FAMILY FIRM NARCISSISM: CONCEPTUALISATION, MEASUREMENT, AND RELATIONSHIP TO INNOVATION

David Bendig, Lucas Kleine-Stegemann, Florian Bartels and Philipp Schã„pers
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David Bendig: Institute for Entrepreneurship, University of Münster, Germany
Lucas Kleine-Stegemann: Institute for Entrepreneurship, University of Münster, Germany
Florian Bartels: Institute for Entrepreneurship, University of Münster, Germany
Philipp Schã„pers: ��Department of Psychology, University of Münster, Germany

International Journal of Innovation Management (ijim), 2024, vol. 28, issue 03n04, 1-40

Abstract: Family firm behaviour can be a potential root of innovation in family firms. Building on the theoretical perspectives of socioemotional wealth and narcissistic organisational identification, we introduce a novel concept and new measure for family firm narcissism (FFN). We suggest that FFN influences family firms’ innovation orientation (i.e., strategic innovativeness) and realised innovation outcome (i.e., digital inventiveness). Additionally, we assume that industry IT intensity, as an indicator of environmental pressure regarding digital transformation, moderates these relationships. To test the hypotheses, we investigated a longitudinal cross-industry sample, comprising 1,302 firm-year observations of S&P 500 family firms and analysed it with regression models. The results indicate that FFN is positively related to strategic innovativeness and negatively related to digital inventiveness. We further find that industry IT spending intensity amplifies both linkages. Our study contributes to the discussion on the family innovation agenda by (1) introducing the new concept and measure for FFN and (2) underlining its controversial impact and effectiveness on two central manifestations of innovation under the boundary conditions of digital transformation.

Keywords: Family firm narcissism; strategic innovativeness; scale development; narcissistic organisational identification; socioemotional wealth (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1142/S1363919624500117

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