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Long-Term-Oriented Values, Governance Model Preferences, and Dual Innovation in Family Firms

Year: 2024

Type: article

Abstract: A total of 217 questionnaires were used to empirically test the mechanism and effect of long-term orientation and governance mode preference on dual innovation in family firms. The data analysis shows that family firms' long-term orientation values have a positive effect on both contractual and relational governance modes, long-term orientation values have a significant positive effect on dual innovation, family firms' contractual and relational governance have an inverted U-shaped effect on dual innovation, and slack resources have a positive moderating effect on the relationship between family firms' long-term orientation values and exploratory innovation.

Source: Journal of Global Information Management

DOI: 10.4018/jgim.357730

Authors: Jilin Dai, Qi Gao, Ruiyu Luo, Yinghui Zhang, Yuchun Yang

Institutions: Tongling University, Shanghai Customs College

Language: English

Topic: Family Business Performance and Succession

Subfield: Organizational Behavior and Human Resource Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W4403824757

FWCI: 0.504

Cites: 53

Cited by: 1

Related to: 10