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Does family ownership affect innovation activity? A focus on the biotechnological industry

Bibliographic Data

ID11634375
AuthorsJulio Acosta-Prado (0000-0002-7920-9602, Universidad Externado de Colombia, corresponding author), Mónica Longo-Somoza (0000-0002-8635-2407, Consejería de Educación de la Junta de Castilla y León), María Belén Lozano García (0000-0001-8514-3737, Universidad de Salamanca)
Year2017
Volume27
Issue65
Pages11-23
Publication date2017-07-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInnovar (JOURNAL)
Journal identifiersISSN: 0121-5051 • E-ISSN: 2248-6968
PublisherUniversidad Nacional de Colombia (PUBLISHER • CO)
DOI10.15446/innovar.v27n65.64886
OpenAlexW2725570732
LanguageEN
Citations received1
References cited39

This paper investigates if family ownership affects the firm’s innovation activity. It characterizes familiar and innovative firms using the Resource-based View of the firm and the relevant factors to innovate and gain competitive advantages. In particular, the purpose is identifying the profile of innovative firms and analyzing if family ownership is a characteristic related to their innovative activity. To achieve this objective, we have applied a cluster analysis methodology in a sample of companies of the Spanish biotechnological industry in which innovation is core. The results show the relevance of the family characteristics on the characterization of those innovative firms, contributing to clarify the existing inconclusive literature between family and innovation, and helping stakeholders and policy-makers to make decisions about inversion or transference of knowledge which would help to improve competitiveness and promote socio-economic changes

Affect (linguistics · Business · Competitive advantage · Industrial organization · Knowledge management · Relevance (law · Resource (disambiguation · Sample (material · Corporate Finance and Governance · Entrepreneurship Studies and Influences · Family Business Performance and Succession · Marketing

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Unique citing works1
Citations per year0,5
Citation span2024 - 2024 (1)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 1

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