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Technology, innovation and performance in family firms

Author

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  • Fernando G. Alberti
  • Emanuele Pizzurno

Abstract

There are important theoretical reasons to consider family firms as differing from non-family ones with reference to technology strategy and innovation. However, for a long time, theory building in this stream of research has by and large overlooked the importance of the family variable, but in recent times there is a nascent and growing debate on such issues. Results so far are still open and somewhat contradictory. The present paper fills this conceptual and empirical gap, building on a quali-quantitative research design, where technology strategy and innovation are explored in relation to performance in family firms. Our paper suggests that family firms' performance is positively correlated with new product development, market knowledge rather than technological knowledge, and knowledge sharing rather than knowledge availability.

Suggested Citation

  • Fernando G. Alberti & Emanuele Pizzurno, 2013. "Technology, innovation and performance in family firms," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 17(1/2/3), pages 142-161.
    • Handle: RePEc:ids:ijeima:v:17:y:2013:i:1/2/3:p:142-161
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    Citations

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    Cited by:

    1. 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.
    2. Shu, Jinhao, 2021. "The M&A Behavior of Family Firms," Junior Management Science (JUMS), Junior Management Science e. V., vol. 6(4), pages 673-699.
    3. Arndt Werner & Christian Schröder & Simone Chlosta, 2018. "Driving factors of innovation in family and non-family SMEs," Small Business Economics, Springer, vol. 50(1), pages 201-218, January.
    4. Tatiana Marceda Bach & Luciano Luiz Dalazen & Wesley Vieira da Silva & Alex Antonio Ferraresi & Claudimar Pereira da Veiga, 2019. "Relationship Between Innovation and Performance in Private Companies: Systematic Literature Review," SAGE Open, , vol. 9(2), pages 21582440198, June.
    5. Röd, Irina, 2016. "Disentangling the family firm’s innovation process: A systematic review," Journal of Family Business Strategy, Elsevier, vol. 7(3), pages 185-201.
    6. Francesco Aiello & Paola Cardamone & Lidia Mannarino & Valeria Pupo, 2021. "Does external R&D matter for family firm innovation? Evidence from the Italian manufacturing industry," Small Business Economics, Springer, vol. 57(4), pages 1915-1930, December.
    7. Moritz Belling & Ulrich Pidun & Dodo zu Knyphausen-Aufseß, 2021. "Unbundling Strategic Change in Family Firms: the Influence of Familiness on the Strategic Change Process," Schmalenbach Journal of Business Research, Springer, vol. 73(3), pages 381-411, December.
    8. Iuliu TURCAN & Rina TURCAN, 2021. "Innovations' Role And Impact In The Context Of Sustainable Development," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 17(27), pages 138-146, October.
    9. Scharmann, Anne, 2024. "Innovation collaboration between family firms and startups: Insights from the German construction industry," Junior Management Science (JUMS), Junior Management Science e. V., vol. 9(2), pages 1384-1413.

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