Innovation in small firms: Does family vs. non-family matter?

Authors

Abstract

Small firms are the backbone of our economy. These firms need to innovate to thrive and compete. However, research on innovation in small firms, especially non-technology and less knowledge-intensive firms, is lacking. In this study, we explore antecedents of innovation in such firms. We build and test a theoretical model that links employee training, employee commitment, family employees, and emphasis on learning to innovation in small firms. We also argue that a small-firm owner’s perception about his firm being a family firm or a non-family firm will influence the relationship between predictors and firm innovation.

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Author Biographies

Saurabh Ahluwalia, The University of New Mexico

Assistant Professor of Finance

Department of Finance, International, Technology & Entrepreneurship

Anderson School of Management

Raj V. Mahto, The University of New Mexico

Associate Professor

FITE Department

Steven T Walsh, The University of New Mexico

Distinguished Professor

Department of Finance, International, Technology & Entrepreneurship

Anderson School of Management

Published

2017-10-29

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Section

Articles