Trade secret protection and R&D investment of family firms

Hussinger, Katrin and Issah, Wunnam ORCID: https://orcid.org/0000-0002-0942-8228 (2022) Trade secret protection and R&D investment of family firms. Family Business Review, 35 (4). pp. 361-382. ISSN 0894-4865

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Abstract

Family firms are known for their reluctance to invest in R&D. We show that strengthened trade secret protection is associated with higher R&D investment by family firms. More specifically, we show that the association between the strength of trade secret protection through the U.S. Uniform Trade Secrets Act and R&D investment is positively moderated by family control. Our results further show that the positive moderation of family control on the association between the strength of trade secret protection and R&D investment varies with the industry context, being stronger in high-tech industries and weaker in discrete product industries.

Item Type:	Article
Uncontrolled Keywords:	sdg 9 - industry, innovation, and infrastructure ,/dk/atira/pure/sustainabledevelopmentgoals/industry_innovation_and_infrastructure
Faculty \ School:	Faculty of Social Sciences > Norwich Business School
Depositing User:	LivePure Connector
Date Deposited:	14 Mar 2024 15:30
Last Modified:	18 Mar 2024 00:52
URI:	https://ueaeprints.uea.ac.uk/id/eprint/94701
DOI:	10.1177/08944865221125542

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