Family-owned manufacturing SMEs and innovativeness: A comparison between within-family successions and external takeovers

Grundström, Christina; Öberg, Christina; Rönnbäck, Anna Öhrwall

doi:10.1016/j.jfbs.2012.07.001

Cited by 60 publications

(41 citation statements)

References 70 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…To address the proposed research questions, which were designed upon a review of pertinent family business research exploring strategic innovation (e.g., Cassia et al, 2012;Grundström, Öberg, and Rönnbäck, 2012;Kraus et al, 2012), various Uruguayan family firms were selected. The identification of these firms is based on one of the researcher's experience while conducting field research in Uruguay between December of 2014 and January of 2015.…”

Section: Methodsmentioning

confidence: 99%

Innovation, dynamic capabilities and family firms operating in an emerging economy

Alonso

O’Brien

Kok

2018

JIBED

View full text Add to dashboard Cite

Innovation, dynamic capabilities and family firms operating in an emerging economy http://researchonline.ljmu.ac.uk/id/eprint/9782/ Article LJMU has developed LJMU Research Online for users to access the research output of the University more effectively. Alonso, AD, O'Brien, S and Kok, SK (2018) Innovation, dynamic capabilities and family firms operating in an emerging economy. Journal for International Business and Entrepreneurship Development, 11 (3). pp. 221-242. ISSN 1549-9324 LJMU Research Online Innovation, dynamic capabilities and family firms operating in an emerging economy AbstractDrawing on the dynamic capabilities framework (DCF), this exploratory study examines family firms' involvement in innovation practices, including reasons and ways to innovate. The cases of four family firms operating in an emerging economy (Uruguay) are investigated. Semi-structured, face-to-face and telephone interviews were conducted with owners and managers, and complemented with email correspondence. Based on the imperious need to solve problems in their industry, firms' management were intensively involved in various innovative processes. These processes included quality improvements, responding to a dynamic and competitive business and consumer environment, and extending the life and survival of the family enterprise for future generations. Notably, the importance of sensing and learning in the form of identifying and assimilating key information, and seizing, applying such information to develop or adopt innovation, including new technologies, emerged strongly. The findings also highlight the usefulness of the DCF to understand firms' integration, and transformation of learning.

show abstract

Section: Methodsmentioning

confidence: 99%

Innovation, dynamic capabilities and family firms operating in an emerging economy

Alonso

O’Brien

Kok

2018

JIBED

View full text Add to dashboard Cite

show abstract

“…Additional analysis of closely held firms with ownership information indicates that this is a reasonable approximation. 3 Other studies include Grundström et al (2012), , Backman and Palmberg (2015), and Bornhäll et al (2016).…”

Section: Conceptual Framework: Defining Family Firmsmentioning

confidence: 99%

The characteristics of family firms: exploiting information on ownership, kinship, and governance using total population data

et al. 2017

View full text Add to dashboard Cite

Family firms are often considered characteristically different from non-family firms. However, our understanding of family firms suffers from an inability to identify them in total population data; information is rarely available regarding owners, their kinship, and their involvement in firm governance. We present a method for identifying domiciled family firms using register data; this method offers greater accuracy than previous methods. We apply this method to Swedish data concerning firm ownership, governance, and kinship from 2004 to 2010. We find that the family firm is a significant organizational form, contributing over one third of all employment and gross domestic product (GDP). Family firms are common in most industries and range in size. Furthermore, we find that, compared to private non-family firms, family firms have fewer total assets, employment, and sales and carry higher solidity, although family firms are more profitable. These differences diminish with firm size. We conclude that the term "family firm" includes a large variety of firms, and we call for increased attention to their heterogeneity.

show abstract

“…According to our analysis, this meta-construct is arguably the least addressed in innovation research in FB. Only two studies (Grundström, Öberg, & Rönnbäck, 2012;Pittino & Visintin 2009) were identified focusing partially on these categories.…”

Section: R E S U L T S : a N A L Y S I S O F Determinants And Dimensimentioning

confidence: 99%

“…Based on the described existing evidence, we will explain below the main research lines on the topic that has been identified and proposed. (Cassia et al, 2012;Donckels & Fröhlich, 1991); survival or long-term corporate orientation (Bergfeld & Weber, 2011;Cassia et al, 2011;Cassia et al, 2012;Westhead, 1997); reputation (Westhead, 1997); transgenerational value (Cassia et al, 2011;Chirico & Nordqvist, 2010;; paternalism (Chirico & Nordqvist, 2010); corporate social responsibility (Wagner, 2010); willingness to change Weismeier-Sammer, 2011) -Service-dominant focus (Dibrell & Moeller, 2011) -Stewardship culture (Dibrell & Moeller, 2011) Resource allocation -Debt in RandD financing (Czarnitzki & Kraft, 2009) -External financing Long-term financial orientation (Westhead, 1997) -Financial slack (Grundström et al, 2012;Kim et al, 2008 (Niehm et al, 2010) -Management control systems (Duréndez et al, 2011;Kraus et al, 2012) -Management structures (Kraus et al, 2012) -Size effect (Craig & Dibrell, 2006;Czarnitzki & Kraft, 2004;Duréndez et al, 2011;Galve-Górriz & Salas-Fumás, 2011) -Types of customers (Gudmundson et al, 2003) (Duréndez et al, 2011) -Innovativeness (Casillas & Moreno, 2010;Cassia et al, 2012;Duréndez et al, 2011;Naldi et al, 2007;Short et al, 2009;Zellweger &am...…”

Section: R E S U L T S : a N A L Y S I S O F Determinants And Dimensimentioning

confidence: 99%

Empirical research on Innovation in Family Business: literature review and proposal of an integrative framework

Meléndez

Diéguez‐Soto

2015

RBGN

View full text Add to dashboard Cite

Objective -The objective of this paper is to present the results of a systematic literature review concerning empirical research about innovation in the Family Business (FB).Design/methodology/approach -A comprehensive literature review based on an in-depth analysis of 59 empirical studies was carried out. Findings -The revision presents an integrative framework, identifying main determinants and dimensions of innovation; and summarizes main research avenues and existing gaps, in order to guide future research.Practical implications -The paper summarizes main research progress concerning innovation in the Family Business worldwide. Consequently, it allows for better decisions by the managers of these firms.Originality/value -The study of innovation in the Family Business has emerged as a prolific research field over recent years, but current knowledge of how these firms innovate is as yet fragmented and incomplete. Consequently, there has been demand for further research concerning this field.

show abstract

Family-owned manufacturing SMEs and innovativeness: A comparison between within-family successions and external takeovers

Cited by 60 publications

References 70 publications

Innovation, dynamic capabilities and family firms operating in an emerging economy

Innovation, dynamic capabilities and family firms operating in an emerging economy

The characteristics of family firms: exploiting information on ownership, kinship, and governance using total population data

Empirical research on Innovation in Family Business: literature review and proposal of an integrative framework

Contact Info

Product

Resources

About