Schäfer, Dorothea; Stephan, Andreas; Mosquera, … - In: Small Business Economics 48 (2017) 4, pp. 931-951
Using the Mannheim innovation panel, we investigate whether family firms have higher financial need and how this affects both innovation input and innovation outcomes such as firm or market novelties, or process innovation. Applying the CDM framework, we find that family firms are more likely to...