Eco-innovations in family SMEs: Understanding the role of financial performance satisfaction
研究了家族中小企业财务绩效满意度与生态创新之间的倒U型关系，基于荷兰家族中小企业数据验证假设，对管理者和研究者有启示。
What drives eco-innovations among family SMEs? Given the mixed findings about family firms’ engagement in environmental practices, this question has profound implications for academia and practitioners. By applying the mixed gamble lens, we propose an inverted U-shape relationship between financial performance satisfaction and the extent to which family SMEs introduce eco-innovations. An analysis using data from Dutch family SMEs supports our hypothesis. Our results provide not only managerial implications for family business practitioners to enhance eco-innovations, but also challenge prior findings in sustainability and family business research regarding the linear relationship between financial performance satisfaction and strategic decisions, opening avenues for future research to dive deeper into the complex impact of financial performance satisfaction on organizational outcomes.