Family influence and digital business model innovation:The enabling role of dynamic capabilities

Soluk, J and Miroshnychenko, Ivan and Kammerlander, N. and De Massis, Alfredo (2021) Family influence and digital business model innovation:The enabling role of dynamic capabilities. Entrepreneurship Theory and Practice, 45 (4). pp. 867-905. ISSN 1042-2587

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Abstract

New digital technologies have prompted many firms, including family firms, to innovate their business models. We study the role of dynamic capabilities as mediator in the relationship between family influence and digital business model innovation (BMI), and the moderating role of environmental dynamism. Based on unique survey data from 1,444 German firms with and without family influence, we reveal that knowledge exploitation, risk management, and marketing capabilities mediate the positive relationship between family influence and digital BMI. Surprisingly, and contrary to our assumption, we find that the positive relationship between family influence and dynamic capabilities is weakened rather than strengthened by environmental dynamism. Our findings hold important implications for family business innovation and digital BMI research, offering valuable insights into the role of dynamic capabilities and environmental dynamism in the digital economy.

Item Type:
Journal Article
Journal or Publication Title:
Entrepreneurship Theory and Practice
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/1400/1403
Subjects:
ID Code:
163232
Deposited By:
Deposited On:
09 Dec 2021 15:45
Refereed?:
Yes
Published?:
Published
Last Modified:
22 Nov 2022 10:19