Advancing research on creativity in family firms

UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
Dianne H.B. Welsh, Distinguished Professor of Entrepreneurship (Creator)
Institution
The University of North Carolina at Greensboro (UNCG )
Web Site: http://library.uncg.edu/

Abstract: To survive, firms need to be able to regenerate/renew themselves: creativity is key to firms’ enduring competitiveness (Gong et al., 2009). This is of particular importance for family businesses, where transgenerational continuity is at the core of family owners’ preoccupations, leading to family firms’ long-term orientation (e.g. Le Breton Miller and Miller, 2006). Research has well established the link between firms’ performance and creativity (Gong et al., 2009), as creativity – defined as the production, by an individual or a collective, of new and useful ideas (Amabile, 1988) – is key in developing new methods or products (Hauser et al., 2006) that enable the firm to renew itself. For this reason, exploring creativity should be included in family business scholars’ agenda in the upcoming years. Indeed, while innovation in family business is well documented (Calabrò et al., 2019), creativity has received little attention in family business research. This chapter identifies the possible paths for creativity in family businesses: Do family businesses represent organizational contexts likely to encourage creativity?

Additional Information

Publication
A. Calabrò (Ed.), A research agenda for family business: A way ahead for the field. Chapter 10, pp. 157-168. Cheltenham, UK: Edward Elgar Publishing.
Language: English
Date: 2020
Keywords
family business, creativity, Positive Organizational Behavior, Psychological Capital

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