The Role of Innovation in Small and Medium-Sized Family Firms: A Literature Review

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dc.contributor.authorŽižlavský, Ondřejcs
dc.contributor.authorJaníčková, Nikolacs
dc.coverage.issue5cs
dc.coverage.volume9cs
dc.date.issued2021-06-03cs
dc.description.abstractThis article builds on existing family business research conducted worldwide and embeds the research results in the Czech context to portray the Czech Republic as a critically important context for extending our knowledge on important family firms’ topics. In this article, we present a systematic review and integration of 69 articles published in peer-reviewed journals by Elsevier, Emerald, Wiley and others from 2015 to 2021 in order to answer two research questions: what is the role of innovation in SME family firms and what drives the innovation in family firms? Specifically, the content of the article discusses the new definition of family firm in the Czech Republic; the relationship between innovation and family firm growth; and some contextual factors that might affect the innovations in the Czech SME family firms: ability and willingness paradox, socioemotional wealth, and familiness. The insights of this review are used to develop suggestions for future research in setting the value of family firm where innovation can play an essential role as one of the core value drivers.en
dc.formattextcs
dc.format.extent102-120cs
dc.format.mimetypeapplication/pdfcs
dc.identifier.citationArchives of Business Research. 2021, vol. 9, issue 5, p. 102-120.en
dc.identifier.doi10.14738/abr.95.10221cs
dc.identifier.issn2054-7404cs
dc.identifier.orcid0000-0001-8520-4747cs
dc.identifier.orcid0000-0001-7475-9966cs
dc.identifier.other171719cs
dc.identifier.researcheridO-4005-2015cs
dc.identifier.scopus57192835452cs
dc.identifier.urihttp://hdl.handle.net/11012/200957
dc.language.isoencs
dc.publisherServices for Science and Educationcs
dc.relation.ispartofArchives of Business Researchcs
dc.relation.urihttps://journals.scholarpublishing.org/index.php/ABR/article/view/10221cs
dc.rightsCreative Commons Attribution 4.0 Internationalcs
dc.rights.accessopenAccesscs
dc.rights.sherpahttp://www.sherpa.ac.uk/romeo/issn/2054-7404/cs
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/cs
dc.subjectInnovationen
dc.subjectfamily firmen
dc.subjectsmall and medium-sized enterprises (SMEs)en
dc.subjectvalue driveren
dc.subjectbusiness innovation.en
dc.titleThe Role of Innovation in Small and Medium-Sized Family Firms: A Literature Reviewen
dc.type.driverarticleen
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen
sync.item.dbidVAV-171719en
sync.item.dbtypeVAVen
sync.item.insts2025.02.03 15:43:15en
sync.item.modts2025.01.17 18:35:21en
thesis.grantorVysoké učení technické v Brně. Fakulta podnikatelská. Ústav financícs
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