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Erscheinungsjahr: 
2023
Quellenangabe: 
[Journal:] Journal of Innovation & Knowledge (JIK) [ISSN:] 2444-569X [Volume:] 8 [Issue:] 2 [Article No.:] 100359 [Year:] 2023 [Pages:] 1-9
Verlag: 
Elsevier, Amsterdam
Zusammenfassung: 
Family firms face the dual challenge of succession and innovation. Based on the attention-based view, this study empirically investigates the effect of intergenerational power gap on corporate R&D investment, using a sample of Chinese listed family firms. We find that intergenerational power gap has a negative effect on corporate R&D investment, and this negative relationship is amplified in traditional industries and in firms with a low proportion of institutional ownership. Our findings have theoretical and practical implications for R&D investment in the family business succession process.
Schlagwörter: 
Family firms
Intergenerational power gap
R&D investment
JEL: 
G30
G32
O32
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