Innovation in Family Business and Cooperation: A Literature Review

Mariano Soler-Porta; Antonio Padilla-Meléndez; Beatriz Rodríguez-Díaz

doi:10.24310/ejfbejfb.v9i1.6609

Authors

Mariano Soler-Porta Universtiy of Malaga Spain https://orcid.org/0000-0002-7928-6536
Antonio Padilla-Meléndez University of Malaga Spain https://orcid.org/0000-0002-0759-1013
Beatriz Rodríguez-Díaz University of Malaga Spain https://orcid.org/0000-0002-1778-7773

DOI:

https://doi.org/10.24310/ejfbejfb.v9i1.6609

Keywords:

Family business, Innovation, Environment, Cooperation, Strategy

Agencies: Universidad de Málaga

Abstract

In this paper, after some clarifications about the definition and characteristics of Family Business (FB), a literature review on innovation and cooperation in FB has been conducted. As a consequence, a research gap regarding how FB develops innovation when cooperating with external factors has been identified. In particular, specific characteristics of FB have been analysed regarding innovation and cooperation, such as longer-term vision, risk aversion, and relatively lack of professionalism of FB workers.

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References

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