Trade secret protection and R&D investment of family firms

Katrin Hussinger (Lead Author), Wunnam Issah

Research output: Contribution to journalArticlepeer-review

5 Citations (Scopus)
2 Downloads (Pure)

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.
Original languageEnglish
Pages (from-to)361-382
Number of pages22
JournalFamily Business Review
Volume35
Issue number4
Early online date29 Sep 2022
DOIs
Publication statusPublished - Dec 2022

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