Collaborative Technology Strategies and Innovation in Family Firms

International Journal of Entrepreneurship and Innovation Management, 17(1): 8-27, 2013

23 Pages Posted: 19 Mar 2014

See all articles by Daniel Pittino

Daniel Pittino

Università degli Studi di Udine - Department of Economics

Francesca Visintin

Università degli Studi di Udine

Massimo Baù

Jonkoping University - Jonkoping International Business School (JIBS)

Paola Angela Maria Mazzurana

Università degli Studi di Udine

Date Written: March 2013

Abstract

Given the fundamental importance of innovation capabilities for firms’ competitiveness worldwide, in this paper we contribute to filling the research gap in the literature on the innovation processes carried out by family firms, focusing in particular on product innovation strategies. We first assess whether family firms, compared with non-family firms, are more likely to engage in explorative or exploitative innovation strategies; then, we focus on the way family firms manage their access to technology (technology sourcing) to pursue product innovation strategies, evaluating: (1) the extent to which family firms activate external networking strategies to carry out product/service innovation; and (2) which kind of networking strategy, exploration- or exploitation-oriented, is more likely to be implemented by family firms. Our results suggest that family firms, compared with non-family firms, rely more on exploration-oriented alliances; the technology sourcing strategy tends to shift towards exploitation goals as organizational knowledge codification and formalization take place.

Keywords: family firms, SMEs, innovation, exploration, exploitation, external technology sourcing

Suggested Citation

Pittino, Daniel and Visintin, Francesca and Baù, Massimo and Mazzurana, Paola Angela Maria, Collaborative Technology Strategies and Innovation in Family Firms (March 2013). International Journal of Entrepreneurship and Innovation Management, 17(1): 8-27, 2013, Available at SSRN: https://ssrn.com/abstract=2410225

Daniel Pittino (Contact Author)

Università degli Studi di Udine - Department of Economics ( email )

Via Tomadini 30
33100 Udine
Italy

Francesca Visintin

Università degli Studi di Udine ( email )

Via Tarcisio Petracco, Palazzo antonini, 8
Udine, 33100
Italy

Massimo Baù

Jonkoping University - Jonkoping International Business School (JIBS) ( email )

P.O. Box 1026
Jönköping, 55111
Sweden

Paola Angela Maria Mazzurana

Università degli Studi di Udine ( email )

Via Tarcisio Petracco, Palazzo antonini, 8
Udine, 33100
Italy

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