How does family involvement affect innovation in China?

Qiang Liang (), Xinchun Li (), Xueru Yang (), Danming Lin () and Danhui Zheng ()

Asia Pacific Journal of Management, 2013, vol. 30, issue 3, 677-695

Abstract: This paper explores the types of family involvement in family firms and their impact on innovation performance. Drawing from our agency theoretical analysis on the structure of boards of directors and management teams and along with the resource-based view, we advance the novel proposition that what matters in the innovation process is the type of family involvement, not involvement per se. The empirical study on a sample of 102 listed family firms in China from 2005 to 2007 suggests that family involvement in boards tends to strengthen the positive relationship between R&D investment and innovation performance, whereas family involvement in management teams tends to weaken this positive relationship. Copyright Springer Science+Business Media, LLC 2013

Keywords: Family firms; Innovation; Family involvement; China (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (32)

Downloads: (external link)
http://hdl.handle.net/10.1007/s10490-012-9320-x (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:asiapa:v:30:y:2013:i:3:p:677-695

Ordering information: This journal article can be ordered from
http://www.springer. ... 29/journal/10490/PS2

DOI: 10.1007/s10490-012-9320-x

Access Statistics for this article

Asia Pacific Journal of Management is currently edited by Jane Lu

More articles in Asia Pacific Journal of Management from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().