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Title: Resources and innovation in family businesses: the Janus-Face of socioemotional preferences
Authors: Miller, Danny
Wright, Mike
Le Breton-Miller, Isabelle
Scholes, Louise
Issue Date: 2015
Publisher: © the Regents of the University of California
Citation: 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.
Abstract: Family 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.
Description: 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.
Version: Accepted for publication
DOI: 10.1525/cmr.2015.58.1.20
URI: https://dspace.lboro.ac.uk/2134/19958
Publisher Link: http://dx.doi.org/10.1525/cmr.2015.58.1.20
ISSN: 0008-1256
Appears in Collections:Published Articles (Loughborough University London)

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