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Title of Journal: Small Bus Econ

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Abbravation: Small Business Economics

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Springer US

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DOI

10.1007/s11547-010-0519-y

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1573-0913

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The impact of family ownership on innovation evid

Authors: Carolin Decker Christina Günther
Publish Date: 2016/07/15
Volume: 48, Issue: 1, Pages: 199-212
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Abstract

There has been much debate concerning the innovative output of familyowned and nonfamilyowned companies The purpose of this study was to show that the impact of family ownership differs depending on important governance conditions Drawing on secondary data from the German machine tool industry from 2000 to 2010 we show that it is not family ownership per se that drives or impedes innovation in terms of the number of patents granted to a firm Increases in the degree of family ownership and the generation of the family reduce the innovative output whereas dedicated family business institutions nurture it We discuss the implications of our findings for research and management

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  19. Where are all the self-employed women? Push and pull factors influencing female labor market decisions
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  21. Performance of small- and medium-sized enterprises in services trade: evidence from French firms
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