How does family involvement affect innovation in China?

被引：84

作者：

Liang, Qiang ^{[1
]}

Li, Xinchun ^{[2
]}

Yang, Xueru ^{[3
]}

Lin, Danming ^{[1
]}

Zheng, Danhui ^{[2
]}

机构：

[1] Shantou Univ, Sch Business, Shantou 516063, Guangdong, Peoples R China

[2] Sun Yat Sen Business Sch, Guangzhou 510275, Guangdong, Peoples R China

[3] South China Agr Univ, Coll Econ & Management, Guangzhou 510642, Guangdong, Peoples R China

来源：

ASIA PACIFIC JOURNAL OF MANAGEMENT | 2013年 / 30卷 / 03期

基金：

中国国家自然科学基金;

关键词：

Family firms; Innovation; Family involvement; China; FIRM PERFORMANCE; AGENCY COSTS; COMPETITIVE ADVANTAGE; CORPORATE GOVERNANCE; BOARD COMPOSITION; OWNERSHIP; ALTRUISM; ENTREPRENEURSHIP; FAMILINESS; SYSTEMS;

D O I：

10.1007/s10490-012-9320-x

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

This paper explores the types of family involvement in family firms and their impact on innovation performance. Drawing from our agency theoretical analysis on the structure of boards of directors and management teams and along with the resource-based view, we advance the novel proposition that what matters in the innovation process is the type of family involvement, not involvement per se. The empirical study on a sample of 102 listed family firms in China from 2005 to 2007 suggests that family involvement in boards tends to strengthen the positive relationship between R&D investment and innovation performance, whereas family involvement in management teams tends to weaken this positive relationship.

引用

页码：677 / 695

页数：19

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