Browsing by Subject "Ability vs. willingness"
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- PublicationOpen AccessThe influence of family involvement and generational stage on learning-by-exporting among family firms(2020) Sánchez Marín, Gregorio; Pemartín González-Adalid, María; Monreal Pérez, Joaquín; Organización de Empresas y Finanzas; Facultades, Departamentos, Servicios y Escuelas::Departamentos de la UMU::Organización de Empresas y FinanzasThis paper analyses the link between export activity and product innovation in family firms. Following the learning-by-exporting (LBE) hypothesis and considering that family firms are not homogeneous entities, we explore differences among family firms regarding the influence of export activity on product innovation based on the degree of family involvement in management and on the generational implication. Based on a sample of 797 family firms operating in 20 different manufacturing industries over the period 2007-2014, empirical findings indicate that there are significant differences between family firms in terms of the conversion process of the benefits of exporting into product innovation. The family involvement in management fosters the LBE effect on product innovation through an inverted U-shaped pattern, reaching a peak when there are 2.97 family members involved in the management of the company. Contrary to expectations, results also show a positive influence of first-generation family firms on the LBE effect on product innovation