Technological Innovation Inputs, Outputs, and Performance
研究了家族管理如何调节研发投入与持续技术创新、以及技术创新成果与长期绩效之间的关系，发现家族管理会降低研发投入转化为创新成果的效率，但能提升创新成果对长期绩效的正面影响。
The aim of this research is to study the moderating role of family management in the relationships between the intensity of research and development and the occurrence of continuous technological innovation and between the existence of technological innovation outcomes and long-term firm performance. The results show that family management reduces efficiency in the conversion of research and development expenses into technological innovation outcomes over time. Our findings also suggest that the influence of family management significantly contributes to improving the effect of the achievement of technological innovation on long-term performance.