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Synergizing Innovation Dynamics: A Comprehensive Examination of Tradition and Creativities in Family-Owned Firms

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  • Azzeddine Allioui

    (ESCA Ecole de Management, Morocco)

Abstract

This research investigates the complex dynamics of innovation postures inside family businesses, revealing a typology that combines a predilection for risk with a strong adherence to tradition. The diverse routes illuminated by the Seasoner, Re-enactor, Digger, and Adventurer attitudes inside family enterprises have a distinctive impact on the innovation atmosphere. Through an examination of the relationship between these positions and the aspects of the family system, namely aim variety and coherence, we can decipher the paradox of innovation willingness in family businesses. Moreover, succession presents a critical occasion for reorientation, providing insight into how intergenerational family enterprises manage the intricate equilibrium between risk-taking and tradition.

Suggested Citation

  • Azzeddine Allioui, 2024. "Synergizing Innovation Dynamics: A Comprehensive Examination of Tradition and Creativities in Family-Owned Firms," RAIS Conference Proceedings 2022-2024 0395, Research Association for Interdisciplinary Studies.
    • Handle: RePEc:smo:raiswp:0395
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    References listed on IDEAS

    as
    1. Mattias Nordqvist & Pramodita Sharma & Francesco Chirico, 2014. "Family Firm Heterogeneity and Governance: A Configuration Approach," Journal of Small Business Management, Taylor & Francis Journals, vol. 52(2), pages 192-209, April.
    2. Patricio Duran & Nadine Kammerlander & Marc van Essen & Thomas Zellweger, 2016. "Doing More with Less : Innovation Input and Output in Family Firms," Post-Print hal-02312103, HAL.
    3. Patricio Duran & Nadine Kammerlander & Marc van Essen & Thomas Zellweger, 2016. "Doing More with Less : Innovation Input and Output in Family Firms," Post-Print hal-02276703, HAL.
    4. Miller, Danny & Le Breton-Miller, Isabelle & Lester, Richard H. & Cannella Jr., Albert A., 2007. "Are family firms really superior performers?," Journal of Corporate Finance, Elsevier, vol. 13(5), pages 829-858, December.
    5. Richard Blundell & Rachel Griffith & John van Reenen, 1999. "Market Share, Market Value and Innovation in a Panel of British Manufacturing Firms," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 66(3), pages 529-554.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    innovation dynamics; tradition; family-owned firms; intergenerational family enterprises;
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