Too Many Cooks in the Kitchen

Abstract

This study examines the connection between innovative capacity and small family firm performance and how that relation is moderated by collaborative network orientation and family firm ownership. Using regression analyses of survey data, we found support for a link between innovative capacity and performance that was moderated by the collaborative network orientation and the dispersal of ownership of the family firm. Furthermore, our findings indicate that two configurations enhance this link: (a) concentrated ownership combined with high collaborative network orientation and (b) dispersed ownership and low collaborative network orientation.