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Dynamic absorptive and innovative capabilities as determinants of family business performance

Authors

Hernandez-Perlines, Felipe , Xu, Wenkai , Andres Araya-Castillo, Luis , ARIZA MONTES, JOSÉ ANTONIO

External publication

No

Means

Int. J. Bus. Environ.

Scope

Article

Nature

Científica

JCR Quartile

SJR Quartile

SJR Impact

0.279

Publication date

04/04/2022

ISI

000819469600001

Scopus Id

2-s2.0-85133711742

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.

Keywords

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

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