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 addressin...
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2023-02-01
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| Series: | Technological and Economic Development of Economy |
| Subjects: | |
| Online Access: | https://jbem.vgtu.lt/index.php/TEDE/article/view/18526 |
| _version_ | 1811165076535640064 |
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| author | Rubén Martínez-Alonso María J. Martínez-Romero Alfonso A. Rojo-Ramírez |
| author_facet | Rubén Martínez-Alonso María J. Martínez-Romero Alfonso A. Rojo-Ramírez |
| author_sort | Rubén Martínez-Alonso |
| collection | DOAJ |
| 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.
First published online 13 February 2023
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| first_indexed | 2024-04-10T15:31:40Z |
| format | Article |
| id | doaj.art-cccfbe8cf99a475c9cd2e3a37563b1f9 |
| institution | Directory Open Access Journal |
| issn | 2029-4913 2029-4921 |
| language | English |
| last_indexed | 2024-04-10T15:31:40Z |
| publishDate | 2023-02-01 |
| publisher | Vilnius Gediminas Technical University |
| record_format | Article |
| series | Technological and Economic Development of Economy |
| spelling | doaj.art-cccfbe8cf99a475c9cd2e3a37563b1f92023-02-13T16:16:05ZengVilnius Gediminas Technical UniversityTechnological and Economic Development of Economy2029-49132029-49212023-02-0110.3846/tede.2023.18526R&D collaboration breadth and family-firm innovation efficiency: the role of family management and generational stageRubén Martínez-Alonso0María J. Martínez-Romero1Alfonso A. Rojo-Ramírez2Department of Economics and Business, University of Almería, Almería, Spain Department of Economics and Business, University of Almería, Almería, Spain Department of Economics and Business, University of Almería, Almería, Spain 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. First published online 13 February 2023 https://jbem.vgtu.lt/index.php/TEDE/article/view/18526innovation efficiencyR&D collaboration breadthfamily managementgenerational stagesocioemotional wealth |
| spellingShingle | Rubén Martínez-Alonso María J. Martínez-Romero Alfonso A. Rojo-Ramírez R&D collaboration breadth and family-firm innovation efficiency: the role of family management and generational stage Technological and Economic Development of Economy innovation efficiency R&D collaboration breadth family management generational stage socioemotional wealth |
| 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 | https://jbem.vgtu.lt/index.php/TEDE/article/view/18526 |
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