Combining Internal and External R&D: The Effects on Innovation Performance in Family and Nonfamily Firms
Volume: 44, Issue: 5, Pages: 996 - 1031
Published: Oct 8, 2019
Abstract
We examine the effect of combining internal and external R&D loci on innovation performance in family firms (FF) and nonfamily firms (non-FFs). Our longitudinal analysis of 27,438 firm-year observations of Spanish manufacturing firms from 1990 to 2016 shows that FFs can better exploit the benefits of simultaneously engaging in internal and external R&D activities, leading to a positive effect on innovation performance. Moreover, the...
Paper Details
Title
Combining Internal and External R&D: The Effects on Innovation Performance in Family and Nonfamily Firms
Published Date
Oct 8, 2019
Volume
44
Issue
5
Pages
996 - 1031
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