Family influence and R&D spending in Dutch manufacturing SMEs: The role of identity and socioemotional decision considerations

Prior research has revealed a negative association between family influence and R&D spending. The dominant explanation for this association centers on the role of socioemotional considerations in decision-making. These socioemotional decision considerations are argued to play a more prominent role among family firms and to lower their R&D spending intensity. However, to date, this negative explanatory mechanism has not been empirically verified. Moreover, a deeper analysis of the literature suggests that some family-induced socioemotional considerations may actually stimulate R&D i... Mehr ...