The Role of Family Influence in Firms’ Strategic Responses to Threat of Imitation
研究家族影响如何调节企业对模仿威胁的反应,发现家族影响的企业在研发和国际化上减少幅度较小,反应更灵活。
We integrate theory on the resource–based view and threat rigidity with family business research to explain the role family influence plays in responding to threats of imitation. As opposed to family control, we find that family influence affects resource management actions taken in response to threats of imitation. Specifically, results show that R&D investment and internationalization actions mediate the relationship between imitability and performance. However, we find that family–influenced firms are less rigid in their responses to such threats, reducing R&D and internationalization significantly less than firms without family influence.