The paradoxical and time-varying effects of family ownership on absorptive capacity

Kotlar, Josip and De Massis, Alfredo Vittorio and Frattini, Federico and Kammerlander, N. (2017) The paradoxical and time-varying effects of family ownership on absorptive capacity. Academy of Management Best Paper Proceedings, 2016 (1).

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Abstract

We present a theory of family ownership as a driver of the heterogeneity (between-firm differences) and variability (within-firm differences over time) of absorptive capacity (AC). We introduce the concepts of motivation and implementation gaps to explain why, paradoxically, family ownership can cause both upward and downward divergences in AC.