{"title":"家族企业创新：社会情感财富的间接效应与社会资本的作用","authors":"Michele Stasa, Ondřej Machek","doi":"10.1016/j.hitech.2023.100454","DOIUrl":null,"url":null,"abstract":"<div><p>The paper aims to examine the role of socioemotional wealth (SEW), social capital (SC), and knowledge internalization in the innovation process of family firms. It draws upon recent shortcomings of management and family business literature including the need for exploring mediators in the innovation process and innovation heterogeneity of family businesses. A serial mediation model is tested on a dataset of 198 US family firms. We found SEW to be positively related to bonding SC. In turn, bonding SC was found to enhance bridging SC and knowledge internalization. Despite a negative relationship between bonding SC and innovation output, our analysis revealed three indirect paths that demonstrate the crucial role of SEW and bonding SC in promoting innovation in family firms. Specifically, SEW increases innovation output through the sequential effect of (1) bonding SC and bridging SC, (2) bonding SC and knowledge internalization, and (3) bonding SC, bridging SC, and knowledge internalization. The implications for theory and practice are discussed.</p></div>","PeriodicalId":38944,"journal":{"name":"Journal of High Technology Management Research","volume":"34 1","pages":"Article 100454"},"PeriodicalIF":0.0000,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"5","resultStr":"{\"title\":\"Family firms' innovation: The indirect effects of socioemotional wealth and the role of social capital\",\"authors\":\"Michele Stasa, Ondřej Machek\",\"doi\":\"10.1016/j.hitech.2023.100454\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>The paper aims to examine the role of socioemotional wealth (SEW), social capital (SC), and knowledge internalization in the innovation process of family firms. It draws upon recent shortcomings of management and family business literature including the need for exploring mediators in the innovation process and innovation heterogeneity of family businesses. A serial mediation model is tested on a dataset of 198 US family firms. We found SEW to be positively related to bonding SC. In turn, bonding SC was found to enhance bridging SC and knowledge internalization. Despite a negative relationship between bonding SC and innovation output, our analysis revealed three indirect paths that demonstrate the crucial role of SEW and bonding SC in promoting innovation in family firms. Specifically, SEW increases innovation output through the sequential effect of (1) bonding SC and bridging SC, (2) bonding SC and knowledge internalization, and (3) bonding SC, bridging SC, and knowledge internalization. The implications for theory and practice are discussed.</p></div>\",\"PeriodicalId\":38944,\"journal\":{\"name\":\"Journal of High Technology Management Research\",\"volume\":\"34 1\",\"pages\":\"Article 100454\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2023-05-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"5\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of High Technology Management Research\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1047831023000044\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"Business, Management and Accounting\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of High Technology Management Research","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1047831023000044","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"Business, Management and Accounting","Score":null,"Total":0}
Family firms' innovation: The indirect effects of socioemotional wealth and the role of social capital
The paper aims to examine the role of socioemotional wealth (SEW), social capital (SC), and knowledge internalization in the innovation process of family firms. It draws upon recent shortcomings of management and family business literature including the need for exploring mediators in the innovation process and innovation heterogeneity of family businesses. A serial mediation model is tested on a dataset of 198 US family firms. We found SEW to be positively related to bonding SC. In turn, bonding SC was found to enhance bridging SC and knowledge internalization. Despite a negative relationship between bonding SC and innovation output, our analysis revealed three indirect paths that demonstrate the crucial role of SEW and bonding SC in promoting innovation in family firms. Specifically, SEW increases innovation output through the sequential effect of (1) bonding SC and bridging SC, (2) bonding SC and knowledge internalization, and (3) bonding SC, bridging SC, and knowledge internalization. The implications for theory and practice are discussed.
期刊介绍：
The Journal of High Technology Management Research promotes interdisciplinary research regarding the special problems and opportunities related to the management of emerging technologies. It advances the theoretical base of knowledge available to both academicians and practitioners in studying the management of technological products, services, and companies. The Journal is intended as an outlet for individuals conducting research on high technology management at both a micro and macro level of analysis.
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