Rights statement: The final, definitive version of this article has been published in the Journal, Entrepreneurship Theory and Practice, 44 (5), 2020, © SAGE Publications Ltd, 2020 by SAGE Publications Ltd at the Social Psychological and Personality Science page: https://journals.sagepub.com/home/ETP on SAGE Journals Online: http://journals.sagepub.com/
Accepted author manuscript, 1.12 MB, PDF document
Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
}
TY - JOUR
T1 - Combining internal and external R&D
T2 - The effects on innovation performance in family and non-family firms
AU - Muñoz-Bullon, F.
AU - Sanchez-Bueno, M. J.
AU - De Massis, Alfredo
N1 - The final, definitive version of this article has been published in the Journal, Entrepreneurship Theory and Practice, 44 (5), 2020, © SAGE Publications Ltd, 2020 by SAGE Publications Ltd at the Social Psychological and Personality Science page: https://journals.sagepub.com/home/ETP on SAGE Journals Online: http://journals.sagepub.com/
PY - 2020/9/1
Y1 - 2020/9/1
N2 - We examine the effect of combining internal and external R&D loci on innovation performance in family firms (FF) and nonfamily firms (non-FFs). Our longitudinal analysis of 27,438 firm-year observations of Spanish manufacturing firms from 1990 to 2016 shows that FFs can better exploit the benefits of simultaneously engaging in internal and external R&D activities, leading to a positive effect on innovation performance. Moreover, the relationship between combined internal and external R&D and innovation performance in FFs is contingent upon firm economic performance. By pointing to the importance of taking into account the combination of internal and external R&D loci to foster innovation in FFs, we challenge current family business innovation research.
AB - We examine the effect of combining internal and external R&D loci on innovation performance in family firms (FF) and nonfamily firms (non-FFs). Our longitudinal analysis of 27,438 firm-year observations of Spanish manufacturing firms from 1990 to 2016 shows that FFs can better exploit the benefits of simultaneously engaging in internal and external R&D activities, leading to a positive effect on innovation performance. Moreover, the relationship between combined internal and external R&D and innovation performance in FFs is contingent upon firm economic performance. By pointing to the importance of taking into account the combination of internal and external R&D loci to foster innovation in FFs, we challenge current family business innovation research.
U2 - 10.1177/1042258719879674
DO - 10.1177/1042258719879674
M3 - Journal article
VL - 44
SP - 996
EP - 1031
JO - Entrepreneurship Theory and Practice
JF - Entrepreneurship Theory and Practice
SN - 1042-2587
IS - 5
ER -