Semantic test of a technology management model in family business

  • Guillermo Jesús Larios Universidad Anáhuac México
  • Argentina Soto Universidad Anáhuac México
Keywords: Family business, Management of technology, Innovation, Network analysis

Abstract

This paper assembles family business conceptions from the innovation and technology management perspective, and tests them in the case of a Mexican sugarcane producer. Literature indicates that non-financial objectives, risk aversion and strong controls negatively influence family firms’ innovation outcomes. Based on semantic network analysis, we collected transversal information on the firm’s technology activities, innovation values and organizational flows, which allowed for the identification of an organizational management profile that shapes an innovation style. Although we acknowledge literature consistency in aspects such as family direct influence and control, or the importance of STI partnerships and external knowledge, our findings didn’t identify any concerns about losing control in parts of the family business. This research contributes to the understanding of technology management and organizational elements in an emerging economy’s family firm from a relational perspective. Implications for theory endorsement and characterization of family business innovation and technology management in developing countries are discussed.

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Author Biographies

Guillermo Jesús Larios, Universidad Anáhuac México

Profesor investigador

 

Argentina Soto, Universidad Anáhuac México
Profesora investigadora
Published
2017-10-26
How to Cite
Larios, G. J., & Soto, A. (2017). Semantic test of a technology management model in family business. Journal of Technology Management & Innovation, 12(3), 58-66. https://doi.org/10.4067/S0718-27242017000300006
Section
Research Articles