Does Socioemotional Wealth Matter for Competitive Advantage? A Case of Polish Family Businesses

Autor: Katarzyna Bratnicka-Myśliwiec, Martyna Wronka-Pośpiech, Tomasz Ingram
Jazyk: angličtina
Rok vydání: 2019
Předmět:
Zdroj: Journal of Entrepreneurship, Management and Innovation, Vol 15, Iss 1, Pp 123-146 (2019)
Druh dokumentu: article
ISSN: 2299-7326
DOI: 10.7341/20191515
Popis: A growing body of research is concerned with how family businesses achieve competitive advantage, yet unique qualities that distinguish family firms and non-family firms are sometimes overlooked. In our study, we argue that socioemotional wealth (SEW) may trigger or limit family firms’ strategic initiatives that ultimately shape their competitive advantage. Therefore, in our study of 193 Polish family firms, we investigate how (SEW) and a firm’s competitive advantage are associated with a family firm context. Our research results reveal that, indeed, (SEW) and competitive advantage are partially associated and SEW can be regarded as an important strategic antecedent to firm performance
Databáze: Directory of Open Access Journals