Innovation and productivity in family firms: evidence from a sample of European firms

ABSTRACT Using firm-level data, we estimate the returns to R&D investments for a sample of European manufacturing firms over the period 2007–2009. Results confirm that R&D efforts are positively related to productivity regardless of firm type (family or nonfamily firms). Additionally, we find that family firms invested more in R&D than nonfamily firms, but the returns to their R&D investments are low, emphasizing that they have a lower capacity to translate R&D investments into economic gains.

• Publication year

  2019

• Venue

  Economics of Innovation and New Technology

• Publication date

  2019-06-19

• Fields of study

  Business, Economics

• Identifiers
  DOI 10.1080/10438599.2019.1629533
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

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