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Temporary factors that condition innovation: comparison between family and non-family businesses

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  • Pedro Núñez-Cacho

    (University of Jaén, Spain)

  • Daniel Lorenzo

    (University of Cádiz, Spain)

Abstract

Studies conducted on innovation in family businesses have offered very diverse and sometimes contradictory results. The objective of this paper is to analyze the influence of time-related variables on the innovative behavior of companies. Furthermore, we compare the behavior of family and non-family companies, the influence of the generation and the transference of management. To do this, companies are classified according to the stage of life in which they are and are compared using a mean difference test (Anova). Subsequently, already focused on family businesses, the effects of generating control in the case of family businesses are analyzed, considering the foundational and subsequent periods. The results show that the behavior towards the innovation of family businesses is conditioned by the temporal dimension.

Suggested Citation

  • Pedro Núñez-Cacho & Daniel Lorenzo, 2020. "Temporary factors that condition innovation: comparison between family and non-family businesses," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 1740-1759, March.
    • Handle: RePEc:ssi:jouesi:v:7:y:2020:i:3:p:1740-1759
    DOI: 10.9770/jesi.2020.7.3(20)
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    More about this item

    Keywords

    innovation; time; family businesses; entrepreneurship;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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