We use cookies to ensure that we give you the best experience on our website. By continuing to browse this repository, you give consent for essential cookies to be used. You can read more about our Privacy and Cookie Policy.

Durham Research Online
You are in:

Tracing the roots of innovativeness in family SMEs : the effect of family functionality and socioemotional wealth.

Filser, M. and De Massis, A. and Gast, J. and Kraus, S. and Niemand, T. (2017) 'Tracing the roots of innovativeness in family SMEs : the effect of family functionality and socioemotional wealth.', Journal of product innovation management., 35 (4). pp. 609-628.


By integrating literature on family functionality, family firms, and socioemotional wealth (SEW), we develop a theoretical model explaining how family functionality and SEW dimensions influence firm innovativeness. Our multigroup structural equation model on two samples of family small and medium‐sized enterprises (SMEs) shows that family functionality is positively linked to SEW, whereas divergences emerge on the effect of different SEW dimensions on innovativeness. Binding social ties, the emotional attachment of family members to the firm, and the renewal of family bonds through intrafamily succession positively affect family SME innovativeness, while identification of family members with the firm has a negative effect. By deepening current understanding of the role and functionality of controlling families as determinants of their propensity to preserve SEW and achieve innovativeness, our findings offer important implications for theory and practice, paving the way for future research on SEW and family firm innovation.

Item Type:Article
Full text:(AM) Accepted Manuscript
Download PDF
Publisher Web site:
Publisher statement:This is the accepted version of the following article: Filser, M., De Massis, A., Gast, J., Kraus, S. & Niemand, T. (2018). Tracing the Roots of Innovativeness in Family SMEs: The Effect of Family Functionality and Socioemotional Wealth. Journal of Product Innovation Management 35(4): 609-628, which has been published in final form at This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for self-archiving.
Date accepted:08 November 2017
Date deposited:16 September 2019
Date of first online publication:29 November 2017
Date first made open access:29 November 2019

Save or Share this output

Look up in GoogleScholar