Innovation Through Tradition: The Role of Past Knowledge for Successful Innovations in Family and Non-family Firms
利用1956-2013年全球葡萄酒技术数据，定量比较家族与非家族企业在创新中利用成熟知识的程度，发现家族企业更多使用成熟知识并从中获得更高价值。
Innovation literature increasingly considers the importance of the temporal dimension of knowledge search. In particular, several qualitative studies demonstrate how family firms successfully search for and recombine mature knowledge into innovations. This paper extends this line of research by quantitatively examining knowledge search in family versus non-family firms in a unique dataset in global wine technology between 1956 and 2013. Our data show that family firms use mature knowledge in their innovation processes to a greater extent than non-family firms. Furthermore, family firms seem to draw higher value from mature knowledge than non-family firms.