Family Assets and Liabilities in the Innovation Process
研究了家族企业创新中家族资产的双刃剑效应：初期促进创新，但长期可能僵化并抑制绩效，通过治理和激励可缓解。
Innovation in family firms is often driven by family assets, valuable resources that are particularly prevalent in family firms. For example, they have particularly strong networks that can be deployed in an innovation context. These family assets can over time atrophy and stifle rather than stimulate innovation performance. However, family firms can fight this process by institutionalizing innovation within the family and the firm by means of family and corporate governance and through incentivizing key individuals in the innovation process.