Combining internal and external R&D:The effects on innovation performance in family and non-family firms

Muñoz-Bullon, F. and Sanchez-Bueno, M. J. and De Massis, Alfredo (2020) Combining internal and external R&D:The effects on innovation performance in family and non-family firms. Entrepreneurship Theory and Practice, 44 (5). pp. 996-1031. ISSN 1042-2587

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Abstract

We examine the effect of combining internal and external R&D loci on innovation performance in family firms (FF) and nonfamily firms (non-FFs). Our longitudinal analysis of 27,438 firm-year observations of Spanish manufacturing firms from 1990 to 2016 shows that FFs can better exploit the benefits of simultaneously engaging in internal and external R&D activities, leading to a positive effect on innovation performance. Moreover, the relationship between combined internal and external R&D and innovation performance in FFs is contingent upon firm economic performance. By pointing to the importance of taking into account the combination of internal and external R&D loci to foster innovation in FFs, we challenge current family business innovation research.

Item Type:
Journal Article
Journal or Publication Title:
Entrepreneurship Theory and Practice
Additional Information:
The final, definitive version of this article has been published in the Journal, Entrepreneurship Theory and Practice, 44 (5), 2020, © SAGE Publications Ltd, 2020 by SAGE Publications Ltd at the Social Psychological and Personality Science page: https://journals.sagepub.com/home/ETP on SAGE Journals Online: http://journals.sagepub.com/
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/1400/1403
Subjects:
ID Code:
135553
Deposited By:
Deposited On:
23 Jul 2019 15:25
Refereed?:
Yes
Published?:
Published
Last Modified:
01 Dec 2020 07:15