Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/323282 
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Erscheinungsjahr: 
2024
Quellenangabe: 
[Journal:] Review of Regional Research [ISSN:] 1613-9836 [Volume:] 45 [Issue:] 1 [Publisher:] Springer [Place:] Berlin, Heidelberg [Year:] 2024 [Pages:] 17-49
Verlag: 
Springer, Berlin, Heidelberg
Zusammenfassung: 
Family firms are widely acknowledged to be the most predominant form of organization and hold a great relevance in most economies. Nevertheless, despite their popularity, research has thus far yielded inconsistent findings with regard to their innovative performance. This paper aims to address this research gap by focussing on a specific form of innovation: radical innovation. It seeks to determine the propensity of family firms to generate such innovations. Furthermore, by considering the heterogeneity between regions and firms, this paper also investigates the potential moderating effects of being located in a regional cluster and firm size. Based on various data sources, it is empirically shown that family firms are on average less capable of producing radical innovation than non-family firms. However, the corresponding regional context matters in this regard. By being located within regional clusters, family firms can reap the benefits of localization externalities, leading to produce more radical innovations than being located outside regional clusters.
Schlagwörter: 
Radical innovation
Recombinant novelty
Family firms
Regional clusters
Agglomeration
Firm size
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