Title
Longterm Orientation of Family Firms: An Investigation of R&D Investments, Downsizing Practices, and Executive Pay (Innovation ,Used
Sold by Ergodebooks, an authorized reseller.
Returns accepted within 30 days | support@ergodebooks.com
Shipping Information
- Free Standard Shipping — United States only
- Processing Time: 1–3 business days
- Estimated Delivery: 3–5 business days after dispatch
- Double-boxed, fully insured & discreetly packaged
- Tracking number sent via email once dispatched
- Orders over $250 require signature upon delivery. Taxes calculated at checkout.
Returns & Refund
Returns accepted within 30 days of delivery.
Damaged or Defective Item
Free return shipping + replacement or full refund
Wrong Item Received
Free return shipping + replacement or full refund
Change of Mind
Return shipping at customer's expense · 25% restocking fee applies
Payment Option
Product Description Family firms are commonly assumed to be more longterm oriented than comparable nonfamily firms. Joern Block analyzes this phenomenon in more detail and investigates whether and under which conditions family firms pursue more longterm oriented strategies than other firms. From the Back Cover Recently, firms have been criticized for focusing too strongly on the short term and for neglecting investments in assets and capabilities required for longterm success, such as investments in R&D or in employee training. Family firms are considered to be different. They are commonly assumed to be more longterm oriented than comparable nonfamily firms. Joern Block analyzes this phenomenon in more detail and investigates whether and under which conditions family firms pursue more longterm oriented strategies than other firms. To this end, he compares R&D activities, downsizing practices and executive compensation of family firms with those of nonfamily firms. He also develops a theoretical model of how to pay a nonfamily manager who works in a family firm. About the Author Dr. Joern Block is a researcher at the Schller Chair in Technology and Innovation Management at Technische Universitt Mnchen. His research focuses on innovation, entrepreneurship, and family firms.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.