Slack Resources and Corporate Spending for Innovation:The Moderating Role of CEO Self-Regulation

Lee, Seunghye; Chang, Youngkyun; Oh, Won Yong

doi:10.5465/ambpp.2019.14616abstract

Cited by 1 publication

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“…In the second alternative model, we positioned the FB performance in the middle of the model-between the familiness and innovation input (assuming that increased performance may lead to more funds directed towards the innovation). Although researchers are relatively convinced that higher innovativeness leads to higher performance (Roach, Ryman, & Makani, 2016), we argue that higher FB performance leads to capital accumulation and existing of (financial) resource slacks (Kuusela, Keil, & Maula, 2017), which can be directed towards innovation input in the future (Lee, Chang, & Oh, 2019).…”

Section: Robustness Testsmentioning

confidence: 85%

Relationships between familiness, innovation and organizational performance in Polish family businesses

2020

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Familiness, perceived as family members' involvement in and influence on the functioning of the family business, constitutes the distinguishing feature of every family firm. In the paper, we empirically test the relationships between familiness, innovation input and output and organizational performance in a post‐transition economy using data from 200 Polish family firms. Our research results reveal that high levels of ownership, management and control of the firm by the family members, perceived as part of familiness, lead to increased firm performance. Second, results show that the increase in the degree of familiness lowers the innovation input. We also found out that increases in the transgenerational orientation of a family business and family–employee bonds lead to decreased innovation output and higher family business identity generate higher innovation output.

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Section: Robustness Testsmentioning

confidence: 85%