TY - JOUR

T1 - Product innovation in family versus nonfamily firms

T2 - an exploratory analysis

AU - De Massis, Alfredo

AU - Frattini, Federico

AU - Pizzurno, Emanuele

AU - Cassia, Lucio

PY - 2015/1

Y1 - 2015/1

N2 - How family firms manage product innovation remains an overlooked topic in existing business research. This happens despite the fact that family businesses play a crucial role across all economies, and they often use technological innovation to nurture their competitive advantage. By drawing upon the resource-based view of the firm as well as agency, stewardship, and behavioral theories and using empirical evidence gathered through a multiple case study, the paper studies how and why the anatomy of the product innovation process differs between family and nonfamily firms. The analysis shows that family businesses differ from nonfamily ones as regards product innovation strategies and organization of the innovation process.

AB - How family firms manage product innovation remains an overlooked topic in existing business research. This happens despite the fact that family businesses play a crucial role across all economies, and they often use technological innovation to nurture their competitive advantage. By drawing upon the resource-based view of the firm as well as agency, stewardship, and behavioral theories and using empirical evidence gathered through a multiple case study, the paper studies how and why the anatomy of the product innovation process differs between family and nonfamily firms. The analysis shows that family businesses differ from nonfamily ones as regards product innovation strategies and organization of the innovation process.

U2 - 10.1111/jsbm.12068

DO - 10.1111/jsbm.12068

M3 - Journal article

VL - 53

SP - 1

EP - 36

JO - Journal of Small Business Management

JF - Journal of Small Business Management

SN - 0047-2778

IS - 1

ER -