The impact of family commitment on firm innovativeness: The mediating role of resource stocks

IF 9.5 1区管理学 Q1 BUSINESS Journal of Family Business Strategy Pub Date : 2023-09-01 DOI:10.1016/j.jfbs.2022.100523

Chelsea Sherlock , Clay Dibrell , Esra Memili

{"title":"The impact of family commitment on firm innovativeness: The mediating role of resource stocks","authors":"Chelsea Sherlock , Clay Dibrell , Esra Memili","doi":"10.1016/j.jfbs.2022.100523","DOIUrl":null,"url":null,"abstract":"<div><p>A variety of work has explored the firm level influences impacting innovativeness in family firms, yet little emphasis has been placed on the effect of the business family on family firm innovativeness. Drawing on the resource-based view and family commitment literatures, this analysis answers recent calls to consider the simultaneous influence the family system and the business system have on entrepreneurial activities. Using primary data, we study 275 family firms from multiple countries, to enhance our understanding of the fundamentals of family firm entrepreneurship. Specifically, we examine how family commitment influences family firm resource stocks (i.e., human, social, and financial), which consequently impact the entrepreneurial family firm outcome, innovativeness. Our findings suggest that some resource stocks (i.e., human and social capitals) mediate this relationship, whereas another resource stock (i.e., financial capital) does not. Our analysis demonstrates the differential impact of the disparate forms of capital on family firms’ innovativeness.</p></div>","PeriodicalId":47661,"journal":{"name":"Journal of Family Business Strategy","volume":"14 3","pages":"Article 100523"},"PeriodicalIF":9.5000,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Family Business Strategy","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S187785852200047X","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}

引用次数: 2

Abstract

A variety of work has explored the firm level influences impacting innovativeness in family firms, yet little emphasis has been placed on the effect of the business family on family firm innovativeness. Drawing on the resource-based view and family commitment literatures, this analysis answers recent calls to consider the simultaneous influence the family system and the business system have on entrepreneurial activities. Using primary data, we study 275 family firms from multiple countries, to enhance our understanding of the fundamentals of family firm entrepreneurship. Specifically, we examine how family commitment influences family firm resource stocks (i.e., human, social, and financial), which consequently impact the entrepreneurial family firm outcome, innovativeness. Our findings suggest that some resource stocks (i.e., human and social capitals) mediate this relationship, whereas another resource stock (i.e., financial capital) does not. Our analysis demonstrates the differential impact of the disparate forms of capital on family firms’ innovativeness.

查看原文

微信好友朋友圈 QQ好友复制链接

本刊更多论文

家庭承诺对企业创新能力的影响:资源股的中介作用

许多工作探讨了企业层面对家族企业创新能力的影响，但很少强调企业家族对家族企业的创新能力的作用。根据基于资源的观点和家庭承诺文献，本分析回应了最近的呼吁，即考虑家庭制度和商业制度对创业活动的同时影响。利用原始数据，我们研究了来自多个国家的275家家族企业，以增强我们对家族企业创业基本原理的理解。具体而言，我们研究了家庭承诺如何影响家族企业资源存量（即人力、社会和财务），从而影响家族企业的创业成果和创新性。我们的研究结果表明，一些资源存量（即人力资本和社会资本）介导了这种关系，而另一种资源存量（如金融资本）则没有。我们的分析证明了不同形式的资本对家族企业创新能力的不同影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文去求助

来源期刊

Journal of Family Business Strategy Multiple-

CiteScore

11.40

自引率

19.40%

发文量

期刊介绍： The Journal of Family Business Strategy takes an international perspective, providing a platform for research that advances our understanding of family businesses. Welcoming submissions across various dimensions, the journal explores the intricate interplay between family dynamics and business operations, contributing new insights to this specialized field.