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Feranita Feranita
Taylor's University
Malaysia
https://orcid.org/0000-0002-2228-1953
Daniel Ruiz-Palomo
University of Malaga
Spain
https://orcid.org/0000-0003-4404-8017
Julio Diéguez-Soto
University of Malaga
Spain
Vol. 11 No. 2 (2021), Research Paper
DOI: https://doi.org/10.24310/ejfbejfb.v11i2.10901
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Abstract

This paper seeks to resolve the controversy regarding the relationship between family management and technological innovation outcomes. In contrast to prior studies, we focus on small and medium enterprises (SMEs) and go beyond the traditional input-output statistical analysis, by introducing the mediating effect of the use of management control systems (MCS). We also further examine heterogeneity among family firms, studying whether a greater family management influences, directly or indirectly, on technological innovation outcomes. Our results from a data consists of 199 Spanish family-owned small and medium enterprises (FSMEs) were not able to indicate a significant direct influence of the level of family management on technological innovation outcome but supported the notion that the utilization of MCS mediated the above relationship.

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