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

13 Citations (Scopus)
39 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

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