Innovation and internationalisation during times of economic growth, crisis, and recovery prior to Covid-19: A configurational approach comparing Spanish manufacturing family and non-family firms

José Francisco Tragant Espeche, María Sacristán-Navarro, José Ángel Zúñiga-Vicente and Nuno Fernandes Crespo

Journal of Family Business Strategy, 2023, vol. 14, issue 1

Abstract: Based primarily on the Resource-Based View and prior evidence, this study gauges the potential differences in innovative behaviour between international family firms and non-family firms when conditions change drastically in the business environment (i.e. from a situation of economic growth to one of downturn, and then to recovery). The research setting is a large sample of Spanish manufacturing firms between 2007 and 2016 (i.e. pre-Covid-19). During this period (2009–2013), the global economic and financial crisis affected Spain. Thus, three sub-periods are distinguished in the empirical analysis: growth, crisis, and recovery. Using Qualitative Comparative Analysis, our findings show that the paths of innovation activities that promote internationalisation via exporting in family and non-family firms are somewhat dissimilar in each sub-period, supporting the argument that the causal effect of innovation on internationalisation is heavily dependent on environmental conditions. Compared to non-family firms, our results show that when family firms internationalise, they follow a wide variety and more stable number of paths in innovation activities. Our findings also provide additional evidence to support the argument of heterogeneity among family firms.

Keywords: Innovation; Internationalisation; Family and non-family firms; Crisis and recovery; Crisp-set qualitative comparative analysis (csQCA); Fuzzy-set qualitative comparative analysis (fsQCA) (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1016/j.jfbs.2022.100513

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