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Product Innovation in Family versus Nonfamily Firms: An Exploratory Analysis

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  • Alfredo De massis
  • Federico Frattini
  • Emanuele Pizzurno
  • Lucio Cassia

Abstract

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.

Suggested Citation

  • Alfredo De massis & Federico Frattini & Emanuele Pizzurno & Lucio Cassia, 2015. "Product Innovation in Family versus Nonfamily Firms: An Exploratory Analysis," Journal of Small Business Management, Taylor & Francis Journals, vol. 53(1), pages 1-36, January.
    • Handle: RePEc:taf:ujbmxx:v:53:y:2015:i:1:p:1-36
    DOI: 10.1111/jsbm.12068
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    Cited by:

    1. Martínez-Alonso, Rubén & Martínez-Romero, María J. & Rojo-Ramírez, Alfonso A. & Lazzarotti, Valentina & Sciascia, Salvatore, 2023. "Process innovation in family firms: Family involvement in management, R&D collaboration with suppliers, and technology protection," Journal of Business Research, Elsevier, vol. 157(C).
    2. Abbate, Stefano & Centobelli, Piera & Cerchione, Roberto, 2023. "From Fast to Slow: An Exploratory Analysis of Circular Business Models in the Italian Apparel Industry," International Journal of Production Economics, Elsevier, vol. 260(C).
    3. Lin, Hsing-Er & Yu, Andy & Stambaugh, Jeff & Tsao, Chiung-Wen & Wang, Rebecca Jen-Hui & Hsu, I-Chieh, 2023. "Family CEO duality and research and development intensity in public family enterprises: Temporality as a model boundary," Journal of Business Research, Elsevier, vol. 158(C).
    4. Hu, Min & Dou, Junsheng & You, Xialei, 2023. "Is organizational ambidexterity always beneficial to family-managed SMEs? Evidence from China," Journal of Business Research, Elsevier, vol. 167(C).
    5. Laura Zapata-Cantu & Ramón Sanguino & Ascensión Barroso & Laura Nicola-Gavrilă, 2023. "Family Business Adapting a New Digital-Based Economy: Opportunities and Challenges for Future Research," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(1), pages 408-425, March.
    6. Bürgel, Tobias R. & Hiebl, Martin R.W. & Pielsticker, David I., 2023. "Digitalization and entrepreneurial firms' resilience to pandemic crises: Evidence from COVID-19 and the German Mittelstand," Technological Forecasting and Social Change, Elsevier, vol. 186(PA).
    7. Florencia Flen Rossi & Jorge Rojas-Vallejos, 2024. "Scientometric Analysis of Socioemotional Wealth, Innovation, and Family Businesses: Dynamics of Their Interrelationship," Sustainability, MDPI, vol. 16(11), pages 1-19, May.
    8. Haider, Zulfiquer & Wang, Yefeng & Wang, Yuan, 2024. "Family firm, financial constraint, and environmental preparedness: An international study," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 92(C).
    9. Martínez-Alonso, Rubén & Martínez-Romero, María J. & Rojo-Ramírez, Alfonso A., 2024. "Unveiling new opportunities: A mixed gamble approach to external search breadth within family firms," Technovation, Elsevier, vol. 129(C).
    10. María Jesús Rodríguez-Gulías & Sara Fernández-López & David Rodeiro-Pazos, 2024. "Disentangling the Effects of Knowledge Spillovers and Family Firm Nature on Innovative Performance: a Multilevel Approach," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 6362-6389, June.
    11. Taewoo Kim & Jennifer C. Sexton & Laura E. Marler, 2023. "Innovation as a mixed gamble in family firms: the moderating effect of inter-organizational cooperation," Small Business Economics, Springer, vol. 60(4), pages 1389-1408, April.
    12. Douglas Cumming & Jun Hu & Huiying Wu, 2024. "Leaving a Legacy for my Children: The One-Child Policy Reform and Engagement in CSR Among Family Firms in China," Journal of Business Ethics, Springer, vol. 193(3), pages 611-632, September.
    13. de Groote, Julia & Soluk, Jonas & Laue, Sarah-Larissa & Heck, Marius & Kammerlander, Nadine, 2023. "How can family-owned Mittelstand firms use their unique resources to master the digitalization age? The role of family historical, venture, and collaborative capital," Business Horizons, Elsevier, vol. 66(1), pages 133-152.
    14. Jin, Linlin & Liu, Mingzhi & Wu, Zhenyu & Zhang, Zixu, 2023. "The difference of investment efficiency between family and non-family firms: An international scope," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 88(C).
    15. Nguyen, Pascal & Rahman, Nahid & Zhao, Ruoyun, 2013. "Ownership structure and divestiture decisions: Evidence from Australian firms," International Review of Financial Analysis, Elsevier, vol. 30(C), pages 170-181.
    16. Dieudonnee Cobben & Petra C. M. Neessen & Diana Rus & Nadine Roijakkers, 2023. "How family firms use governance mechanisms to mitigate the risks of ecosystems: a case study from healthcare," Small Business Economics, Springer, vol. 60(4), pages 1369-1388, April.
    17. Frank Lambrechts & Jolien Huybrechts & Alfredo Massis & Erik E. Lehmann, 2023. "The “open family firm”: openness as boundary work in family enterprises," Small Business Economics, Springer, vol. 60(4), pages 1307-1322, April.
    18. 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.
    19. Christina Guenther & Maksim Belitski & Nada Rejeb, 2023. "Overcoming the ability-willingness paradox in small family firms’ collaborations," Small Business Economics, Springer, vol. 60(4), pages 1409-1429, April.
    20. Sami Basly & Yosra Abdelwahed, 2023. "Commitment to Learning and Open Innovation in Family Firms: Exploring the Moderating Effect of Family-to-firm Identity Fit," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 32(2), pages 420-448, July.
    21. Ivan Miroshnychenko & Giorgio Vocalelli & Alfredo Massis & Stefano Grassi & Francesco Ravazzolo, 2024. "The COVID-19 pandemic and family business performance," Small Business Economics, Springer, vol. 62(1), pages 213-241, January.
    22. Espeche, José Francisco Tragant & Sacristán-Navarro, María & Zúñiga-Vicente, José Ángel & Crespo, Nuno Fernandes, 2023. "Innovation and internationalisation during times of economic growth, crisis, and recovery prior to Covid-19: A configurational approach comparing Spanish manufacturing family and non-family firms," Journal of Family Business Strategy, Elsevier, vol. 14(1).
    23. Sadeen Ghafoor & Weidong Huo & Man Wang & Yunjiang Geng & Muhammad Zulfiqar & Muhammad Usman Yousaf, 2024. "Unique types and innovation input of family firm CEOs: moderating role of managerial ability in Chinese listed firms," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-14, December.
    24. Mueller, Simon, 2023. "Innovation Performance of Family and Founder Firms: Empirical Evidence from German Listed Companies," Junior Management Science (JUMS), Junior Management Science e. V., vol. 8(2), pages 333-357.
    25. Nieto, María Jesús & Santamaria, Luis & Bammens, Yannick, 2023. "Digitalization as a facilitator of open innovation: Are family firms different?," Technovation, Elsevier, vol. 128(C).

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