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The ability and willingness paradox in family firm innovation

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Abstract
We present a framework of how family involvement influences innovation management based on ability (discretion to act) and willingness (disposition to act), two drivers that distinguish family firms from nonfamily firms and lead to heterogeneity among family firms. Paradoxically, family firms have superior ability yet lower willingness to engage in technological innovation. Resolving this paradox should yield new insights about innovation management in general. We summarize and position the papers in this special issue according to these drivers and set out an agenda for further research that will contribute to a better understanding of family firms' heterogeneous and paradoxical behaviors.
Keywords
DEVELOPMENT INVESTMENTS, SOCIOEMOTIONAL WEALTH, TECHNOLOGICAL-INNOVATION, COMPETITIVE ADVANTAGE, EMPIRICAL-ANALYSIS, INCUMBENT FIRMS, PERSPECTIVE, GOVERNANCE, AGENCY, PERFORMANCE

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Chicago
Chrisman, JJ, JH Chua, A De Massis, F Frattini, and Mike Wright. 2015. “The Ability and Willingness Paradox in Family Firm Innovation.” Journal of Product Innovation Management 32 (3): 310–318.
APA
Chrisman, J., Chua, J., De Massis, A., Frattini, F., & Wright, M. (2015). The ability and willingness paradox in family firm innovation. JOURNAL OF PRODUCT INNOVATION MANAGEMENT, 32(3), 310–318.
Vancouver
1.
Chrisman J, Chua J, De Massis A, Frattini F, Wright M. The ability and willingness paradox in family firm innovation. JOURNAL OF PRODUCT INNOVATION MANAGEMENT. 2015;32(3):310–8.
MLA
Chrisman, JJ, JH Chua, A De Massis, et al. “The Ability and Willingness Paradox in Family Firm Innovation.” JOURNAL OF PRODUCT INNOVATION MANAGEMENT 32.3 (2015): 310–318. Print.
@article{6967977,
  abstract     = {We present a framework of how family involvement influences innovation management based on ability (discretion to act) and willingness (disposition to act), two drivers that distinguish family firms from nonfamily firms and lead to heterogeneity among family firms. Paradoxically, family firms have superior ability yet lower willingness to engage in technological innovation. Resolving this paradox should yield new insights about innovation management in general. We summarize and position the papers in this special issue according to these drivers and set out an agenda for further research that will contribute to a better understanding of family firms' heterogeneous and paradoxical behaviors.},
  author       = {Chrisman, JJ and Chua, JH and De Massis, A and Frattini, F and Wright, Mike},
  issn         = {0737-6782},
  journal      = {JOURNAL OF PRODUCT INNOVATION MANAGEMENT},
  keyword      = {DEVELOPMENT INVESTMENTS,SOCIOEMOTIONAL WEALTH,TECHNOLOGICAL-INNOVATION,COMPETITIVE ADVANTAGE,EMPIRICAL-ANALYSIS,INCUMBENT FIRMS,PERSPECTIVE,GOVERNANCE,AGENCY,PERFORMANCE},
  language     = {eng},
  number       = {3},
  pages        = {310--318},
  title        = {The ability and willingness paradox in family firm innovation},
  url          = {http://dx.doi.org/10.1111/jpim.12207},
  volume       = {32},
  year         = {2015},
}

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