Innovation in family business

Published on January 18, 2015   46 min

Other Talks in the Series: Entrepreneurship

Hello. I am Alfredo De Massis. I am Chair Professor of Entrepreneurship and Family Business at Lancaster University Management School, where I am also the director of the school's Centre for Family Business. During my career, I have been teaching about family business and innovation at undergraduate, master, and doctoral levels at Lancaster and elsewhere. I also teach in executive education programs, and serve as a scientific director in executive programs about innovation in family business. And I also do consulting to family business. So today, I will be talking to you about family business and innovation.
Before we get started, I would like to review today's agenda. Well, as you will see, it's made of five parts. First, I will start with an introduction to innovation in family business and showing to you what we currently know. Then I will provide some hints about family governance and its effects on innovation. Then I will discuss the findings from some of my published studies on innovation in family business. And finally, I will show how family businesses offer an extraordinary place to leverage their tradition in order to innovate, and I will draw some conclusions.