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

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 ini...

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Main Authors: Katarzyna Bratnicka-Myśliwiec, Martyna Wronka-Pośpiech, Tomasz Ingram
Format: Article
Language:English
Published: Cognitione Foundation for the Dissemination of Knowledge and Science 2019-01-01
Series:Journal of Entrepreneurship, Management and Innovation
Subjects:
Online Access:http://jemi.edu.pl/uploadedFiles/file/all-issues/vol15/issue1/JEMI_Vol15_Issue1_2019_Article5.pdf
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author Katarzyna Bratnicka-Myśliwiec
Martyna Wronka-Pośpiech
Tomasz Ingram
author_facet Katarzyna Bratnicka-Myśliwiec
Martyna Wronka-Pośpiech
Tomasz Ingram
author_sort Katarzyna Bratnicka-Myśliwiec
collection DOAJ
description 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
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institution Kabale University
issn 2299-7326
language English
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publisher Cognitione Foundation for the Dissemination of Knowledge and Science
record_format Article
series Journal of Entrepreneurship, Management and Innovation
spelling doaj-art-6abdcc42851f4560bf6012dfefd1140b2025-02-03T01:09:05ZengCognitione Foundation for the Dissemination of Knowledge and ScienceJournal of Entrepreneurship, Management and Innovation2299-73262019-01-0115112314610.7341/20191515Does Socioemotional Wealth Matter for Competitive Advantage? A Case of Polish Family BusinessesKatarzyna Bratnicka-Myśliwiec0Martyna Wronka-Pośpiech1Tomasz Ingram2University of Economics in Katowice, Faculty of Economics, Department of Entrepreneurship and Management Innovation, ul. 1-go Maja 50, 40-287 Katowice, PolandUniversity of Economics in Katowice, Faculty of Economics, Department of Entrepreneurship and Management Innovation, ul. 1-go Maja 50, 40-287 Katowice, PolandUniversity of Economics in Katowice, Faculty of Economics, Department of Entrepreneurship and Management Innovation, ul. 1-go Maja 50, 40-287 Katowice, PolandA 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 performancehttp://jemi.edu.pl/uploadedFiles/file/all-issues/vol15/issue1/JEMI_Vol15_Issue1_2019_Article5.pdffamily business(SEW)competitive advantage
spellingShingle Katarzyna Bratnicka-Myśliwiec
Martyna Wronka-Pośpiech
Tomasz Ingram
Does Socioemotional Wealth Matter for Competitive Advantage? A Case of Polish Family Businesses
Journal of Entrepreneurship, Management and Innovation
family business
(SEW)
competitive advantage
title Does Socioemotional Wealth Matter for Competitive Advantage? A Case of Polish Family Businesses
title_full Does Socioemotional Wealth Matter for Competitive Advantage? A Case of Polish Family Businesses
title_fullStr Does Socioemotional Wealth Matter for Competitive Advantage? A Case of Polish Family Businesses
title_full_unstemmed Does Socioemotional Wealth Matter for Competitive Advantage? A Case of Polish Family Businesses
title_short Does Socioemotional Wealth Matter for Competitive Advantage? A Case of Polish Family Businesses
title_sort does socioemotional wealth matter for competitive advantage a case of polish family businesses
topic family business
(SEW)
competitive advantage
url http://jemi.edu.pl/uploadedFiles/file/all-issues/vol15/issue1/JEMI_Vol15_Issue1_2019_Article5.pdf
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AT tomaszingram doessocioemotionalwealthmatterforcompetitiveadvantageacaseofpolishfamilybusinesses