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To patent or not to patent: That is the question. Intellectual property protection in family firms
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Företagsekonomi. Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Center for Family Enterprise and Ownership (CeFEO).ORCID-id: 0000-0002-3742-542X
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Företagsekonomi. Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Center for Family Enterprise and Ownership (CeFEO). Department of Strategic Management and Entrepreneurship, Rotterdam School of Management, Erasmus University Rotterdam, Rotterdam, The Netherlands.ORCID-id: 0000-0001-8738-1915
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Företagsekonomi. Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Center for Family Enterprise and Ownership (CeFEO).ORCID-id: 0000-0002-7499-9289
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Företagsekonomi. Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Center for Family Enterprise and Ownership (CeFEO).ORCID-id: 0000-0003-0691-2740
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2018 (Engelska)Ingår i: Entrepreneurship: Theory & Practice, ISSN 1042-2587, E-ISSN 1540-6520Artikel i tidskrift (Refereegranskat) Epub ahead of print
Abstract [en]

This study examines family firms’ propensity to protect their intellectual property through patents. Building on the mixed gamble logic of the behavioral agency model, we theorize that family ownership has a U-shaped relationship with firm propensity to patent. Specifically, we argue that family firms’ desire to prevent losses of current socioemotional wealth inhibits their propensity to patent until a threshold level of family ownership, beyond which the family’s socioemotional wealth is secured and a greater focus on prospective financial gains attainable through patents is possible. We also suggest that environmental munificence moderates this nonlinear relationship such that a low-munificent environment accentuates the potentially detrimental (beneficial) effects of low-to-medium (medium-to-high) levels of family ownership on patents. We test our hypotheses on a sample of 4,198 small- and medium-sized family firms.

Ort, förlag, år, upplaga, sidor
Sage Publications, 2018.
Nyckelord [en]
Intellectual property protection, patent, innovation, environmental munificence, family firms
Nationell ämneskategori
Företagsekonomi
Identifikatorer
URN: urn:nbn:se:hj:diva-41546DOI: 10.1177/1042258718806251Lokalt ID: IHHCeFEOISOAI: oai:DiVA.org:hj-41546DiVA, id: diva2:1250336
Tillgänglig från: 2018-09-24 Skapad: 2018-09-24 Senast uppdaterad: 2019-08-21

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Chirico, FrancescoCriaco, GiuseppeBaù, MassimoNaldi, Lucia

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Chirico, FrancescoCriaco, GiuseppeBaù, MassimoNaldi, Lucia
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IHH, FöretagsekonomiIHH, Center for Family Enterprise and Ownership (CeFEO)
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Entrepreneurship: Theory & Practice
Företagsekonomi

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