Social capital and innovation in family firms: The moderating roles of family control and generational involvement

Valeriano Sanchez-Famoso*, Daniel Pittino, Francesco Chirico, Amaia Maseda, Txomin Iturralde

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

44 Citations (Scopus)
52 Downloads (Pure)

Abstract

Drawing on the social capital literature, we examine whether the co-existence of distinct yet interacting social groups, namely family and non-family members, creates the conditions for increased family firm innovation. In particular, we theorize that family and non-family social capital have a joint positive effect on family firm innovation and this joint effect is stronger than the single effects of family and non-family social capital. In addition, we predict that while family control has a positive moderating effect, generational involvement has a negative moderating effect on the above-mentioned relationship. With supportive empirical results, our research makes important contributions to the existing literature.

Original languageEnglish
Article number101043
Pages (from-to)1-13
Number of pages13
JournalScandinavian Journal of Management
Volume35
Issue number3
DOIs
Publication statusPublished - 1 Sept 2019

Keywords

  • Family control
  • Family firm
  • Generational involvement
  • Innovation
  • Social capital

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