Felipe Hernández-Perlines , Alicia Blanco-González , Giorgia Miotto
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Innovation in family businesses: Exploring the influence of entrepreneurial orientation and absorptive capacity on innovative capacity
Firms’ innovation positively affects their competitiveness and thus their financial performance. To bridge the research gap in the theoretical framework of dynamic capabilities and respond to the call for papers to explore new ways of analyzing innovation in family businesses, this study investigates how entrepreneurial orientation and absorptive capacity influence innovative capacity in family firms. Data from 156 family firms are analyzed using the theoretical framework of dynamic capabilities and structural equation modeling. The results reveal that both entrepreneurial orientation and absorptive capacity influence innovative capacity and that this influence is greater when both capabilities act together than when they act individually. This study confirms that entrepreneurial orientation and absorptive capacity are antecedents of innovative capacity. Moreover, entrepreneurial orientation has a greater influence on innovative capacity than absorptive capacity does.
期刊介绍:
The Journal of Innovation and Knowledge (JIK) explores how innovation drives knowledge creation and vice versa, emphasizing that not all innovation leads to knowledge, but enduring innovation across diverse fields fosters theory and knowledge. JIK invites papers on innovations enhancing or generating knowledge, covering innovation processes, structures, outcomes, and behaviors at various levels. Articles in JIK examine knowledge-related changes promoting innovation for societal best practices.
JIK serves as a platform for high-quality studies undergoing double-blind peer review, ensuring global dissemination to scholars, practitioners, and policymakers who recognize innovation and knowledge as economic drivers. It publishes theoretical articles, empirical studies, case studies, reviews, and other content, addressing current trends and emerging topics in innovation and knowledge. The journal welcomes suggestions for special issues and encourages articles to showcase contextual differences and lessons for a broad audience.
In essence, JIK is an interdisciplinary journal dedicated to advancing theoretical and practical innovations and knowledge across multiple fields, including Economics, Business and Management, Engineering, Science, and Education.