Patenting behavior of family firms

In his thesis, Dario Flückiger examined the patenting behavior of 69 automotive companies with European headquarters over the course of 3 years. Here is what he found:

  • There is no significant difference in the number of patents between family and non-family firms
  • However, patents of family firms are significantly less cited than that of non-family firms. This could be a sign of family firms innovating less radically with their innovations having less impact for the entire industry development
  • In terms of sales growth and profitability, family firms were outperforming non-family firms
  • Number of patents and patent citations both had a positive and significant effect on sales growth (measured with a 3-year time lag).
  • However, interestingly, number of patents and patent citations had a negative and significant effect on profitability (measured with a 3-year time lag)

If you are interested in the full results, please send an email to nadine.kammerlander [at] whu.edu

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s