家族企业的专利、商业秘密和业绩抱负

IF 10.5 1区 管理学 Q1 BUSINESS
Katrin Hussinger , Wunnam Basit Issah
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引用次数: 0

摘要

我们调查家族所有权是否与对专利或商业秘密的偏好有关。以标准普尔500强公司为样本,我们发现家族所有权与专利负相关,与商业秘密的使用正相关。我们进一步表明,这两种关系都受到低于期望水平的企业绩效的调节。这些结果可以用混合赌博行为代理框架来解释。当家族企业的表现低于其期望水平时,与当前的社会情感财富相比,预期的财务收益变得相对更重要,因此专利变得更多,商业秘密变得不那么有吸引力。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Patents, trade secrets and performance aspirations in family firms
We investigate whether family ownership is associated with a preference for patents or trade secrets. Using a sample of S&P 500 firms, we show that family ownership is negatively associated with patenting and positively associated with the usage of trade secrets. We further show that both relationships are moderated by firm performance below the aspiration level. These results can be explained with a mixed gambles behavioral agency framework. When family firms perform below their aspiration level, prospective financial gains become relatively more important as compared to current socio-emotional wealth so that patents become more and trade secrets less attractive.
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来源期刊
CiteScore
20.30
自引率
10.60%
发文量
956
期刊介绍: The Journal of Business Research aims to publish research that is rigorous, relevant, and potentially impactful. It examines a wide variety of business decision contexts, processes, and activities, developing insights that are meaningful for theory, practice, and/or society at large. The research is intended to generate meaningful debates in academia and practice, that are thought provoking and have the potential to make a difference to conceptual thinking and/or practice. The Journal is published for a broad range of stakeholders, including scholars, researchers, executives, and policy makers. It aids the application of its research to practical situations and theoretical findings to the reality of the business world as well as to society. The Journal is abstracted and indexed in several databases, including Social Sciences Citation Index, ANBAR, Current Contents, Management Contents, Management Literature in Brief, PsycINFO, Information Service, RePEc, Academic Journal Guide, ABI/Inform, INSPEC, etc.
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