Family Business and Technological Innovation Empirical Insights from
This book explores technological innovation in family firms, seeking to reconstruct the links between the heterogeneous dimensions of family businesses and their innovative behaviour. Building on and examining the traditional view of family firms as conse
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Empirical Insights from the Italian Pharmaceutical Industry Alessandra Perri Enzo Peruffo
Family Business and Technological Innovation
Alessandra Perri · Enzo Peruffo
Family Business and Technological Innovation Empirical Insights from the Italian Pharmaceutical Industry
Alessandra Perri Department of Management Ca’ Foscari University Venice, Italy
Enzo Peruffo Department of Business and Management LUISS Guido Carli Rome, Italy
ISBN 978-3-319-61595-0 ISBN 978-3-319-61596-7 (eBook) DOI 10.1007/978-3-319-61596-7 Library of Congress Control Number: 2017947743 © The Editor(s) (if applicable) and the Author(s) 2017 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: © nemesis2207/Fotolia.co.uk Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
“To the memory of Nonna Rita” Alessandra “To my son Andrea” Enzo
Acknowledgements
The authors wish to acknowledge the financial support of the LUISS Business School and the Department of Management of Ca’ Foscari University of Venice.
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Contents
1 Introduction 1 2 Theoretical Perspectives on Family Firms 9 3 Innovation in Family Firms: Critical Review of Theoretical and Empirical Literature 41 4 Family Firm Innovation in the Global Pharmaceutical Industry 71 5 Family Business and Technological Innovation: Evidence from the Italian Pharmaceutical Industry 95 6 Concluding Remarks and Avenues for Future Research 139 Index 157
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Abbreviations, Acronyms, or Chronology
BAM Big Pharma CEO GDP R&D RBV ROA SEW SMEs SSN USA USPTO
Behavioral Agency Model Big Pharmaceutical Companies Chief Executive Officer Gross Domestic Product Research and Development Resource-based View Return on Assets Soci
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