Combining Internal and External R&D: The Effects on Innovation Performance in Family and Nonfamily Firms

被引：77
作者：
Munoz-Bullon, Fernando [1 ]
Sanchez-Bueno, Maria J. [1 ]
De Massis, Alfredo [2 ,3 ]
机构：
[1] Univ Carlos III Madrid, Dept Business Adm, Madrid, Spain
[2] Free Univ Bozen Bolzano, Fac Econ & Management, Piazza Univ 1, I-39100 Bozen Bolzano, Italy
[3] Univ Lancaster, Sch Management, Lancaster, England
来源：
ENTREPRENEURSHIP THEORY AND PRACTICE | 2020年 / 44卷 / 05期
关键词：
external R&D; family firm; innovation performance; internal R&D; open innovation; absorptive capacity; RESOURCE-BASED VIEW; ABSORPTIVE-CAPACITY; SOCIOEMOTIONAL WEALTH; TECHNOLOGICAL-INNOVATION; DEVELOPMENT INVESTMENT; KNOWLEDGE ACQUISITION; COMPETITIVE ADVANTAGE; PROPENSITY SCORE; REFERENCE POINTS; BUSINESSES;
D O I：
10.1177/1042258719879674
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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.
引用
收藏
页码：996 / 1031
页数：36
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