Principles for innovation management in family firms: An analysis of long-term successful good practices with a practitioner validation of the principles

Hermann Frank, Alexander Keßler, Christine Bachner, Elena Fuetsch, Julia Suess-Reyes

    Publication: Scientific journalJournal articlepeer-review

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    Abstract

    Family firms (FF) reveal a considerable heterogeneity in their innovation behavior. Due to the successful long-term preservation of their innovation capacity via special resources and routines, multi-generational FF are of special interest in terms of learning from good practices. Against this background, the purpose of this paper is to ascertain principles for successful innovation behavior in long-term successful FF and to contribute to bridging the theory-practice gap.
    Original languageEnglish
    Pages (from-to)319 - 348
    JournalJournal of Family Business Management
    Volume9
    Issue number3
    DOIs
    Publication statusPublished - 2019

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