Family human capital and the championing of innovation in small firms

Authors

  • Richard L Gottschall SUNY Plattsburgh, 218 Ausable Hall, 101 Broad Street, Plattsburgh, NY 12901, USA
  • Jeremy Alan Woods California State University, Bakersfield, Office: BDC 136A, 9001 Stockdale Highway, Bakersfield, CA 93311-1022, USA

Abstract

This study of 94 small family firms focuses on complex interactions between individual family members and firm-level activities and outcomes. We develop and test a model of relationships between family championing of innovation, family human capital characteristics, and the firms’ adoption of innovation. Family members championed many more adoptions of innovation than non-family members did, demonstrating strong family influence in smaller firms. An important point is that this strong family influence would appear insignificant without accounting for the significant moderating influence of variance in family human capital levels. This study contributes to our understanding of family influence’s heterogeneous nature by modeling interaction between mediating family behaviors and moderating family characteristics

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Published

2020-11-19

How to Cite

Gottschall, R. L., & Woods, J. A. (2020). Family human capital and the championing of innovation in small firms. Journal of Small Business Strategy, 30(3), 1-15. Retrieved from https://libjournals.mtsu.edu/index.php/jsbs/article/view/1633

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Articles