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 - Turning innovativeness into domestic and international corporate venturing
T2 - The moderating effect of high family ownership and influence
AU - Calabrò, Andrea
AU - Minola, Tommaso
AU - Campopiano, Giovanna
AU - Pukall, Thilo
PY - 2016
Y1 - 2016
N2 - Stemming from socioemotional wealth preservation arguments, the aim of this paper is to analyse whether high family ownership and influence moderate the relationship between innovativeness and modes of corporate venturing activities (national vs. international venturing). The main hypotheses are tested on a sample of 235 firms using structural equation modelling techniques in the form of partial least squares regression. Our main findings suggest that there is a significant positive relationship between innovativeness and corporate venturing activities, both in family and non-family firms. This relationship is much stronger for national than international corporate venturing. Moreover, high family ownership and influence negatively affect only the innovativeness-national venturing relationship, while this negative effect is less manifest for the case of international venturing.
AB - Stemming from socioemotional wealth preservation arguments, the aim of this paper is to analyse whether high family ownership and influence moderate the relationship between innovativeness and modes of corporate venturing activities (national vs. international venturing). The main hypotheses are tested on a sample of 235 firms using structural equation modelling techniques in the form of partial least squares regression. Our main findings suggest that there is a significant positive relationship between innovativeness and corporate venturing activities, both in family and non-family firms. This relationship is much stronger for national than international corporate venturing. Moreover, high family ownership and influence negatively affect only the innovativeness-national venturing relationship, while this negative effect is less manifest for the case of international venturing.
KW - Corporate entrepreneurship
KW - Corporate venturing
KW - Family business
KW - Family influence
KW - Innovativeness
KW - International corporate venturing
KW - PLS-SEM
KW - Socioemotional wealth
U2 - 10.1504/EJIM.2016.078789
DO - 10.1504/EJIM.2016.078789
M3 - Journal article
AN - SCOPUS:84987652802
VL - 10
SP - 505
EP - 533
JO - European Journal of International Management
JF - European Journal of International Management
SN - 1751-6757
IS - 5
ER -