Logo Logo

Exploring Relationships among Proactiveness, Risk-Taking and Innovation Output in Family and Non-Family Firms, Creativity and Innovation Management

Abstract

In an empirical investigation of 532 Finnish firms, and using the entrepreneurial orientation (EO) literature to frame our arguments, we demonstrate that relationships among proactivity, risk-taking and innovation output differ in family and non-family firms. Specifically, we find evidence that risk-taking does not affect innovation output in family firms, whereas in non-family firms, innovation output is increased through risk-taking. Also, proactive family firms influence their innovation output more positively than proactive non-family firms do. This study adds important new insights to the growing knowledge of EO, which are discussed in the following for both academic and business audiences. Available from: http://www.researchgate.net/publication/259904474_Exploring_Relationships_among_Proactiveness_Risk-Taking_and_Innovation_Output_in_Family_and_Non-Family_Firms

Type

Article

Author(s)

Justin B. Craig, M. Pohjola, S. Kraus, S. Jensen

Date Published

2014

Citations

Craig, B. Justin, M. Pohjola, S. Kraus, and S. Jensen. 2014. Exploring Relationships among Proactiveness, Risk-Taking and Innovation Output in Family and Non-Family Firms. Creativity and Innovation Management. 23(2): 199-210.

KELLOGG INSIGHT

Explore leading research and ideas

Find articles, podcast episodes, and videos that spark ideas in lifelong learners, and inspire those looking to advance in their careers.
learn more

COURSE CATALOG

Review Courses & Schedules

Access information about specific courses and their schedules by viewing the interactive course scheduler tool.
LEARN MORE

DEGREE PROGRAMS

Discover the path to your goals

Whether you choose our Full-Time, Part-Time or Executive MBA program, you’ll enjoy the same unparalleled education, exceptional faculty and distinctive culture.
learn more