The Impact of Family Involvement on the R&D Intensity of Publicly Traded Firms

By Fernando Muñoz‐Bullón, Maria J. Sanchez‐Bueno. 2011

235 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/f2326ef02b71f96f7bb05c0fa138b54a918c1757

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Citations in the corpus

Family ownership and R&D investment: The role of growth opportunities and business group membership (2015, unknown): “…relationship between family ownership and R&D investment report a negative relationship between the two in Canada (Morck, Stangeland, & Yeung, 2000; Muñoz-Bullón & Sanchez-Bueno, 2011), Europe (Munari, Oriani, & Sobrero, 2010; Sirmon, Arregle, Hitt, & Webb, 2008), Taiwan (Chen & Hsu, 2009), and…”
The Impact of Family Ownership, Management and Governance on Innovation (2015, unknown): “Thus, firm leverage, defined as a company’s total debt divided by its total assets, is included (Munoz-Bullon and Sanchez-Bueno, 2011).”
Innovation in Family Firms: A Systematic Literature Review and Guidance for Future Research (2018, background): “Concerning the geographic scope of the data in empirical papers, 21% analyse US firms, 46% European firms, 12% Asian firms, and the remaining ones focus on other countries (e.g., Canada, see Muñoz-Bullón and Sanchez-Bueno 2011; Brazil, see Ferreira and Ferreira 2017).”
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”
Family Ownership and R&D Intensity in Small‐ and Medium‐Sized Firms (2015, background): “Accordingly, Naldi et al. (2007) find support for their conceptual idea that family firms are less likely to take risks than non-family firms.”
Risk aversion in family firms: what do we really know? (2012, background): “They mostly underpin this notion with findings that family firms invest less in (risky) R&D projects (Le Breton-Miller et al., 2011; Muñoz-Bullón and Sanchez-Bueno, 2011; Croci et al., 2011; Anderson et al., 2012; Su and Lee, 2012) or aim for lower levels of debt than non-family firms (as debt might”
Economic and Technological Importance of Innovations in Large Family and Founder Firms (2013, background): “Family firms have been found to have lower research and development (R&D) intensity relative to other firms (Block, 2012; Chen & Hsu, 2009; Chrisman & Patel, 2012; Munari, Oriani, & Sobrero, 2010; Muñoz-Bullón & Sanchez-Bueno, 2011), whereas founder firms exhibit greater R&D intensity (Block, 2012).”
Innovation and Family Ownership: Empirical Evidence from India (2014, background): “Strong intermediary institutions provide the necessary financing, technology and management talent for innovation in developed markets (Munoz-Bullon & Sanchez-Bueno, 2011).”