Product innovation and firm's growth in family firms: a quantile regression approach
Marco Cucculelli
International Journal of Entrepreneurship and Innovation Management, 2013, vol. 17, issue 1/2/3, 124-141
Abstract:
This study contributes to the recent empirical literature that deals with a firm's innovation-performance relationship by investigating the effect that a product introduction has on a firm's growth in a sample of Italian family-run enterprises. Using a quantile regression approach, we observe that innovation is crucial for high-growth firms, but only for those with low family influence on the process of decision making concerning the introduction of a new product.
Keywords: new product introduction; NPI; product innovation; family firms; firm growth; quantile regression; family businesses; firm performance; Italy; decision making. (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijeima:v:17:y:2013:i:1/2/3:p:124-141
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