Inter‐firm R&D collaborations and green innovation value: The role of family firms' involvement and the moderating effects of proximity dimensions. (25th October 2018)

• Record Type: Journal Article
• Authors: Ardito, Lorenzo; Messeni Petruzzelli, Antonio; Pascucci, Federica; Peruffo, Enzo
• Is Part Of: Business strategy and the environment. Volume 28:Number 1(2019)
• Page Start: 185
• Page End: 197
• Publication Date: 2018-10-25
• Subjects: alternative energy -- family firm -- green innovation -- inter‐firm R&D collaborations -- joint patents -- proximity dimensions; Industrial management -- Environmental aspects -- Periodicals; Industries -- Environmental aspects -- Periodicals; 658.4083
• DOI: 10.1002/bse.2248
• Languages: English
• ISSNs: 0964-4733

Abstract

Abstract: The present paper investigates the relationship between the involvement of family firms in R&D collaborations aimed at developing green solutions and the value of resulting innovations. To dig into this relationship, the moderating effects of two proximity dimensions (i.e., geographical distance and technological relatedness) are also assessed. Analyses are based on a sample of 156 joint patents classified into the "Alternative energy production" field, as defined by the International Patent Classification Green Inventory and successfully filed at the United States Patent and Trademark Office in the period 1997–2010 by publicly listed companies. According to our conjectures, results reveal a positive relationship between the involvement of family firms and green innovation value. Moreover, our findings show that this relationship is hindered when partners are geographically distant or technologically proximate. Eventually, we contribute to the literature on green innovation by unveiling under which conditions inter‐firm R&D collaborations lead to more valuable innovations.