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Innovation motives in family firms: A transgenerational view

Diaz-Moriana, Vanessa, Clinton, Eric orcid logoORCID: 0000-0002-3888-8194, Kammerlander, Nadine, Lumpkin, G.T. and Craig, Justin B. (2018) Innovation motives in family firms: A transgenerational view. Entrepreneurship Theory And Practice, 44 (2). pp. 256-287. ISSN 1042-2587

Abstract
Drawing on the transgenerational entrepreneurship perspective, we employ a multiple case study approach to investigate why multigenerational family firms innovate. The data collection process drew upon five in-depth cases comprising 42 semistructured interviews, 25 participant observa- tions, and several thousand pages of historical data dating from 1916 to 2017. We find patterns on how the firms’ long-term view—embracing both the past and the future—influences the innovation motives of these firms. Specifically, we identify three innovation patterns: conserving, persisting and legacy-building. We introduce a set of propositions and a framework linking long-term orientation dimensions to innovation motives and innovation outcomes. Our research thus contributes to a more fine-grained understanding of innovation behavior in family firms.
Metadata
Item Type:Article (Published)
Refereed:Yes
Uncontrolled Keywords:innovation, long-term orientation, family business, transgenerational entrepreneurship
Subjects:Business > Family Business
DCU Faculties and Centres:DCU Faculties and Schools > DCU Business School
Research Initiatives and Centres > National Centre for Family Business
Publisher:Sage Publishing
Official URL:https://doi.org/10.1177/1042258718803051
Copyright Information:© 2018 Sage
Use License:This item is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 3.0 License. View License
ID Code:24458
Deposited On:14 May 2020 14:56 by Eric Clinton . Last Modified 26 Feb 2024 09:59
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