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dc.contributor.authorDelgado García, Juan Bautista 
dc.contributor.authorBlanco Mazagatos, Virginia 
dc.contributor.authorRomero Merino, María Elena 
dc.contributor.authorDíaz Portugal, Celia 
dc.date.accessioned2023-02-28T12:36:05Z
dc.date.available2023-02-28T12:36:05Z
dc.date.issued2022-06
dc.identifier.issn0024-6301
dc.identifier.urihttp://hdl.handle.net/10259/7469
dc.description.abstractThe last decades have seen increasing interest in the determinants of heterogeneity in family firm innovation. In this study, we respond to recent calls to address the micro-level mechanisms behind innovation in family firms. Specifically, we analyze the effect of family CEO affect, namely positive and negative affective traits, on the R&D investment decisions of family firms. We also analyze the moderating effect of family ownership structure on the influence of CEO affect on these strategic decisions. Consistent with affect maintenance arguments, our findings of a sample of 142 Spanish family firms show that positive family CEO affect negatively influences the R&D investments of family firms, while negative affect positively influences these investments. The results also show that family CEO ownership and family CEO branch ownership strengthen the effects of family CEO affect on R&D investments, whereas ownership concentration in other family branches weakens these effects.en
dc.description.sponsorshipThis work was supported by grant from the Spanish Ministry of Science and Innovation (Ministerio de Ciencia e Innovacion) ´ PID2020-120288 GB-I00.en
dc.format.mimetypeapplication/pdf
dc.language.isoenges
dc.publisherElsevieren
dc.relation.ispartofLong Range Planning. 2022, 102230en
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internacional*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.subjectEmotionsen
dc.subjectAffecten
dc.subjectInnovationen
dc.subjectFamily CEOen
dc.subjectFamily ownershipen
dc.subject.otherEconomíaes
dc.subject.otherEconomicsen
dc.titleFamily CEO affect and R&D investments of family firms: The moderation effect of family ownership structureen
dc.typeinfo:eu-repo/semantics/articlees
dc.rights.accessRightsinfo:eu-repo/semantics/openAccesses
dc.relation.publisherversionhttps://doi.org/10.1016/j.lrp.2022.102230es
dc.identifier.doi10.1016/j.lrp.2022.102230
dc.relation.projectIDinfo:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020/PID2020-120288GB-I00/ES/RESILIENCIA DE EMPRENDEDORES Y EMPRESAS FAMILIARES DURANTE LA COVID-19. RESPUESTAS DESDE EL CAPITAL PSICOLOGICO, EL CAPITAL SOCIAL Y LA RIQUEZA SOCIOEMOCIONAL/es
dc.journal.titleLong Range Planningen
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersiones


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