R&D COLLABORATION BREADTH AND FAMILY-FIRM INNOVATION EFFICIENCY: THE ROLE OF FAMILY MANAGEMENT AND GENERATIONAL STAGE

This paper examines the relationship between R&D collaboration breadth and innovation efficiency within family firms. Based on the socioemotional wealth approach and recognising that family firms constitute a rather heterogeneous group, we study family firms’ differences in the way of addressing...

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Main Authors: Martínez Alonso, Rubén, Martínez Romero, María José, Rojo Ramírez, Alfonso Andrés
Format: info:eu-repo/semantics/article
Language:English
Published: Vilnius Tech 2023
Subjects:
Online Access:http://hdl.handle.net/10835/14677
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author Martínez Alonso, Rubén
Martínez Romero, María José
Rojo Ramírez, Alfonso Andrés
author_facet Martínez Alonso, Rubén
Martínez Romero, María José
Rojo Ramírez, Alfonso Andrés
author_sort Martínez Alonso, Rubén
collection DSpace
description This paper examines the relationship between R&D collaboration breadth and innovation efficiency within family firms. Based on the socioemotional wealth approach and recognising that family firms constitute a rather heterogeneous group, we study family firms’ differences in the way of addressing the R&D collaboration breadth-innovation efficiency link, taking into account family management and the generational stage. Using a panel dataset of 424 manufacturing family firms during the 2007–2016 period, we find significant differences across family firms in the translation of gains from R&D collaboration breadth into innovation efficiency. Specifically, our findings reveal that family firms with higher levels of family management and in first generational stage weaken the R&D collaboration breadth – innovation efficiency link.
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spelling oai:repositorio.ual.es:10835-146772023-11-23T16:51:41Z R&D COLLABORATION BREADTH AND FAMILY-FIRM INNOVATION EFFICIENCY: THE ROLE OF FAMILY MANAGEMENT AND GENERATIONAL STAGE Martínez Alonso, Rubén Martínez Romero, María José Rojo Ramírez, Alfonso Andrés innovation efficiency R&D collaboration breadth family management generational stage socioemotional wealth This paper examines the relationship between R&D collaboration breadth and innovation efficiency within family firms. Based on the socioemotional wealth approach and recognising that family firms constitute a rather heterogeneous group, we study family firms’ differences in the way of addressing the R&D collaboration breadth-innovation efficiency link, taking into account family management and the generational stage. Using a panel dataset of 424 manufacturing family firms during the 2007–2016 period, we find significant differences across family firms in the translation of gains from R&D collaboration breadth into innovation efficiency. Specifically, our findings reveal that family firms with higher levels of family management and in first generational stage weaken the R&D collaboration breadth – innovation efficiency link. 2023-11-23T16:51:41Z 2023-11-23T16:51:41Z 2023-02-13 info:eu-repo/semantics/article Martínez-Alonso, R., Martínez-Romero, M. J., & Rojo-Ramírez, A. A. (2023). R&D collaboration breadth and family-firm innovation efficiency: the role of family management and generational stage. Technological and Economic Development of Economy, 29(2), 677–695. https://doi.org/10.3846/tede.2023.18526 2029-4913 http://hdl.handle.net/10835/14677 en https://journals.vilniustech.lt/index.php/TEDE/article/view/18526 Attribution-NonCommercial-NoDerivatives 4.0 Internacional http://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess Vilnius Tech
spellingShingle innovation efficiency
R&D collaboration breadth
family management
generational stage
socioemotional wealth
Martínez Alonso, Rubén
Martínez Romero, María José
Rojo Ramírez, Alfonso Andrés
R&D COLLABORATION BREADTH AND FAMILY-FIRM INNOVATION EFFICIENCY: THE ROLE OF FAMILY MANAGEMENT AND GENERATIONAL STAGE
title R&D COLLABORATION BREADTH AND FAMILY-FIRM INNOVATION EFFICIENCY: THE ROLE OF FAMILY MANAGEMENT AND GENERATIONAL STAGE
title_full R&D COLLABORATION BREADTH AND FAMILY-FIRM INNOVATION EFFICIENCY: THE ROLE OF FAMILY MANAGEMENT AND GENERATIONAL STAGE
title_fullStr R&D COLLABORATION BREADTH AND FAMILY-FIRM INNOVATION EFFICIENCY: THE ROLE OF FAMILY MANAGEMENT AND GENERATIONAL STAGE
title_full_unstemmed R&D COLLABORATION BREADTH AND FAMILY-FIRM INNOVATION EFFICIENCY: THE ROLE OF FAMILY MANAGEMENT AND GENERATIONAL STAGE
title_short R&D COLLABORATION BREADTH AND FAMILY-FIRM INNOVATION EFFICIENCY: THE ROLE OF FAMILY MANAGEMENT AND GENERATIONAL STAGE
title_sort r&d collaboration breadth and family-firm innovation efficiency: the role of family management and generational stage
topic innovation efficiency
R&D collaboration breadth
family management
generational stage
socioemotional wealth
url http://hdl.handle.net/10835/14677
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