CMR Resources and Innovation in Family Businesses-Final2.pdf (442.42 kB)
Resources and innovation in family businesses: the Janus-Face of socioemotional preferences
journal contribution
posted on 2016-01-06, 14:11 authored by Danny Miller, Mike Wright, Isabelle Le Breton-Miller, Louise ScholesLouise ScholesFamily business socio-emotional preferences are often Janus-faced. Some strive to create a strong business they can pass on to offspring by building innovation-promoting resources such as human, relational, and financial capital. Other family firms cater to family desires for unqualified nepotism, altruism towards undeserving kin, and appropriation of firm assets to fulfill parochial desires that erode these resources. This article explores how such preferences, together with their impact on resources and the innovation demands of their markets, shape the approach to innovation.
History
School
- Loughborough University London
Published in
California Management ReviewVolume
58Issue
1Pages
20 - 40Citation
MILLER, D. ... et al., 2015. Resources and innovation in family businesses: the Janus-Face of socioemotional preferences. California Management Review, 58 (1), pp. 20 - 40.Publisher
© the Regents of the University of CaliforniaVersion
- AM (Accepted Manuscript)
Publisher statement
This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/Publication date
2015-11-01Notes
This article was published in the California Management Review © 2015 by The Regents of the University of California. All rights reserved. Request permission to photocopy or reproduce article content at the University of California Press's Rights and Permissions web page, http://www.ucpress.edu/journals.php?p=reprints, or via email: jpermissions@ucpress.edu.ISSN
0008-1256eISSN
2162-8564Publisher version
Language
- en
Administrator link
Usage metrics
Categories
No categories selectedKeywords
Licence
Exports
RefWorks
BibTeX
Ref. manager
Endnote
DataCite
NLM
DC