Dynamic absorptive and innovative capabilities as determinants of family business performance

Felipe Hernández-Perlines, Wenkai Xu, Luis Andrés Araya-Castillo, Antonio Ariza-Montes

Research output: Contribution to journalArticlepeer-review

Abstract

This research addresses the relationship between absorptive capacity, innovative capacity and performance in family businesses, using a second-generation structural equation method (PLS-SEM). This work presents the following contributions: 1) absorptive capacity determines 31.8% of the variance in the performance of family businesses; 2) the absorptive capacity positively influences the innovative capacity, being able to explain the first 55.2% of the variance of the second; 3) the effect of the absorptive capacity on the performance of family businesses is reinforced when we consider the mediating role of the innovative capacity, increasing up to 37.4% the explanatory power of the absorptive capacity in the variance of the performance of the family companies; 4) when the innovative capacity is included, the direct influence of the absorptive capacity in the performance of the family companies is annulled, being the mediating effect of the total innovative capacity.

Original languageEnglish
Pages (from-to)235-258
Number of pages24
JournalInternational Journal of Business Environment
Volume13
Issue number3
DOIs
Publication statusPublished - 2022

Keywords

  • absorptive capacity
  • family businesses
  • innovative capacity
  • mediating effect
  • performance
  • PLS

ASJC Scopus subject areas

  • Business and International Management
  • Strategy and Management
  • Management Science and Operations Research
  • Management of Technology and Innovation

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