TY - JOUR
T1 - Dynamic absorptive and innovative capabilities as determinants of family business performance
AU - Hernández-Perlines, Felipe
AU - Xu, Wenkai
AU - Araya-Castillo, Luis Andrés
AU - Ariza-Montes, Antonio
N1 - Publisher Copyright:
Copyright © 2022 Inderscience Enterprises Ltd.
PY - 2022
Y1 - 2022
N2 - 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.
AB - 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.
KW - absorptive capacity
KW - family businesses
KW - innovative capacity
KW - mediating effect
KW - performance
KW - PLS
UR - http://www.scopus.com/inward/record.url?scp=85133711742&partnerID=8YFLogxK
U2 - 10.1504/IJBE.2022.123701
DO - 10.1504/IJBE.2022.123701
M3 - Article
AN - SCOPUS:85133711742
SN - 1740-0589
VL - 13
SP - 235
EP - 258
JO - International Journal of Business Environment
JF - International Journal of Business Environment
IS - 3
ER -