{"id":9040,"date":"2024-02-02T17:51:22","date_gmt":"2024-02-02T16:51:22","guid":{"rendered":"https:\/\/casmef.luiss.it\/publications\/open-innovation-in-family-owned-firms\/"},"modified":"2026-11-05T17:25:50","modified_gmt":"2026-11-05T16:25:50","slug":"open-innovation-in-family-owned-firms","status":"publish","type":"casmef_publication","link":"https:\/\/casmef.luiss.it\/en\/publications\/open-innovation-in-family-owned-firms\/","title":{"rendered":"Open innovation in family-owned firms"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Abstract: This paper investigates the impact of family ownership on firms\u2019 adoption of open innovation strategies. Using data from the VIII UniCredit survey on medium-sized enterprises, we find that family ownership is positively and significantly associated with the adoption of open innovation models by firms. The propensity to engage in open innovation by family firms is particularly pronounced in firms involved in product innovation and in collaborations with suppliers. The paper also delves into the inherent characteristics of family owners, emphasizing that the positive association between family ownership and open innovation is largely driven by their long-term perspective and relational abilities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peruzzi, V. (2024, February). (CASMEF Working Paper Series No. (1). Arcelli Centre for Monetary and Financial Studies, LUISS Guido Carli.<\/p>\n","protected":false},"template":"","publication_type":[559],"class_list":["post-9040","casmef_publication","type-casmef_publication","status-publish","hentry"],"acf":{"pub_unit":8772,"pub_file":9037},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Open innovation in family-owned firms - Casmef<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/casmef.luiss.it\/en\/publications\/open-innovation-in-family-owned-firms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Open innovation in family-owned firms - Casmef\" \/>\n<meta property=\"og:description\" content=\"Peruzzi, V. (2024, February). 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