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What Determines the Innovativeness of Polish Family Firms? Empirical Results and Theoretical Puzzles

Surdej, Aleksander (2016) What Determines the Innovativeness of Polish Family Firms? Empirical Results and Theoretical Puzzles. Vezetéstudomány - Budapest Management Review, 47 (11). pp. 38-45. DOI 10.14267/VEZTUD.2016.11.05

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Abstract

This article will review and synthesize the existing research on the innovativeness of Polish family firms in order to separate universal factors that influence the degree of innovativeness of firms from the factors which distinctively influence the innovativeness of family firms. To better assess the innovation propensity of family firms the author will work out the typology by combining the variety of innovations with particular features of family firms and the industrial context. A more nuanced approach will help to understand why the academic literature is inconclusive with regards to the question of whether family firms are anti-innovative (as some authors claim), pro-innovative or ambivalent with regard to innovations. In particular it will be argued that when assessing family firms’ innovativeness special attention needs to be paid to the impact of the management of intergenerational change on the propensity to innovate, as this process relates to the capacity for investments into innovativeness and the time horizon of the owner’s decisions.

Item Type:Article
Uncontrolled Keywords:small business, family firms, innovativeness, innovation mechanisms; intergenerational change, innovation capacity, path diversity
Subjects:Management, business policy, business strategy
DOI:10.14267/VEZTUD.2016.11.05
ID Code:2521
Deposited By: Ádám Hoffmann
Deposited On:05 Dec 2016 15:59
Last Modified:21 Dec 2018 15:18

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