Vol.:(0123456789)
Review of Managerial Science
https://doi.org/10.1007/s11846-019-00350-7
1 3
ORIGINAL PAPER
The influence of family involvement and generational stage
on learning‑by‑exporting among family firms
Gregorio Sánchez‑Marín
1
· María Pemartín
1
· Joaquín Monreal‑Pérez
1
Received: 13 December 2018 / Accepted: 27 August 2019
© Springer-Verlag GmbH Germany, part of Springer Nature 2019
Abstract
This paper explores the link between export activity and product innovation in fam-
ily firms. Following the learning-by-exporting (LBE) hypothesis and considering
that family firms are not homogeneous entities, we examine differences among fam-
ily firms with regard to the influence of export activity on product innovation, based
on the degree of family involvement in management and on the generational stage.
Based on a sample of 7742 observations corresponding to over 770 family firms
operating in 20 different manufacturing industries in the period 2007–2016, empiri-
cal findings point to significant differences between family firms in terms of con-
verting the benefits of exporting into product innovation. A greater level of family
involvement in management fosters the LBE effect on product innovation through an
inverted U-shaped pattern, which reaches a peak when there are 2.45 family mem-
bers involved in managing the company. Contrary to expectations, results also show
a positive influence of first-generation family firms on the LBE effect on product
innovation.
Keywords Learning-by-exporting · Product innovation · Ability versus willingness ·
Family firm · Family involvement in management · Family generation · Panel data
methodology
Mathematics Subject Classification 90B50
* Gregorio Sánchez-Marín
gresanma@um.es
María Pemartín
pemartin@um.es
Joaquín Monreal-Pérez
jomonreal@um.es
1
Management and Finance Department, University of Murcia, Campus de Espinardo,
30100 Murcia, Spain