Open AccessCollaborative innovation in the family SME: conceptualization, goals, and success factors
Author(s) -
Unai Arzubiaga,
Amaia Maseda,
Amaia Uribarri,
Jesús Ruíz
Publication year - 2019
Publication title -
european journal of family business
Language(s) - English
Resource type - Journals
eISSN - 2444-8788
pISSN - 2444-877X
DOI - 10.24310/ejfbejfb.v9i2.5265
Subject(s) - conceptualization , affect (linguistics) , knowledge management , business , success factors , process (computing) , production (economics) , team composition , product (mathematics) , process management , family business , marketing , computer science , psychology , business administration , communication , artificial intelligence , economics , macroeconomics , operating system , geometry , mathematics
In a constantly changing environment, collaborative innovation enables the knowledge creation and new product designs, the improved efficiency of the production process and the reduction of time-to-market. However, the achievement of such results in the family SME depends mainly on the unique characteristics of this type of organization, which in turn represent the most widespread kind of business worldwide. Therefore, the objective of this article is to analyze how the composition of the management team, and the factors related to the capabilities –cognitive factors, absorptive capacity, and innovative trajectory- and the attitudes –preservation of SEW legacy and intra-organizational behavior- of the decision makers, mediated mainly by the influence of the family, affect when designing and implementing collaborative innovation processes in a successful way.