Family Assets and Liabilities in the Innovation Process

被引:49
作者
Bennedsen, Morten
Foss, Nicolai [1 ,2 ]
机构
[1] Copenhagen Business Sch, Dept Strategy & Globalizat, Strategy & Org, Copenhagen, Denmark
[2] Norwegian Sch Econ, Trondheim, Norway
关键词
Family Firms; Innovation; Family Assets; Corporate Governance; NETWORK POSITION; FIRMS; CAPABILITIES; MOTIVATION; PERSPECTIVE; BUSINESSES; GOVERNANCE; SYSTEMS; ABILITY; AGENCY;
D O I
10.1525/cmr.2015.58.1.65
中图分类号
F [经济];
学科分类号
02 ;
摘要
Innovation in family firms is often driven by family assets, valuable resources that are particularly prevalent in family firms. For example, they have particularly strong networks that can be deployed in an innovation context. These family assets can over time atrophy and stifle rather than stimulate innovation performance. However, family firms can fight this process by institutionalizing innovation within the family and the firm by means of family and corporate governance and through incentivizing key individuals in the innovation process.
引用
收藏
页码:65 / 81
页数:17
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