The entrepreneurial orientation - performance relationship i family firms the moderating role of socioemotional wealth / Schepers, Je

By: Schepers, Jelle
Material type: ArticleArticlePublisher: 2014Description: 39-55Subject(s): Firm Performance | Socio-Emotional Wealth | Private Family Firms | Entrepreneurial Orientation In: Small Business EconomicsSummary: Drawing on socioemotional wealth (SEW) literature, this paper revisits the established entrepreneurial orientation (EO) - performance relationship in a family business context. The main idea in entrepreneurship literature is that EO leads to increased firm performance. We question this logic in a family business context because family related non-financial goals, like SEW, may prevent the firm to reap the fruits of their entrepreneurial efforts. Specifically, we argue that SEW engenders inefficiencies that place constraints on the realization of the benefits of entrepreneurship. Therefore, we propose that a high level of SEW preservation hinders the transmission of the family firm
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Articles Articles Ahmedabad (HO)
(Browse shelf) Vol. 43, Issue. 1 Available 018035

Drawing on socioemotional wealth (SEW) literature, this paper revisits the established entrepreneurial orientation (EO) - performance relationship in a family business context. The main idea in entrepreneurship literature is that EO leads to increased firm performance. We question this logic in a family business context because family related non-financial goals, like SEW, may prevent the firm to reap the fruits of their entrepreneurial efforts. Specifically, we argue that SEW engenders inefficiencies that place constraints on the realization of the benefits of entrepreneurship. Therefore, we propose that a high level of SEW preservation hinders the transmission of the family firm

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