Innovation in Family Firms: The Relative Effects of Wealth Concentration Versus Family-Centered Goals

Author(s)

Cristina Cruz, Manuel Becerra, and Chris Graves

Organization

Family Business Review 33 (4)

Publication

Sage Journals

Publication Type

Academic Research

Based on agency and behavior perspectives, we unravel two critical determinants of innovation strategies among family businesses: the concentration of family wealth in your business and the family’s emphasis on family-centered goals.

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Innovation in Family Firms: The Relative Effects of Wealth Concentration Versus Family-Centered Goals​

Innovation in Family Firms: The Relative Effects of Wealth Concentration Versus Family-Centered Goals