Publication type: | Article in scientific journal |
Type of review: | Peer review (publication) |
Title: | Tracing the roots of innovativeness in family SMEs : the effect of family functionality and socioemotional wealth |
Authors: | Filser, Matthias De Massis, Alfredo Gast, Johanna Kraus, Sascha Niemand, Thomas |
et. al: | No |
DOI: | 10.1111/jpim.12433 |
Published in: | Journal of Product Innovation Management |
Volume(Issue): | 35 |
Issue: | 4 |
Page(s): | 609 |
Pages to: | 628 |
Issue Date: | 31-May-2018 |
Publisher / Ed. Institution: | Wiley |
ISSN: | 0737-6782 1540-5885 |
Language: | English |
Subject (DDC): | 658.4: Executive Management |
Abstract: | By integrating literature on family functionality, family firms, and socioemotional wealth (SEW), we develop a theoretical model explaining how family functionality and SEW dimensions influence firm innovativeness. Our multigroup structural equation model on two samples of family small and medium-sized enterprises (SMEs) shows that family functionality is positively linked to SEW, whereas divergences emerge on the effect of different SEW dimensions on innovativeness. Binding social ties, the emotional attachment of family members to the firm, and the renewal of family bonds through intrafamily succession positively affect family SME innovativeness, while identification of family members with the firm has a negative effect. By deepening current understanding of the role and functionality of controlling families as determinants of their propensity to preserve SEW and achieve innovativeness, our findings offer important implications for theory and practice, paving the way for future research on SEW and family firm innovation. |
URI: | https://digitalcollection.zhaw.ch/handle/11475/17557 |
Fulltext version: | Published version |
License (according to publishing contract): | Licence according to publishing contract |
Departement: | School of Management and Law |
Organisational Unit: | Institute of Innovation and Entrepreneurship (IIE) |
Appears in collections: | Publikationen School of Management and Law |
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Filser, M., De Massis, A., Gast, J., Kraus, S., & Niemand, T. (2018). Tracing the roots of innovativeness in family SMEs : the effect of family functionality and socioemotional wealth. Journal of Product Innovation Management, 35(4), 609–628. https://doi.org/10.1111/jpim.12433
Filser, M. et al. (2018) ‘Tracing the roots of innovativeness in family SMEs : the effect of family functionality and socioemotional wealth’, Journal of Product Innovation Management, 35(4), pp. 609–628. Available at: https://doi.org/10.1111/jpim.12433.
M. Filser, A. De Massis, J. Gast, S. Kraus, and T. Niemand, “Tracing the roots of innovativeness in family SMEs : the effect of family functionality and socioemotional wealth,” Journal of Product Innovation Management, vol. 35, no. 4, pp. 609–628, May 2018, doi: 10.1111/jpim.12433.
FILSER, Matthias, Alfredo DE MASSIS, Johanna GAST, Sascha KRAUS und Thomas NIEMAND, 2018. Tracing the roots of innovativeness in family SMEs : the effect of family functionality and socioemotional wealth. Journal of Product Innovation Management. 31 Mai 2018. Bd. 35, Nr. 4, S. 609–628. DOI 10.1111/jpim.12433
Filser, Matthias, Alfredo De Massis, Johanna Gast, Sascha Kraus, and Thomas Niemand. 2018. “Tracing the Roots of Innovativeness in Family SMEs : The Effect of Family Functionality and Socioemotional Wealth.” Journal of Product Innovation Management 35 (4): 609–28. https://doi.org/10.1111/jpim.12433.
Filser, Matthias, et al. “Tracing the Roots of Innovativeness in Family SMEs : The Effect of Family Functionality and Socioemotional Wealth.” Journal of Product Innovation Management, vol. 35, no. 4, May 2018, pp. 609–28, https://doi.org/10.1111/jpim.12433.
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