The Role of Innovation in Small and Medium-Sized Family Firms: A Literature Review
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F21%3APU140950" target="_blank" >RIV/00216305:26510/21:PU140950 - isvavai.cz</a>
Result on the web
<a href="https://journals.scholarpublishing.org/index.php/ABR/article/view/10221" target="_blank" >https://journals.scholarpublishing.org/index.php/ABR/article/view/10221</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.14738/abr.95.10221" target="_blank" >10.14738/abr.95.10221</a>
Alternative languages
Result language
angličtina
Original language name
The Role of Innovation in Small and Medium-Sized Family Firms: A Literature Review
Original language description
This article builds on existing family business research conducted worldwide and embeds the research results in the Czech context to portray the Czech Republic as a critically important context for extending our knowledge on important family firms’ topics. In this article, we present a systematic review and integration of 69 articles published in peer-reviewed journals by Elsevier, Emerald, Wiley and others from 2015 to 2021 in order to answer two research questions: what is the role of innovation in SME family firms and what drives the innovation in family firms? Specifically, the content of the article discusses the new definition of family firm in the Czech Republic; the relationship between innovation and family firm growth; and some contextual factors that might affect the innovations in the Czech SME family firms: ability and willingness paradox, socioemotional wealth, and familiness. The insights of this review are used to develop suggestions for future research in setting the value of family firm where innovation can play an essential role as one of the core value drivers.
Czech name
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Czech description
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Classification
Type
J<sub>ost</sub> - Miscellaneous article in a specialist periodical
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
<a href="/en/project/TL02000434" target="_blank" >TL02000434: Family businesses: Value drivers and value determination in the process of succession</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Archives of Business Research
ISSN
2054-7404
e-ISSN
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Volume of the periodical
9
Issue of the periodical within the volume
5
Country of publishing house
GB - UNITED KINGDOM
Number of pages
19
Pages from-to
102-120
UT code for WoS article
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EID of the result in the Scopus database
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