Socioemotional Wealth and Innovativeness in Small- and Medium-Sized Family Enterprises: A Configuration Approach

Johanna Gast, Matthias Filser, J. P.Coen Rigtering, Rainer Harms* (Corresponding Author), Sascha Kraus, Man Ling Chang

*Corresponding author for this work

    Research output: Contribution to journalArticleAcademicpeer-review

    60 Citations (Scopus)
    291 Downloads (Pure)

    Abstract

    What makes small- and medium-sized family firms (family SMEs) innovative? Some family firm dynamics promote, yet others hinder innovation. It remains unclear whether combinations of family firm dynamics increase innovativeness. Our configurational perspective of socioemotional wealth (SEW) unravels determinants of family SMEs' innovativeness. We conduct a fuzzy set qualitative comparative analysis with 452 Swiss family SMEs. We categorize SEW dimensions into configurations of necessary and sufficient conditions. We contribute to theory on family SMEs' innovativeness because we reveal that the interplay of SEW dimensions leads to innovativeness. This offers practitioners a better framework to choose between SEW configurations.

    Original languageEnglish
    Pages (from-to)53-67
    Number of pages15
    JournalJournal of small business management
    Volume56
    Issue numberS1
    Early online date5 Jan 2018
    DOIs
    Publication statusPublished - 1 Mar 2018

    Keywords

    • UT-Hybrid-D

    Fingerprint

    Dive into the research topics of 'Socioemotional Wealth and Innovativeness in Small- and Medium-Sized Family Enterprises: A Configuration Approach'. Together they form a unique fingerprint.

    Cite this