Family firms in India: family involvement, innovation and agency and stewardship behaviors
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271 citations
Cites background from "Family firms in India: family invol..."
...Resource-based View & Stewardship Theory Eddleston et al. (2008); Spriggs et al. (2013) Innovative Capacity; Family Altruism Strategic Planning; Technological Opportunity; Collaborative Network Orientation; Ownership Dispersion Firm Performance Innovative capacity and altruistic family relationships lead to high firm performance....
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...Stewardship Theory Dibrell and Moeller (2011) Family Involvement Organizational Innovativeness FFs show a stronger service-dominant focus and implement stewardship cultural behaviours more easily in their customer service processes....
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...Borrowing from stewardship theory, Ashwin et al. (2015) show that family shareholding and family control over both the CEO and chairperson positions have a significantly positive effect on R&D investments in FFs....
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...The basic assumption is that family involvement in ownership, management and governance can generate distinct resources that can be leveraged in ways that might positively influence innovation (Ashwin et al. 2015; De Massis et al. 2013)....
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...Capabilitybased View; Resourcebased View; Knowledgebased View; Stewardship Theory; Absorptive Capacity Lichtenthaler and Muethel (2012); Llach and Nordquist (2010); Singh and Kota (2017); Zahra et al. (2004, 2007); Craig and Dibrell (2006); Acosta-Prado et al. (2017); Ahluwalia et al. (2017) Family Involvement in Firm Management and Governance; Family Culture; Firm Age and Size; Family Ownership Innovation Capabilities; Resource Management; R&D Investments Factors that foster innovation capabilities include the FFs’ long-term orientation and the involvement of multiple generations in the firm....
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References
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