Innovation plays a central role in firm performance and survival. Until recently, limited attention has been given to the enablers of innovation in family firms. Utilizing structural equation modeling, this study develops and tests a model of family firm innovation, exploring relationships between mindsets and innate tensions that can fuel or inhibit innovative behavior. The findings explicate drivers of innovation, highlighting the existence of tensions and the importance of leadership embracing paradoxical thinking.
Ingram,, Amy E.
"FAMILY FIRM INNOVATION: TENSIONS AND MINDSETS,"
Frontiers of Entrepreneurship Research: Vol. 32
, Article 1.
Available at: http://digitalknowledge.babson.edu/fer/vol32/iss13/1