Digital Product Innovation Within Family Firms: A Construal Level Perspective

IF 7.8 1区 管理学 Q1 BUSINESS
Paolo Capolupo, Lorenzo Ardito, Antonio Messeni Petruzzelli, Nadine Kammerlander, Alfredo De Massis
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Abstract

Digital product innovation (DPI) is critical for the survival of firms, especially those operating in traditional industrial-age industries. While research has started to investigate digital innovation in family firms (FFs) considering them as a monolithic group, we still lack a more nuanced perspective that considers heterogeneity among FFs with respect to DPI and what drives such variance. Drawing on construal level theory to explain the risk behavior and goal time horizon of FF owner-managers, we propose and find that the presence of later family generations in control positively influences DPI in FFs, while the presence of a family CEO is detrimental to DPI. Furthermore, we propose that these relationships are moderated by the size of the top management team (TMT), finding that a larger TMT weakens the positive relationship between later generations in control and DPI. We base our analysis on a longitudinal sample of 103 FFs in the automotive, industrial engineering, and pharmaceutical sectors observed from 2013 to 2020. This first empirical study applying construal level theory to the family business literature has important implications for the FF digital innovation literature and for FF owner-managers interested in achieving DPI.
家族企业的数字产品创新:构想层面的视角
数字产品创新(DPI)对企业的生存至关重要,尤其是那些在传统工业时代运营的企业。虽然已有研究开始调查家族企业(FFs)的数字创新,并将其视为一个单一的群体,但我们仍然缺乏一个更细致的视角,来考虑家族企业在数字产品创新方面的异质性,以及是什么驱动了这种差异。我们借鉴构想水平理论来解释 FF 所有者-管理者的风险行为和目标时间跨度,提出并发现家族后代的存在对 FF 的 DPI 有积极影响,而家族首席执行官的存在则对 DPI 不利。此外,我们还提出,这些关系受高层管理团队(TMT)规模的调节,发现规模较大的高层管理团队会削弱晚辈掌权与 DPI 之间的正相关关系。我们的分析基于对汽车、工业工程和制药行业 103 家 FF 的纵向抽样,观察时间为 2013 年至 2020 年。这是第一项将构想层面理论应用于家族企业文献的实证研究,对FF数字创新文献和有志于实现DPI的FF所有者-管理者具有重要意义。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
19.00
自引率
12.40%
发文量
56
期刊介绍: Entrepreneurship Theory and Practice (ETP) is an interdisciplinary scholarly journal dedicated to conceptual and empirical research that advances, tests, or extends theory relating to entrepreneurship in its broadest sense. Article Topics: Topics covered in ETP include, but are not limited to: New Venture Creation, Development, Growth, and Performance Characteristics, Behaviors, and Types of Entrepreneurs Small Business Management Family-Owned Businesses Corporate, Social, and Sustainable Entrepreneurship National and International Studies of Enterprise Creation Research Methods in Entrepreneurship Venture Financing Content: The journal publishes articles that explore these topics through rigorous theoretical development, empirical analysis, and methodological innovation. ETP serves as a platform for advancing our understanding of entrepreneurship and its implications for individuals, organizations, and society.
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