000135981 001__ 135981
000135981 005__ 20250403144232.0
000135981 0247_ $$2doi$$a10.1080/10438599.2024.2353296
000135981 0248_ $$2sideral$$a138993
000135981 037__ $$aART-2024-138993
000135981 041__ $$aeng
000135981 100__ $$0(orcid)0000-0003-2114-5033$$aOrtiz, Javier$$uUniversidad de Zaragoza
000135981 245__ $$aInnovation and firm performance: influence of ownership and professionalization
000135981 260__ $$c2024
000135981 5060_ $$aAccess copy available to the general public$$fUnrestricted
000135981 5203_ $$aEmpirical research has confirmed a mostly positive relationship between innovation and performance, but more work is needed to establish whether this relationship is homogeneous or whether it depends on other variables, such as ownership model (family/non-family) and who manages the company (owner/non-owner). This paper studies differences in the impact of innovation on productivity between family firms, owner-managed or professionalized, and non-family firms, also subdivided, for the first time in the academic literature, between owner-managed and non-owner-managed firms. A multistage model is used, controlling for endogeneity and selection bias issues. The results yielded by a large panel dataset of Spanish manufacturing firms suggest differences in the ability to benefit from innovation. These results confirm that, in non-professionalized firms, family ownership reduces the positive effect of innovation on productivity, while in professionalized firms, there are no significant differences between the family and non-family ownership model.
000135981 536__ $$9info:eu-repo/grantAgreement/ES/DGA/S42-23R-CREVALOR$$9info:eu-repo/grantAgreement/ES/AEI/PID2020-113338RB-I00
000135981 540__ $$9info:eu-repo/semantics/openAccess$$aby-nc$$uhttp://creativecommons.org/licenses/by-nc/3.0/es/
000135981 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/acceptedVersion
000135981 700__ $$0(orcid)0000-0001-8054-8997$$aGargallo-Castel, Ana$$uUniversidad de Zaragoza
000135981 7102_ $$14012$$2650$$aUniversidad de Zaragoza$$bDpto. Direcc.Organiza.Empresas$$cÁrea Organización de Empresas
000135981 773__ $$g(2024), [23 pp.]$$pEcon. innov. new technol.$$tEconomics of innovation and new technology$$x1043-8599
000135981 8564_ $$s444474$$uhttps://zaguan.unizar.es/record/135981/files/texto_completo.pdf$$yPostprint$$zinfo:eu-repo/date/embargoEnd/2025-11-21
000135981 8564_ $$s1574557$$uhttps://zaguan.unizar.es/record/135981/files/texto_completo.jpg?subformat=icon$$xicon$$yPostprint$$zinfo:eu-repo/date/embargoEnd/2025-11-21
000135981 909CO $$ooai:zaguan.unizar.es:135981$$particulos$$pdriver
000135981 951__ $$a2025-04-03-14:39:54
000135981 980__ $$aARTICLE