Socioemotional Wealth and Financial Performance and Their Impact on Innovation Initiatives in Mexican Family Businesses: A Case Study

Autor: Jose A. Vazquez-Villalpando, Jorge A. Duran-Encalada
Rok vydání: 2020
Předmět:
Zdroj: Intrapreneurship and Sustainable Human Capital ISBN: 9783030494094
DOI: 10.1007/978-3-030-49410-0_16
Popis: This work contributes to understanding the connection between family firms’ goals and interests with the resources and competences they use to carry out entrepreneurial actions connected mainly with innovation. To examine this issue, the authors conducted an explorative-descriptive case study that included two Mexican family firms. The results show that it is possible to find an alignment between financial performance and socioemotional wealth (SEW) and the different types of resources and competences that a family firm displays to reach them. Also, the firm’s entrepreneurial orientation (EO) may serve to moderate this alignment.
Databáze: OpenAIRE