The Impact of Family Management on Firm Technological Innovation

OLYMPUS DIGITAL CAMERA

Does family involvement in management impact the technological innovation of a firm? In a recent article published in Family Business Reviewentitled “Technological Innovation Inputs, Outputs, and Performance: The Moderating Role of Family Involvement in Management,” authors Julio Diéguez-Soto, Monsterrat Manzaneque, and Alfonso A. Rojo-Ramírez suggest that family management can hinder the research and development linked to firm technological innovation. The abstract for the paper:

The aim of this research is to study the moderating role of family management in the relationships between the intensity of research and development and the occurrence of continuous technological innovation and between the existence of technological innovation outcomes and long-term firm performance. The results show that family FBR_C1_revised authors color.inddmanagement reduces efficiency in the conversion of research and development expenses into technological innovation outcomes over time. Our findings also suggest that the influence of family management significantly contributes to improving the effect of the achievement of technological innovation on long-term performance.

You can read “Technological Innovation Inputs, Outputs, and Performance: The Moderating Role of Family Involvement in Management” from Family Business Review free for the next two weeks by clicking here. Want to know all about the latest research from Family Business Review? Click here to sign up for e-alerts!

*Image attributed to Bryan Ledgard (CC)
This entry was posted in Family Business, Innovation, Management and tagged , , , , , , by Cynthia Nalevanko, Editor, Management INK. Bookmark the permalink.

About Cynthia Nalevanko, Editor, Management INK

Founded in 1965, SAGE is the world’s leading independent academic and professional publisher. Known for our commitment to quality and innovation, SAGE has helped inform and educate a global community of scholars, practitioners, researchers, and students across a broad range of subject areas. With over 900 employees globally from principal offices in Los Angeles, London, New Delhi, Singapore, and Washington DC, our publishing programme includes more than 560 journals and over 800 books, reference works and databases a year in business, humanities, social sciences, science, technology and medicine. Believing passionately that engaged scholarship lies at the heart of any healthy society and that education is intrinsically valuable, SAGE aims to be the world’s leading independent academic and professional publisher. This means playing a creative role in society by disseminating teaching and research on a global scale, the cornerstones of which are good, long-term relationships, a focus on our markets, and an ability to combine quality and innovation. Leading authors, editors and societies should feel that SAGE is their natural home: we believe in meeting the range of their needs, and in publishing the best of their work. We are a growing company, and our financial success comes from thinking creatively about our markets and actively responding to the needs of our customers.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s