Given the fundamental importance of innovation capabilities for firms’ competitiveness worldwide, in this paper we contribute to filling the research gap in the literature on the innovation processes carried out by family firms, focusing in particular on product innovation strategies. We first...

With a process perspective based on a framework derived from several disciplines, we theoretically discuss how friendship dynamics in founding teams may affect a business. We develop a conceptual model that considers the different nature of exchanges in business and friendship, which may serve...