Christopher R. Penney is an Assistant Professor in the Department of Management and Information Systems, College of Business, Mississippi State University, Mississippi State, Mississippi, USA.
Insights From Family Science: The Case of Innovation
Article first published online: 30 SEP 2013
© 2013 Baylor University
Entrepreneurship Theory and Practice
Family Business Special Issue
Volume 37, Issue 6, pages 1421–1427, November 2013
How to Cite
Penney, C. R. and Combs, J. G. (2013), Insights From Family Science: The Case of Innovation. Entrepreneurship Theory and Practice, 37: 1421–1427. doi: 10.1111/etap.12074
- Issue published online: 6 NOV 2013
- Article first published online: 30 SEP 2013
By explaining processes through which familiness affects innovation, Carnes and Ireland take an important step toward explaining prior mixed findings. Their research also underscores the heterogeneity of families in that different family firms have different innovative outcomes. We adapt the circumplex model from family science research to help explain which families might innovate. Our larger purpose, however, is to offer a small example of the kind of theory building that we believe will be necessary for family businesses researchers to fully leverage insights from family science.