The ability and willingness paradox in family firm innovation
De Massis A
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SubjectInnovation management; Technological innovation; Family firms; Behavioural research; Innovation
We present a framework of how family involvement influences innovation management based on ability (discretion to act) and willingness (disposition to act), two drivers that distinguish family firms from nonfamily firms and lead to heterogeneity among family firms. Paradoxically, family firms have superior ability yet lower willingness to engage in technological innovation. Resolving this paradox should yield new insights about innovation management in general. We summarize and position the papers in this special issue according to these drivers and set out an agenda for further research that will contribute to a better understanding of family firms' heterogeneous and paradoxical behaviors. © 2014 Product Development & Management Association.
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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 ...
De Massis A; Di Minin A; Frattini F (2015)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 ...