Does Socioemotional Wealth Matter for Competitive Advantage? A Case of Polish Family Businesses
Does Socioemotional Wealth Matter for Competitive Advantage? A Case of Polish Family Businesses
Author(s): Katarzyna Bratnicka-Myśliwiec, Martyna Wronka-Pośpiech, Tomasz IngramSubject(s): Business Economy / Management, Sociology
Published by: Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione"
Keywords: family business; Socioemotional Wealth; SEW; competitive advantage
Summary/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.
Journal: Journal of Entrepreneurship, Management and Innovation
- Issue Year: 15/2019
- Issue No: 1
- Page Range: 123-146
- Page Count: 24
- Language: English
