Nurturing seeds of innovation: the relationship between entrepreneurial orientation and socio-emotional wealth and its implications for family business innovation
This research examines the relationship between the transmission of entrepreneurial orientation (EO) and socio-emotional wealth (SEW), and their implications for family firms' innovation. To achieve this, a single case study was conducted on a Spanish family business through interviews and docu...
| Authors: | , , |
|---|---|
| Format: | article |
| Status: | Published version |
| Publication Date: | 2024 |
| Country: | Costa Rica |
| Institution: | Instituto Tecnológico de Costa Rica |
| Repository: | Portal de Revistas TEC |
| Language: | English |
| OAI Identifier: | oai:ojs.pkp.sfu.ca:article/7283 |
| Online Access: | https://revistas.tec.ac.cr/index.php/tec_empresarial/article/view/7283 |
| Access Level: | Open access |
| Keyword: | Innovación orientación emprendedora riqueza socioemocional empresa familiar Innovation entrepreneurial orientation socio-emotional wealth family firm |
| Summary: | This research examines the relationship between the transmission of entrepreneurial orientation (EO) and socio-emotional wealth (SEW), and their implications for family firms' innovation. To achieve this, a single case study was conducted on a Spanish family business through interviews and document review. Data were analyzed using thematic and critical incident analysis. The findings of the case study underscore that the relationship between entrepreneurial orientation and socio-emotional wealth is intricate and has significant implications for innovation. The dynamic relationship between entrepreneurial orientation and socio-emotional wealth is characterized by a mutually reinforcing symbiosis, which contributes to ensure the long-term survival of the analyzed family business. |
|---|