A Note on Family Influence and the Adoption of Discontinuous Technologies in Family Firms

Abstract

The 4Cs model of command, continuity, community, and connections is useful for examining the effect of family influence on the adoption of discontinuous technologies. However, assuming that family influence differs only in degree rather than kind is naive because such an assumption ignores the likelihood of heterogeneous behaviors among family firms. In this conceptual note, we extend prior work and explain how heterogeneity in the family's relative emphasis on command, continuity, community, and connections requires that the multifaceted and potentially nonlinear nature of family influence be considered when analyzing strategic decisions concerning family firm innovation.

Department(s)

Business and Information Technology

Keywords and Phrases

Family firms; In-Degree; Nonlinear nature; Strategic decisions; Innovation

International Standard Serial Number (ISSN)

0737-6782; 1540-5885

Document Type

Article - Journal

Document Version

Citation

File Type

text

Language(s)

English

Rights

© 2014 Product Development & Management Association, All rights reserved.

Publication Date

01 May 2015

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