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Radical innovation in (multi)family owned firms

Chirico F.
•
Duane Ireland R.
•
Pittino D.
•
Sanchez-Famoso V.
2022
  • journal article

Periodico
JOURNAL OF BUSINESS VENTURING
Abstract
By integrating organizational learning theory with the family firm literature, we seek to enhance our understanding of radical innovation in (multi)family-owned firms. We theorize that the goal diversity and path dependency that multifamily ownership creates negatively affects the positive relationship between knowledge integration and radical innovation. However, this is not the case for multifamily-owned firms in which family members embrace a commitment to change. We contend that commitment to change mitigates the negative moderating effect of multifamily ownership by ensuring the effective translation of integrated knowledge into radical innovation within the firm. Overall, our results highlight the complexity of radical innovation in (multi)family-owned firms as a product of the joint effect of knowledge integration, the number of unrelated owning families, and a commitment to change.
DOI
10.1016/j.jbusvent.2022.106194
Archivio
http://hdl.handle.net/11390/1221307
info:eu-repo/semantics/altIdentifier/scopus/2-s2.0-85125118702
https://ricerca.unityfvg.it/handle/11390/1221307
Diritti
open access
Soggetti
  • Commitment to change

  • Knowledge integration...

  • Multifamily-owned fir...

  • Radical innovation

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