Work

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

Year: 2019

Type: article

Abstract: 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.

Source: Journal of Entrepreneurship Management and Innovation

DOI: 10.7341/20191515

Authors: Katarzyna Bratnicka-Myśliwiec, Martyna Wronka-Pośpiech, Tomasz Ingram

Institution: University of Economics in Katowice

Language: English

Topic: Family Business Performance and Succession

Subfield: Organizational Behavior and Human Resource Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W2933719961

FWCI: 3.857

Cites: 77

Cited by: 20

Related to: 10