Family firms’ selective learning-by-exporting : product vs process innovation and the role of technological capabilities
Purpose: The purpose of this study is to examine how family governance and technological capabilities influence the conversion of new knowledge obtained from exports into various innovation outputs, a phenomenon called “learning-by-exporting (LBE).” Design/methodology/approach: To properly examine the causal links proposed in the study, first, the control for endogeneity. Second, a propensity-score matching longitudinal analysis is conducted, a particularly robust empirical method that enhances reliability in non-experimental data, over an average sample of 663 manufacturing companies for the period 2007 to 2014. Findings: Family firms’ innovation strategies and abilities render them more likely to convert the new knowledge from exporting into product innovation and more efficient in this endeavor than non-family firms. This diverts family firms’ typically limited resources from process innovation, and they have a smaller LBE effect than non-family firms in terms of process innovation. Originality/value: The study contributes to the internationalization literature by producing a more nuanced view of the learning-by-exporting effect which considers the type of innovation outcomes developed following export activity. It also helps to identify some of the firm-specific factors that shape the relationship between exports and innovation, by empirically examining for the first time the role of family governance in innovation capabilities and decisions.
Year of publication: |
2020
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Authors: | Freixanet, Joan ; Monreal, Joaquin ; Sánchez-Marín, Gregorio |
Published in: |
Multinational Business Review. - Emerald, ISSN 1525-383X, ZDB-ID 2070887-7. - Vol. 29.2020, 2 (12.11.), p. 210-236
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Publisher: |
Emerald |
Saved in:
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