R&D investments in family and founder firms: An agency perspective

By J. Block. 2012

595 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/8271aed98c3000e3bdb5f3a311a12a5057b73e2a

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Management of Technology and Innovation

In Organizational Behavior and Human Resource Management

Citations in the corpus

Socioemotional Wealth as a Mixed Gamble: Revisiting Family Firm R&D Investments with the Behavioral Agency Model (2013, unknown): “R&D relative to non-family firms (Block, 2012; Chrisman & Patel, 2012; Muñoz-Bullon & Sanchez-Bueno, 2011).”
Accessing Resources from Innovation Partners: The Search Breadth of Family SMEs (2012, background): “, Block 2012; Munari, Oriani, and Sobrero 2010). A notable exception is Zahra (2012), who explored the impact of family involvement on entrepreneurial activity via organizational learning.”
Innovation in Family Firms: A Systematic Literature Review and Guidance for Future Research (2018, background): “…between family involvement and innovation (n = 46) Theoretical framework Studies Family predictor Innovation output Main findings Agency Theory Block (2012); Muñoz-Bullón and Sanchez-Bueno (2011); Munari et al. (2010); Chen and Hsu (2009); Chin et al. (2009); Czarnitzki and Kraft (2009);…”
The Ability and Willingness Paradox in Family Firm Innovation (2015, methodology): “Regarding key inputs of the innovation process, the theoretical and empirical literature is generally consistent in pointing to a negative relationship between family governance and investments in R&D (e.g., Block, 2012; Chen and Hsu, 2009; Munari et al., 2010).”
Doing More with Less: Innovation Input and Output in Family Firms (2016, unknown): “While some studies have provided empirical evidence for negative associations between family firms and innovation (Block, 2012; Chen & Hsu, 2009; Chrisman & Patel, 2012; Munari, Oriani, & Sobrero, 2010), others have found positive effects (Gudmundson, Tower, & Hartman, 2003; Kim, Kim, & Lee, 2008;…”
To Merge, Sell, or Liquidate? Socioemotional Wealth, Family Control, and the Choice of Business Exit (2019, unknown): “Second, research has shown that founders influence the way a firm is managed and whether the firm continues operations or exits the business (Block, 2012).”
Crowdfunding social ventures: a model and research agenda (2013, unknown): “…and can also provide a very tangible competitive advantage later for example through access to patents that may come in handy in ever changing energy and other environmental regulations (Block 2012; Brettel et al. 2012; Cuervo Cazurra and Annique Un 2010; Husted 2005; Mcwilliams and Siegel 2010).”
Family Business Growth Around the World (2020, background): “Thus, they may ignore new business opportunities and innovate less if this threatens family control (Block, 2012; GomezMejia et al., 2010; Patel & Chrisman, 2014).”
Capital structure decisions in family firms: empirical evidence from a bank-based economy (2011, unknown): “…for France (Sraer and Thesmar 2007) and Germany (Andres 2008) use similar family ownership thresholds in order to account for the more concentrated ownership structures in Continental Europe compared to the U.S. 9 For example, Block (2011) uses a similar approach in the context of R&D decisions.”
Innovation processes in family firms: the relevance of organizational flexibility (2016, background): “Whether due to different long-term priorities or risk aversion, many empirical studies find engagement in R&D to be lower for family firms than for non-family firms (Muñoz-Bullón and Sanchez-Bueno 2011; Block 2012; Chrisman and Patel 2012), although there are significant differences within family fi”
The relationship between innovation, knowledge, and performance in family and non-family firms: an analysis of SMEs (2013, background): “…larger firms has been investigated from the viewpoint of single versus multiple ownership, finding single owners to be more innovative and showing greater entrepreneurial orientation (Miller et al. 2011) and spending more on innovative factors, such as R&D and increased productivity (Block 2012).”
Driving factors of innovation in family and non-family SMEs (2018, background): “Family business researchers rate innovations as highly important for the economic development and growth of a company (e.g., see Block 2012; DeMassis et al. 2015; Nieto et al. 2015).”
Regional influences on the prevalence of family versus non-family start-ups (2014, unknown): “While prior studies have primarily addressed differences between family and non-family businesses on the individual or firm level of analysis (Block, 2012; Gomez-Mejia et al., 2007; Littunen and Hyrsky, 2000; Zahra et al., 2004), no study to date has examined how environmental characteristics may…”