Abstract
This study examines the impact of intergenerational leadership on innovative capability and business performance. Applying a resource orchestration perspective to data from 531 family businesses in China, the results suggest that innovative capability is positively related to growth performance of family businesses. Furthermore, family businesses in solo control by one generation demonstrate a higher positive relationship between innovative capability and performance than those jointly controlled by two generations. This suggests that intergenerational leadership hampers the realization of the potential of innovation.
Original language | English |
---|---|
Pages (from-to) | 1704-1735 |
Number of pages | 32 |
Journal | Journal of Small Business Management |
Volume | 61 |
Issue number | 4 |
Early online date | 12 Feb 2021 |
DOIs | |
Publication status | Published - 1 Jan 2023 |
Keywords
- Family business
- innovative capability
- intergenerational leadership
- performance
- single child policy