Search results for "socioemotional wealth"
showing 5 items of 5 documents
Socioemotional Wealth and Networking in the Internationalisation of Family SMEs
2021
In internationalisation processes, international expansion exposes family SMEs to external networking and the risks such expansion entails, and perceived threats to their socioemotional wealth (SEW) might restrain their willingness to take these actions. However, very few studies measure SEW and associate it with internationalisation. Considering SEW preservation’s prominence in family SMEs and SMEs’ heavy dependence on networking during internationalisation, we hypothesise that SEW preservation has a negative association and networking has a positive association with the family SMEs’ degree of internationalisation (DOI). We reconstruct four SEW constructs that carry significance for family…
Socioemotional wealth in family business research: A systematic literature review on its definition, roles and dimensions
2022
This study aims to depict the current state of research on socioemotional wealth (SEW) in family businesses considering its definitions, roles, and dimensions. Using the SPAR-4-SLR protocol (Paul, Lim, O’Cass, Hao, & Bresciani, 2021), we develop a systematic review of literature on SEW covering 74 studies published between 2007 and 2022. We propose a comprehensive definition of SEW based on four nonfinancial aspects and an association model that reviews the roles of SEW as an antecedent, a consequence, or a moderator. We also offer a new conceptual model for SEW comprising a general dimension and ten specific dimensions to facilitate empirical inquiries into areas beyond those considered by…
The paradox of sustainable development : a conceptual framework for sustainability-driven family entrepreneurship from socio-emotional wealth perspec…
2013
Sustainability-driven Entrepreneurship (SE) has recently received considerable attention in entrepreneurship and sustainability literature in mainstream journals. It is topical in the literature because scholars believe that SE practices can reverse market imperfections created by conventional entrepreneurial practices into sustainable opportunity to drive the world into the next industrial revolution. While much has been written about this, how it relates to family-owned businesses has not been extensively studied. Even though family business scholars have studied the incremental aspect of the concept but on a more radical perspective, there is a gap in the literature. This study has been …
Internationalization of family-controlled SMEs from the process, network and socioemotional wealth perspectives
2016
Perheyritysten kansainvälistyminen on saanut vähän huomiota kansainvälisen liiketoiminnan tutkimusalalla. Tämä laadullinen tapaustutkimus tarttuu tähän tutkimusaukkoon ja lähestyy teemaa jopa perheyritysten kansainvälistymistutkimuksessa itsessään suhteellisen vähälle huomiolle jääneiden näkökulmien kautta: prosessi, verkosto ja sosioemotionaalinen vauraus (socioemotional wealth, SEW). Tämä tutkimus tarjoaa vastauksia siihen, kuinka perheiden kontrolloimat pk-yritykset rakentavat kansainvälisiä verkostoja, minkälaisia ulkomaiset verkostosuhteet ovat ja missä määrin SEW selittää yritysten kansainvälistymistä. Jotta tutkimustavoitteilla olisi heijastuspintaa, tutkimusta varten tehtiin kattava…