim of our study is to address this research gap by investigating, with the help of statistical tools, the relationship between the familiness of the firms, their innovation activity, and their export activity on representative samples of Hungarian SMEs in the years 2017, 2020, and 2022. Our results suggest that the innovation activity of exporting Hungarian SMEs is more significant than that of non-exporting SMEs. However, the relationship between familiness and innovation activity is not uniform in the three analyzed years, and the relationship between familiness and export activity is not significant. The findings of this study, that firms’ innovation and exporting activities can be mutually reinforcing, can be used by policymakers, curriculum developers in business education, and entrepreneurs. One of the main limitations of our research is that the 2020 and 2022 surveys were conducted after the first wave of the COVID-19 pandemic and the shock of the Russian–Ukrainian war, respectively; thus, the decisions of the firms could have been influenced by the unpredictability of the external environment.

Suggested Citation

  • Judit Csákné Filep & László Radácsi & Áron Szennay, 2023. "Comparing the Innovation and Export Performance of Hungarian Family and Non-Family Enterprises: Experiences Drawn from Empirical Surveys," Administrative Sciences, MDPI, vol. 13(6), pages 1-14, June.
    • Handle: RePEc:gam:jadmsc:v:13:y:2023:i:6:p:146-:d:1161882
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    References listed on IDEAS

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    1. Sharma, Pramodita & Sharma, Sanjay, 2011. "Drivers of Proactive Environmental Strategy in Family Firms," Business Ethics Quarterly, Cambridge University Press, vol. 21(2), pages 309-334, April.
    2. Basco, Rodrigo, 2013. "The family's effect on family firm performance: A model testing the demographic and essence approaches," Journal of Family Business Strategy, Elsevier, vol. 4(1), pages 42-66.
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