The DOI matches its Crossref record; 248 of the 248 references it cites were found in a registry or an index.
Doing More with Less: Innovation Input and Output in Family Firms
Open accessAbstract
Family firms are often portrayed as an important yet conservative form of organization that is reluctant to invest in innovation; however, simultaneously, evidence has shown that family firms are flourishing and in fact constitute many of the world’s most innovative firms. Our study contributes to disentangling this puzzling effect. We argue that family firms—owing to the family’s high level of control over the firm, wealth concentration, and importance of nonfinancial goals—invest less in innovation but have an increased conversion rate of innovation input into output and, ultimately, a higher innovation output than nonfamily firms. Empirical evidence from a meta-analysis based on 108 primary studies from 42 countries supports our hypotheses. We further argue and empirically show that the observed effects are even stronger when the CEO of the family firm is a later-generation family member. However, when the CEO of the family firm is the firm’s founder, innovation input is higher and, contrary to our initial expectations, innovation output is lower than that in other firms. We further show that the family firm–innovation input–output relationships depend on country-level factors; namely, the level of minority shareholder protection and the education level of the workforce in the country.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Firm Resources and Sustained Competitive Advantage
Barney, J. (1991) · Journal of Management · doi:10.1177/014920639101700108 · Cited by 48,334
(1994) · Journal of the American Dietetic Association · doi:10.1016/0002-8223(94)92216-0 · Cited by 45,910
A Coefficient of Agreement for Nominal Scales
Cohen, J. (1960) · Educational and Psychological Measurement · doi:10.1177/001316446002000104 · Cited by 42,398
Firm resources and sustained competitive advantage
Barney, J. B. (2004) · Advances in Strategic Management · doi:10.1016/s0742-3322(00)17018-4 · Cited by 38,152
Absorptive Capacity: A New Perspective on Learning and Innovation
Cohen, W. M., & Levinthal, D. A. (1990) · Administrative Science Quarterly · doi:10.2307/2393553 · Cited by 35,728
The Theory of Economic Development
Schumpeter, J., & Backhaus, U. (2006) · The European Heritage in Economics and the Social Sciences · doi:10.1007/0-306-48082-4_3 · Cited by 22,506
Separation of Ownership and Control
Fama, E. F., & Jensen, M. C. (1983) · The Journal of Law and Economics · doi:10.1086/467037 · Cited by 19,058
Hierarchical Linear Models: Applications and Data Analysis Methods.
Longford, N. T., Bryk, A. S., & Raudenbush, S. W. (1993) · Contemporary Sociology · doi:10.2307/2075823 · Cited by 18,724
La Porta, R., Lopez‐de‐Silanes, F., Shleifer, A., & Vishny, R. W. (1998) · Journal of Political Economy · doi:10.1086/250042 · Cited by 18,025
The Knowledge-Creating Company: How Japanese Companies Create the Dynamics of Innovation
Nonaka, I., & Takeuchi, H. (1995) · doi:10.1093/oso/9780195092691.001.0001 · Cited by 18,010
Cited by
Innovation in family firms: A systematic literature review and guidance for future research
Calabrò, A., Vecchiarini, M., Gast, J., Campopiano, G., De Massis, A., & Kraus, S. (2019) · International Journal of Management Reviews · doi:10.1111/ijmr.12192 · Cited by 495
Family Firm Heterogeneity: A Definition, Common Themes, Scholarly Progress, and Directions Forward
Daspit, J. J., Chrisman, J. J., Ashton, T., & Evangelopoulos, N. (2021) · Family Business Review · doi:10.1177/08944865211008350 · Cited by 336
Qi, L., Liu, B., Wei, X., & Hu, Y. (2019) · PLOS ONE · doi:10.1371/journal.pone.0212091 · Cited by 313
State Ownership and Political Connections
Tihanyi, L., Aguilera, R. V., Heugens, P., van Essen, M., Sauerwald, S., Duran, P., & Turturea, R. (2019) · Journal of Management · doi:10.1177/0149206318822113 · Cited by 299
Self-citationArzubiaga, U., Kotlar, J., De Massis, A., Maseda, A., & Iturralde, T. (2018) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2018.03.002 · Cited by 292
Metadata
- Authors
- Duran, P., Kammerlander, N., van Essen, M., & Zellweger, T.
- Venue
- Academy of Management Journal
- Publisher
- Academy of Management
- Published
- 2016-08
- Volume
- 59
- Issue
- 4
- Pages
- 1224-1264
- ISSN
- 0001-4273 (ISSN-L)
- 1948-0989
- OpenAlex
- W1994034555
- Cited by
- 928
- References
- 248
- FWCI
- 87.89
- Type
- journal article
- Language
- en
- Open access
- green
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Doing More with Less: Innovation Input and Output in Family Firms. https://app.cochat.ai/papers/10.5465/amj.2014.0424
- The paper
- Duran, P., Kammerlander, N., van Essen, M., & Zellweger, T. (2016). Doing More with Less: Innovation Input and Output in Family Firms. Academy of Management Journal. https://doi.org/10.5465/amj.2014.0424
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
