German family businesses – more innovative than expected?!

Internal corporate venturing (ICV) in family businesses

How family businesses systematically develop innovation

German family businesses and medium-sized businesses ("German Mittelstand") are often accused of lacking innovation and digitization capabilities. However, many traditional companies have already established innovation centres and their own units that develop new products and business models in a targeted manner. There are fundamental differences to both start-ups and corporations. Our study in cooperation with the WHU - Otto Beisheim School of Management provides quantitative and qualitative insights.