Social capital and innovation in family firms: The moderating roles of family control and generational involvement

Valeriano Sanchez-Famoso, Daniel Pittino, Francesco Chirico, Amaia Maseda and Txomin Iturralde

Scandinavian Journal of Management, 2019, vol. 35, issue 3

Abstract: Drawing on the social capital literature, we examine whether the co-existence of distinct yet interacting social groups, namely family and non-family members, creates the conditions for increased family firm innovation. In particular, we theorize that family and non-family social capital have a joint positive effect on family firm innovation and this joint effect is stronger than the single effects of family and non-family social capital. In addition, we predict that while family control has a positive moderating effect, generational involvement has a negative moderating effect on the above-mentioned relationship. With supportive empirical results, our research makes important contributions to the existing literature.

Keywords: Social capital; Innovation; Family control; Generational involvement; Family firm (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (8)

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DOI: 10.1016/j.scaman.2019.02.002

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