BUSINESS ENVIRONMENT FAILURES AND FIRM INNOVATIVENESS: DOES FAMILY INVOLVEMENT PLAY A ROLE?

Mohamed Bouamama, Amira Hammouda, Sami Basly and Houda Zian
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Mohamed Bouamama: IRGO - Institut de Recherche en Gestion des Organisations - UB - Université de Bordeaux - Institut d'Administration des Entreprises (IAE) - Bordeaux
Amira Hammouda: ENSAM - École Nationale Supérieure d'Arts et Métiers, UPEC UP12 - Université Paris-Est Créteil Val-de-Marne - Paris 12
Sami Basly: CEROS - Centre d'Etudes et de Recherches sur les Organisations et la Stratégie - UPN - Université Paris Nanterre, MEMIAD - Management, économie, modélisation, informatique et aide à la décision [UR7_3] - UA - Université des Antilles
Houda Zian: Audencia Business School

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Abstract: This study examines the impact of business environment failures on the innovation of family businesses in Morocco, analyzing the moderating role of family involvement in the company. Based on a sample of 281 family businesses that participated in the 2019 Enterprise Survey conducted by the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the World Bank Group (WBG), the results reveal that institutional failures, such as regulatory constraints and limited access to financial resources, significantly hinder the innovation of family businesses. However, active family involvement in management fosters innovation, while family ownership has no significant effect. The study highlights that family businesses managed by family members develop adaptive and resilient strategies, enabling them to better overcome institutional constraints and seize innovation opportunities in a challenging environment.

Keywords: Innovation; business environment; family businesses; family involvement. (search for similar items in EconPapers)
Date: 2025-04-14
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Published in Revue française de gouvernance d'entreprise, 2025, volume 30-31 (2024)

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05033127

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