Does Family Ownership Affect Innovation Activity? A Focus on the Biotechnological Industry

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Autore principale: Julio César Acosta-Prado
Natura: Artículo científico
Lingua:en
Pubblicazione: Universidad Nacional de Colombia 2017
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author Julio César Acosta-Prado
author_facet Julio César Acosta-Prado
contents Does Family Ownership Affect Innovation Activity? A Focus on the Biotechnological Industry Julio César Acosta-Prado Mónica Longo-Somoza María Belén Lozano Administración y Contabilidad resource based View Family firms cluster analysis innovative activity This paper investigates if family ownership affects the firm’s innovation activity. It characterizes familiar and innovative firms using the Resource-based View of the firm and the relevant factors to innovate and gain competitive advantages. In particular, the purpose is identifying the profile of innovative firms and analyzing if family ownership is a characteristic related to their innovative activity. To achieve this objective, we have applied a cluster analysis methodology in a sample of companies of the Spanish biotechnological industry in which innovation is core. The results show the relevance of the family characteristics on the characterization of those innovative firms, contributing to clarify the existing inconclusive literature between family and innovation, and helping stakeholders and policy-makers to make decisions about inversion or transference of knowledge which would help to improve competitiveness and promote socio-economic changes. 2017 artículo científico 0121-5051 https://www.redalyc.org/articulo.oa?id=81852035002 https://www.redalyc.org/journal/818/81852035002/ https://www.redalyc.org/journal/818/81852035002/html/ https://www.redalyc.org/journal/818/81852035002/81852035002.epub https://www.redalyc.org/journal/818/81852035002/movil en http://www.redalyc.org/revista.oa?id=818 INNOVAR. Revista de Ciencias Administrativas y Sociales application/pdf Universidad Nacional de Colombia INNOVAR. Revista de Ciencias Administrativas y Sociales (Colombia) Num.65 Vol.27
format Artículo científico
id redalyc_81852035002
institution Redalyc
language en
publishDate 2017
publisher Universidad Nacional de Colombia
spellingShingle Does Family Ownership Affect Innovation Activity? A Focus on the Biotechnological Industry
Julio César Acosta-Prado
Administración y Contabilidad
resource
based View
Family firms
cluster analysis
innovative activity
Does Family Ownership Affect Innovation Activity? A Focus on the Biotechnological Industry Julio César Acosta-Prado Mónica Longo-Somoza María Belén Lozano Administración y Contabilidad resource based View Family firms cluster analysis innovative activity This paper investigates if family ownership affects the firm’s innovation activity. It characterizes familiar and innovative firms using the Resource-based View of the firm and the relevant factors to innovate and gain competitive advantages. In particular, the purpose is identifying the profile of innovative firms and analyzing if family ownership is a characteristic related to their innovative activity. To achieve this objective, we have applied a cluster analysis methodology in a sample of companies of the Spanish biotechnological industry in which innovation is core. The results show the relevance of the family characteristics on the characterization of those innovative firms, contributing to clarify the existing inconclusive literature between family and innovation, and helping stakeholders and policy-makers to make decisions about inversion or transference of knowledge which would help to improve competitiveness and promote socio-economic changes. 2017 artículo científico 0121-5051 https://www.redalyc.org/articulo.oa?id=81852035002 https://www.redalyc.org/journal/818/81852035002/ https://www.redalyc.org/journal/818/81852035002/html/ https://www.redalyc.org/journal/818/81852035002/81852035002.epub https://www.redalyc.org/journal/818/81852035002/movil en http://www.redalyc.org/revista.oa?id=818 INNOVAR. Revista de Ciencias Administrativas y Sociales application/pdf Universidad Nacional de Colombia INNOVAR. Revista de Ciencias Administrativas y Sociales (Colombia) Num.65 Vol.27
title Does Family Ownership Affect Innovation Activity? A Focus on the Biotechnological Industry
topic Administración y Contabilidad
resource
based View
Family firms
cluster analysis
innovative activity
url https://www.redalyc.org/articulo.oa?id=81852035002
https://www.redalyc.org/journal/818/81852035002/
https://www.redalyc.org/journal/818/81852035002/html/
https://www.redalyc.org/journal/818/81852035002/81852035002.epub
https://www.redalyc.org/journal/818/81852035002/movil