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Old but Sold? Innovation Through Tradition Strategy for Export and the Role of Family Involvement 老了但卖了?传统创新出口战略与家族参与的作用
IF 12 1区 管理学
Journal of Product Innovation Management Pub Date : 2026-10-16 Epub Date: 2025-07-08 DOI: 10.1111/jpim.12796
Ivan Miroshnychenko, Lorenzo Ardito, Paolo Capolupo, Antonio Messeni Petruzzelli
{"title":"Old but Sold? Innovation Through Tradition Strategy for Export and the Role of Family Involvement","authors":"Ivan Miroshnychenko,&nbsp;Lorenzo Ardito,&nbsp;Paolo Capolupo,&nbsp;Antonio Messeni Petruzzelli","doi":"10.1111/jpim.12796","DOIUrl":"https://doi.org/10.1111/jpim.12796","url":null,"abstract":"<p>Despite the notable body of research, the family firm (FF) internationalization literature has overlooked the role of innovation strategies in explaining FFs' export performance. We focus on the innovation through tradition (ITT) strategy—specifically, the degree to which a firm leverages its firm-specific, mature (i.e., past) knowledge in the innovation search and recombination process. This strategy is particularly relevant for FFs as it can have ambivalent effects on export performance. On the one hand, it may ease the liability of foreignness; on the other, it could exacerbate it, creating tensions that firms must carefully navigate. Drawing from the socioemotional wealth perspective, we argue that FFs will be more prone to adopt an ITT strategy. However, the extent to which they will be able to reap the advantages or suffer the constraints of such a strategy for export depends on the particular type of family governance. Specifically, we contend that family managers will have a positive moderating effect on the relationship between the degree to which a firm leverages firm-specific mature knowledge and export intensity thanks to their direct involvement and operational control over innovation activities. Conversely, family owners lacking this direct involvement will have a negative moderating effect on this relationship. Our analyses, based on a global longitudinal sample of 134 listed firms in the automotive and pharma/biotech industries observed from 2008 to 2020, support our hypotheses. Our results contribute to the nexus of the FF internationalization and FF innovation literature streams, the ITT research in FFs, and the broader internationalization literature.</p>","PeriodicalId":16900,"journal":{"name":"Journal of Product Innovation Management","volume":"43 6","pages":"1014-1033"},"PeriodicalIF":12.0,"publicationDate":"2026-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jpim.12796","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149205414","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Simulating competitive collocation strategies with deep reinforcement learning 用深度强化学习模拟竞争搭配策略
IF 11.6 1区 管理学
Journal of International Business Studies Pub Date : 2026-10-16 DOI: 10.1057/s41267-026-00914-2
Roman Gwosdilin,Thomas Lindner,Michael Wolfesberger
{"title":"Simulating competitive collocation strategies with deep reinforcement learning","authors":"Roman Gwosdilin,Thomas Lindner,Michael Wolfesberger","doi":"10.1057/s41267-026-00914-2","DOIUrl":"https://doi.org/10.1057/s41267-026-00914-2","url":null,"abstract":"Abstract This paper introduces a simulation model based on deep reinforcement learning to study competitive collocation strategies of two internationalizing firms. Drawing on the strategic interaction and competitive collocation literature in IB, we explore the factors determining the performance-optimizing degree of collocation in market-seeking internationalization for a duopoly in product markets. Our simulation suggests that a high degree of collocation between the two firms is optimal in many circumstances. Whereas mid-to-high levels of collocation are driven by low competitive intensity, low entry barriers, low home-market size, and high market-size variation, complete collocation emerges under high competitive intensity, low first-mover advantage, and smaller home-market size. High entry barriers, combined with low variation in market size and strong liabilities of foreignness, drive the opposite case of complete mutual avoidance. A key takeaway from the simulation is a focus on the competing firm in global expansion: in many cases, it becomes key to limit the rival’s growth options and to enter key markets before access becomes more restricted. We discuss the possibilities of using computer-simulation-based approaches to theorizing on internationalization.","PeriodicalId":48453,"journal":{"name":"Journal of International Business Studies","volume":"32 1","pages":""},"PeriodicalIF":11.6,"publicationDate":"2026-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149210597","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Beyond Disclosure: Sustainable Finance Regulation and the Pricing of ESG Performance in Mature Capital Markets 超越披露:成熟资本市场中可持续金融监管与ESG绩效定价
IF 13.4 1区 管理学
Business Strategy and The Environment Pub Date : 2026-10-16 DOI: 10.1002/bse.71692
Nicola Del Sarto
{"title":"Beyond Disclosure: Sustainable Finance Regulation and the Pricing of ESG Performance in Mature Capital Markets","authors":"Nicola Del Sarto","doi":"10.1002/bse.71692","DOIUrl":"https://doi.org/10.1002/bse.71692","url":null,"abstract":"This study examines whether and under what conditions Environmental, Social, and Governance (ESG) performance becomes financially meaningful in mature capital markets. Using a longitudinal transatlantic panel of large firms listed in the EURO STOXX 50 and S&amp;P 100 over the period 2015–2024, we analyse the within‐firm association between lagged ESG performance, market valuation, and accounting profitability. We further examine whether this relationship changes around the 2018 EU Action Plan on Financing Sustainable Growth and the 2021 implementation of the Sustainable Finance Disclosure Regulation, and whether ESG controversies moderate the financial relevance of ESG performance. Firm and year fixed‐effect models show that improvements in ESG performance are positively but only weakly associated with Tobin's <jats:italic>Q</jats:italic> , whereas no systematic relationship emerges with accounting profitability. Policy interaction models and a dynamic event study provide no evidence of a discrete strengthening of the ESG–valuation relationship for EU‐domiciled firms relative to US‐domiciled firms following the selected regulatory milestones. ESG controversies are directionally associated with weaker ESG value relevance, although the evidence is more pronounced for profitability than for market valuation. Moreover, the Environmental, Social, and Governance pillars are not statistically distinguishable from one another. Among large and highly visible firms, sustainable finance regulation may operate as institutional codification and credibility infrastructure rather than as an abrupt valuation shock, although the evidence is equally consistent with limited statistical power and with measurement error in a domicile‐based indicator of regulatory exposure. The results highlight the conditional and statistically fragile nature of ESG value relevance and should be generalized cautiously beyond institutionally mature capital markets.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"32 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149198918","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Between Financial and Socioemotional Wealth: Navigating Knotted Tensions in Family Business Innovation 在财务财富和社会情感财富之间:在家族企业创新中驾驭错综复杂的紧张关系
IF 12 1区 管理学
Journal of Product Innovation Management Pub Date : 2026-10-16 Epub Date: 2025-08-26 DOI: 10.1111/jpim.12805
Elias Hadjielias, Michael Christofi, Carlotta Benedetti
{"title":"Between Financial and Socioemotional Wealth: Navigating Knotted Tensions in Family Business Innovation","authors":"Elias Hadjielias,&nbsp;Michael Christofi,&nbsp;Carlotta Benedetti","doi":"10.1111/jpim.12805","DOIUrl":"https://doi.org/10.1111/jpim.12805","url":null,"abstract":"<p>Current research on family business innovation tends to isolate individual tensions for analysis, while in reality, these tensions often arise in complex entanglements. To fill this research void, we focus on understanding how multiple tensions occur in the innovation process, how these tensions are entangled, and how they are managed. We turn to the financial wealth–socioemotional wealth [FW-SEW] trade-off, which is a useful lens for understanding how family managers address tensions in a family business. We draw on a semi-grounded multiple case study research that includes 51 in-depth interviews across six private Cypriot family businesses. To assist in interpretation and analysis and enhance the robustness of our findings, we triangulate our data with 53 observations and 288 documents across the cases. We identify three knotted innovation tensions sensed by family managers based on the FW-SEW trade-off: inclusive innovation, stewardship-focused innovation, and family routine innovation tensions. Our findings also reveal three corresponding strategies for managing knotted innovation tensions—controlled inclusivity, family-driven responsible innovation, and fostering family-business harmony—each aimed at balancing FW and SEW priorities. Our study re-conceptualizes innovation tension management in the family business as entanglements of multiple tensions that must be properly sensed and managed.</p>","PeriodicalId":16900,"journal":{"name":"Journal of Product Innovation Management","volume":"43 6","pages":"867-890"},"PeriodicalIF":12.0,"publicationDate":"2026-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jpim.12805","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149206126","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The missing layer: decision integrity as a verifiable assurance layer in interpretive clinical artificial intelligence. 缺失层:作为解释性临床人工智能可验证保障层的决策完整性。
IF 7.1 2区 医学
Journal of the American Medical Informatics Association Pub Date : 2026-10-16 DOI: 10.1093/jamia/ocag152
James Thornton, Joshua M Henderson
{"title":"The missing layer: decision integrity as a verifiable assurance layer in interpretive clinical artificial intelligence.","authors":"James Thornton, Joshua M Henderson","doi":"10.1093/jamia/ocag152","DOIUrl":"https://doi.org/10.1093/jamia/ocag152","url":null,"abstract":"<p><strong>Objective: </strong>Interpretive clinical artificial intelligence (AI), in which a clinician interprets an image or signal and an AI system offers a competing or confirming read, is increasingly routine in radiology, pathology, dermatology, and endoscopy. Oversight of these systems assumes that independent human judgment occurred before AI influence entered the decision. The informatics infrastructure, meaning the electronic health record, its audit logs, and the reporting systems built on them, does not verify this.</p><p><strong>Discussion: </strong>We name the missing assurance layer decision integrity, situate it between cybersecurity verification and clinical quality review, and argue it is a measurement construct distinct from diagnostic accuracy. Drawing on the logic of preregistration, we propose a candidate architecture, a minimal six-event record under sequential disclosure, preserving tamper-evident evidence of pre-AI judgment, post-AI revision, and rationale.</p><p><strong>Conclusion: </strong>The architecture is a candidate for evaluation, not a validated standard; its purpose is to make clinician independence auditable rather than assumed.</p>","PeriodicalId":50016,"journal":{"name":"Journal of the American Medical Informatics Association","volume":" ","pages":""},"PeriodicalIF":7.1,"publicationDate":"2026-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149207978","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"医学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Therapeutic silencescapes: the production and consumption of silence in tourism 治疗性沉默逃避:旅游中沉默的生产与消费
IF 9.8 3区 管理学
Tourism Geographies Pub Date : 2026-10-16 DOI: 10.1080/14616688.2026.2749426
Karolina Doughty
{"title":"Therapeutic silencescapes: the production and consumption of silence in tourism","authors":"Karolina Doughty","doi":"10.1080/14616688.2026.2749426","DOIUrl":"https://doi.org/10.1080/14616688.2026.2749426","url":null,"abstract":"","PeriodicalId":48115,"journal":{"name":"Tourism Geographies","volume":"3 1","pages":"1-18"},"PeriodicalIF":9.8,"publicationDate":"2026-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149210630","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
From ESG orientation to sustainable enterprise value creation: the role of digital innovation capability 从ESG导向到可持续企业价值创造:数字化创新能力的作用
IF 6.5 3区 管理学
Journal of Enterprise Information Management Pub Date : 2026-10-16 DOI: 10.1108/jeim-06-2026-1064
Catherine Prentice,Ishfaq Bhat
{"title":"From ESG orientation to sustainable enterprise value creation: the role of digital innovation capability","authors":"Catherine Prentice,Ishfaq Bhat","doi":"10.1108/jeim-06-2026-1064","DOIUrl":"https://doi.org/10.1108/jeim-06-2026-1064","url":null,"abstract":"Purpose Drawing on institutional, dynamic capability, and social cognitive theories, this study examines the effects of environmental, social, and governance (ESG ) orientation, institutional pressure, and entrepreneurial self-efficacy on sustainable entrepreneurial outcomes through Digital Innovation Capability (DIC). Design/methodology/approach Data were collected from 673 entrepreneurs across manufacture and service sectors. The study employs various statistical analyses to analyse the proposed relationships and evaluate the mediation role of digital Innovation Capability in linking the antecedent factors to Sustainable Entrepreneurial Performance and Long-term Value Creation. Findings The findings confirm the mediation of digital innovation capability in the relationships between ESG orientation, institutional pressure, entrepreneurial self-efficacy, and the two outcome variables. Among the antecedents, ESG orientation exerts the strongest influence on digital innovation capability, followed by institutional pressure and entrepreneurial self-efficacy. Practical implications The study shows that long-term value creation depends on a distinct configuration of the same antecedents, in which institutional pressure retains a direct, legitimacy-based path alongside the capability-mediated route, indicating that durable value creation is not governed by the same mechanism as current-period performance. Originality/value The study advances understanding by differentiating a capability-mediated pathway from a legitimacy-mediated pathway through which ESG orientation, institutional pressure, and entrepreneurial self-efficacy contribute to sustainable performance and long-term value creation. The results indicate these pathways exert distinct effects across outcomes rather than functioning as a uniform explanatory mechanism.","PeriodicalId":47889,"journal":{"name":"Journal of Enterprise Information Management","volume":"3 1","pages":"1-26"},"PeriodicalIF":6.5,"publicationDate":"2026-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149210741","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A Betrayal in the Family: An Inhibitor or Stimulus for Business Model Innovation? 家族背叛:商业模式创新的抑制因素还是刺激因素?
IF 12 1区 管理学
Journal of Product Innovation Management Pub Date : 2026-10-16 Epub Date: 2025-09-27 DOI: 10.1111/jpim.70010
Md Imtiaz Mostafiz, Nazha Gali, Farhad Uddin Ahmed, Mathew Hughes
{"title":"A Betrayal in the Family: An Inhibitor or Stimulus for Business Model Innovation?","authors":"Md Imtiaz Mostafiz,&nbsp;Nazha Gali,&nbsp;Farhad Uddin Ahmed,&nbsp;Mathew Hughes","doi":"10.1111/jpim.70010","DOIUrl":"https://doi.org/10.1111/jpim.70010","url":null,"abstract":"<div>\u0000 \u0000 \u0000 <section>\u0000 \u0000 <h3> Academic Summary</h3>\u0000 \u0000 <p>Business-focused betrayals perpetrated by family members in managerial and decision-making positions can devastate family businesses, questioning their assumptions about trust and how they conduct the business. Such betrayals ignite tensions between family and business logics, potentially causing paralysis and protection of the status quo or compelling innovation of its strategies and operations—its business model. We draw on two contrasting perspectives to examine this tension: the threat rigidity thesis suggests that betrayal inhibits business model innovation by inducing fear of failure (an emotional familial response); organizational learning theory suggests that betrayal stimulates business model innovation by prompting knowledge development (an impassive business response). Relying on a sample of family businesses from India (<i>n</i> = 221) and Bangladesh (<i>n</i> = 289), our results support the latter perspective. Our study provides a theoretical foundation for the relationship between business-focused betrayal and business model innovation, revealing new mediating mechanisms and new insights into when and why the coupling of family and business logic prompts or impedes change.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Managerial Summary</h3>\u0000 \u0000 <p>Betrayal within family businesses resulting from the actions of family members in leadership or decision-making positions can strike at the heart of trust and stability. Such moments often provoke powerful emotional reactions that lead to defensiveness, strained relationships, and resistance to change. Yet our findings reveal a more complex reality: betrayal can become a powerful catalyst for business model innovation. Rather than inherently damaging the family business, betrayal can disrupt entrenched routines, compel family business leaders to reassess priorities, and push family firms to explore new strategies, new practices, and innovative business models. The key to this innovation lies in reframing betrayal not as a threat, but as an opening for organizational learning, innovation, and growth. By acknowledging this dual nature, family firms can transform betrayal-induced adversity into momentum. Doing so enables them to navigate emotional familial responses with impassive business responses that drive innovation to restore the strength, resilience, and competitiveness of the family business in time.</p>\u0000 </section>\u0000 </div>","PeriodicalId":16900,"journal":{"name":"Journal of Product Innovation Management","volume":"43 6","pages":"993-1013"},"PeriodicalIF":12.0,"publicationDate":"2026-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jpim.70010","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149206222","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Routinized Deference: Predictive Screening and Bureaucratic Capacity in Child Protective Services 常规服从:儿童保护服务的预测性筛选和官僚能力
IF 4.2 1区 管理学
Journal of Public Administration Research and Theory Pub Date : 2026-10-16 DOI: 10.1093/jopart/muag032
Jiaen Wu
{"title":"Routinized Deference: Predictive Screening and Bureaucratic Capacity in Child Protective Services","authors":"Jiaen Wu","doi":"10.1093/jopart/muag032","DOIUrl":"https://doi.org/10.1093/jopart/muag032","url":null,"abstract":"Abstract Predictive algorithms are increasingly used to support frontline decision-making in public administration, but evidence remains limited on how they affect bureaucratic capacity. This study examines county-level adoption of predictive screening tools in U.S. Child Protective Services using NCANDS data (2010–2023) and a stacked difference-in-differences design. Leveraging staggered adoption, I find no change in the total number of investigations opened and a sizable decline (about 15%) in the share of investigations that are substantiated. These results are inconsistent with operational capacity gains and more consistent with misclassification that erodes analytical capacity. These findings are consistent with a mechanism of routinized deference: under workload and accountability pressures, algorithmic recommendations can become procedurally defensible defaults. Overall, this study argues that predictive screening is not capacity-enhancing by default, as routinized deference can undermine the professional judgment central to bureaucratic work.","PeriodicalId":48366,"journal":{"name":"Journal of Public Administration Research and Theory","volume":"1 1","pages":""},"PeriodicalIF":4.2,"publicationDate":"2026-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149210679","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Managing Innovation in the Entrepreneurial Family Galaxy: Toward a New Research Agenda 创业家族星系中的管理创新:迈向新的研究议程
IF 12 1区 管理学
Journal of Product Innovation Management Pub Date : 2026-10-16 Epub Date: 2026-09-27 DOI: 10.1111/jpim.70060
Emanuela Rondi, Alfredo De Massis, Francesco Chirico, Nadine Kammerlander, Luis R. Gomez-Mejia
{"title":"Managing Innovation in the Entrepreneurial Family Galaxy: Toward a New Research Agenda","authors":"Emanuela Rondi,&nbsp;Alfredo De Massis,&nbsp;Francesco Chirico,&nbsp;Nadine Kammerlander,&nbsp;Luis R. Gomez-Mejia","doi":"10.1111/jpim.70060","DOIUrl":"https://doi.org/10.1111/jpim.70060","url":null,"abstract":"&lt;div&gt;\u0000 \u0000 \u0000 &lt;section&gt;\u0000 \u0000 &lt;h3&gt; Academic Summary&lt;/h3&gt;\u0000 \u0000 &lt;p&gt;Innovation management is central to the long-run competitiveness and renewal of entrepreneurial families, and prior research has documented how socioemotional wealth preservation, risk preferences, long-term orientation, and idiosyncratic endowments shape their innovative behavior. We welcomed contributions that deepened our understanding of how family involvement shapes innovation inputs, processes, and outcomes; moved beyond R&amp;D intensity and patenting; and extended the analysis to the diversity of actors, governance arrangements, and organizational forms through which entrepreneurial families innovate. The nine featured articles answer that call across multiple levels of analysis, from board and top management team composition, through succession and intra-family relational dynamics, to firms' embeddedness in local knowledge ecosystems. These studies show that the predominant unit of analysis remains the single operating firm, systematically underestimating the transgenerational and multientity character of innovation in entrepreneurial families that today operate across a multitude of firms, family offices, foundations, holding companies, academies, and trust companies. To organize these contributions and chart the next wave of research, in this article we draw on and extend the &lt;i&gt;entrepreneurial family galaxy&lt;/i&gt; perspective, combining its five dimensions (shape, mass, luminosity, distance from the center, and regeneration rate) with the input–process–outcome framework. Drawing on our examination, we have developed an agenda for future research on innovation in the entrepreneurial family galaxy.&lt;/p&gt;\u0000 &lt;/section&gt;\u0000 \u0000 &lt;section&gt;\u0000 \u0000 &lt;h3&gt; Managerial Summary&lt;/h3&gt;\u0000 \u0000 &lt;p&gt;Innovation management is decisive for the long-run competitiveness and renewal of entrepreneurial families that own and govern their businesses. Family firms, the dominant organizational form worldwide, generate a substantial share of global GDP and employment, so how they innovate matters not only to the firms themselves but also to society at large. Existing research and practice have accumulated a rich understanding of how families' emotional attachment to the business, risk preferences, long-term horizon, and unique resources drive or constrain innovation. Yet most current thinking still treats the family firm as an isolated entity, whereas today entrepreneurial families increasingly operate across a &lt;i&gt;galaxy&lt;/i&gt; of organizations—operating companies, family offices, philanthropic and artistic foundations, holding companies, new ventures, and trust companies—through which innovation emerges, evolves, and accumulates over generations. This work extends current understanding across multiple levels: how boards and top management teams shape innovation intentions, how succession redesign","PeriodicalId":16900,"journal":{"name":"Journal of Product Innovation Management","volume":"43 6","pages":"847-866"},"PeriodicalIF":12.0,"publicationDate":"2026-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149206223","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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