Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - The ability and willingness paradox in family firm innovation
AU - Chrisman, James J.
AU - Chua, Jess
AU - De Massis, Alfredo
AU - Frattini, Federico
AU - Wright, Mike
N1 - Authors' names listed in alphabetical order, with all authors having contributed equally
PY - 2015/4
Y1 - 2015/4
N2 - We present a framework of how family involvement influences innovation management based on ability (discretion to act) and willingness (disposition to act), two drivers that distinguish family firms from non-family firms and lead to heterogeneity among family firms. Paradoxically, family firms have superior ability yet lower willingness to engage in technological innovation. Resolving this paradox should yield new insights about innovation management in general. We summarize and position the papers in this special issue according to these drivers and set out an agenda for further research that will contribute to a better understanding of family firms’ heterogeneous and paradoxical behaviors.
AB - We present a framework of how family involvement influences innovation management based on ability (discretion to act) and willingness (disposition to act), two drivers that distinguish family firms from non-family firms and lead to heterogeneity among family firms. Paradoxically, family firms have superior ability yet lower willingness to engage in technological innovation. Resolving this paradox should yield new insights about innovation management in general. We summarize and position the papers in this special issue according to these drivers and set out an agenda for further research that will contribute to a better understanding of family firms’ heterogeneous and paradoxical behaviors.
KW - family business
KW - innovation
KW - family firms
KW - paradox
KW - ability
KW - willingness
KW - new products
U2 - 10.1111/jpim.12207
DO - 10.1111/jpim.12207
M3 - Journal article
VL - 32
SP - 310
EP - 318
JO - The Journal of Product Innovation Management
JF - The Journal of Product Innovation Management
SN - 0737-6782
IS - 3
ER -