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Radical Innovation in (Multi)family Owned Firms
Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO).ORCID iD: 0000-0002-3742-542X
Jönköping University, Jönköping International Business School, JIBS, Business Administration. Jönköping University, Jönköping International Business School, JIBS, Centre for Family Entrepreneurship and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).ORCID iD: 0000-0002-8203-4655
2022 (English)In: Journal of Business Venturing, ISSN 0883-9026, E-ISSN 1873-2003, Vol. 37, no 3, article id 106194Article in journal (Refereed) Published
Abstract [en]

By integrating organizational learning theory with the family firm literature, we seek to enhance our understanding of radical innovation in (multi)family-owned firms. We theorize that the goal diversity and path dependency that multifamily ownership creates negatively affects the positive relationship between knowledge integration and radical innovation. However, this is not the case for multifamily-owned firms in which family members embrace a commitment to change. We contend that commitment to change mitigates the negative moderating effect of multifamily ownership by ensuring the effective translation of integrated knowledge into radical innovation within the firm. Overall, our results highlight the complexity of radical innovation in (multi)family-owned firms as a product of the joint effect of knowledge integration, the number of unrelated owning families, and a commitment to change.

Place, publisher, year, edition, pages
Elsevier, 2022. Vol. 37, no 3, article id 106194
Keywords [en]
Multifamily-owned firms, radical innovation, knowledge integration, commitment to change
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-55787DOI: 10.1016/j.jbusvent.2022.106194ISI: 000795314200003Scopus ID: 2-s2.0-85125118702Local ID: HOA;intsam;1634648OAI: oai:DiVA.org:hj-55787DiVA, id: diva2:1634648
Available from: 2022-02-03 Created: 2022-02-03 Last updated: 2022-05-30Bibliographically approved

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Chirico, FrancescoPittino, Daniel

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