On external knowledge sources and innovation performance: Family versus non-family firms

P.A.N. Duong; W. Voordeckers; J. Huybrechts; F. Lambrechts

doi:10.1016/j.technovation.2021.102448

On external knowledge sources and innovation performance: Family versus non-family firms

P.A.N. Duong, W. Voordeckers, J. Huybrechts, F. Lambrechts^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › Academic › peer-review

Abstract

External knowledge has been found to be vital in generating innovation. However, little is known about the conditions under which firms can benefit from utilizing specific external knowledge sources. Using the knowledge-based view as our theoretical underpinning, we empirically examine how the usage of knowledge gained from market- and science-based sources influences innovation performance differently between family and non-family firms. An analysis using panel data drawn from Belgian firms supports our hypothesis that the relationship between the use of knowledge gained from suppliers and customers and innovation outcomes is weaker for family firms than for non-family firms, while the relationship between the use of knowledge gained from universities and research institutes and innovation outcomes is stronger for family firms. This study extends the literature by revealing the role firm type (i.e., family versus non-family) plays in moderating the relationship between the use of knowledge obtained from distinct external sources and innovation performance.

Original language	English
Article number	102448
Number of pages	14
Journal	Technovation
Volume	114
DOIs	https://doi.org/10.1016/j.technovation.2021.102448
Publication status	Published - 1 Jun 2022

Keywords

ABSORPTIVE-CAPACITY
COLLABORATION NETWORKS
DEVELOPMENT COOPERATION
EMPIRICAL-EVIDENCE
External knowledge
Family firm
Innovation performance
PRODUCT DEVELOPMENT
RESEARCH-AND-DEVELOPMENT
SECTORAL PATTERNS
SOCIAL-STRUCTURE
SUPPLIER INTEGRATION
WEAK TIES
COMPETITIVE ADVANTAGE
RELATIONAL EMBEDDEDNESS

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title = "On external knowledge sources and innovation performance: Family versus non-family firms",

abstract = "External knowledge has been found to be vital in generating innovation. However, little is known about the conditions under which firms can benefit from utilizing specific external knowledge sources. Using the knowledge-based view as our theoretical underpinning, we empirically examine how the usage of knowledge gained from market- and science-based sources influences innovation performance differently between family and non-family firms. An analysis using panel data drawn from Belgian firms supports our hypothesis that the relationship between the use of knowledge gained from suppliers and customers and innovation outcomes is weaker for family firms than for non-family firms, while the relationship between the use of knowledge gained from universities and research institutes and innovation outcomes is stronger for family firms. This study extends the literature by revealing the role firm type (i.e., family versus non-family) plays in moderating the relationship between the use of knowledge obtained from distinct external sources and innovation performance.",

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author = "P.A.N. Duong and W. Voordeckers and J. Huybrechts and F. Lambrechts",

note = "data source: Flemish Community Innovation Survey (CIS), Bel-first, and company websites",

year = "2022",

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doi = "10.1016/j.technovation.2021.102448",

language = "English",

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AU - Duong, P.A.N.

AU - Voordeckers, W.

AU - Huybrechts, J.

AU - Lambrechts, F.

N1 - data source: Flemish Community Innovation Survey (CIS), Bel-first, and company websites

PY - 2022/6/1

Y1 - 2022/6/1

N2 - External knowledge has been found to be vital in generating innovation. However, little is known about the conditions under which firms can benefit from utilizing specific external knowledge sources. Using the knowledge-based view as our theoretical underpinning, we empirically examine how the usage of knowledge gained from market- and science-based sources influences innovation performance differently between family and non-family firms. An analysis using panel data drawn from Belgian firms supports our hypothesis that the relationship between the use of knowledge gained from suppliers and customers and innovation outcomes is weaker for family firms than for non-family firms, while the relationship between the use of knowledge gained from universities and research institutes and innovation outcomes is stronger for family firms. This study extends the literature by revealing the role firm type (i.e., family versus non-family) plays in moderating the relationship between the use of knowledge obtained from distinct external sources and innovation performance.

AB - External knowledge has been found to be vital in generating innovation. However, little is known about the conditions under which firms can benefit from utilizing specific external knowledge sources. Using the knowledge-based view as our theoretical underpinning, we empirically examine how the usage of knowledge gained from market- and science-based sources influences innovation performance differently between family and non-family firms. An analysis using panel data drawn from Belgian firms supports our hypothesis that the relationship between the use of knowledge gained from suppliers and customers and innovation outcomes is weaker for family firms than for non-family firms, while the relationship between the use of knowledge gained from universities and research institutes and innovation outcomes is stronger for family firms. This study extends the literature by revealing the role firm type (i.e., family versus non-family) plays in moderating the relationship between the use of knowledge obtained from distinct external sources and innovation performance.

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KW - COLLABORATION NETWORKS

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KW - EMPIRICAL-EVIDENCE

KW - External knowledge

KW - Family firm

KW - Innovation performance

KW - PRODUCT DEVELOPMENT

KW - RESEARCH-AND-DEVELOPMENT

KW - SECTORAL PATTERNS

KW - SOCIAL-STRUCTURE

KW - SUPPLIER INTEGRATION

KW - WEAK TIES

KW - COMPETITIVE ADVANTAGE

KW - RELATIONAL EMBEDDEDNESS

U2 - 10.1016/j.technovation.2021.102448

DO - 10.1016/j.technovation.2021.102448

M3 - Article

SN - 0166-4972

VL - 114

JO - Technovation

JF - Technovation

M1 - 102448

ER -

On external knowledge sources and innovation performance: Family versus non-family firms

Abstract

Keywords

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