Family-driven innovation: Resolving the paradox in family firms
De Massis A
Di Minin A
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This article presents an integrated, contingency perspective on family firm innovation called Family-Driven Innovation (FDI). The framework highlights the need for consistency between a family firm's strategic innovation decisions and its idiosyncrasies to achieve and sustain competitive advantage through innovation. This article also offers some directions for future research on FDI and serves as an introduction to this special section on family firms. © 2015 by The Regents of the University of California. All rights reserved.
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Innovation through tradition: Lessons from innovative family businesses and directions for future research De Massis A; Frattini F; Kotlar J; Petruzzelli A; Wright M (2016)In steering toward the future, innovation managers are commonly advised to dismiss the old and make way for the new. However, such "recency bias" may significantly limit a firms innovation potential and prevent it from ...
Matzler, K; Veider, V; Hautz, J; Stadler, C (2015)Previous research suggests that the distinctive nature of family firms, including both specific advantages and disadvantages related to their particular agency situation, influences innovation activities. Most studies, ...