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Journal of Small Business Management Volume 56, 2018 - Issue sup1
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Original Articles

Socioemotional Wealth and Innovativeness in Small‐ and Medium‐Sized Family Enterprises: A Configuration Approach

Johanna GastView further author information
,
Matthias FilserView further author information
,
J. P. Coen RigteringView further author information
,
Rainer HarmsCorrespondence[email protected]
View further author information
,
Sascha KrausView further author information
&
Man‐ling ChangView further author information
Pages 53-67 | Published online: 11 Nov 2019
 
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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.

Additional information

Notes on contributors

Johanna Gast

Johanna Gast is Assistant Professor at Montpellier Business School ‐ MRM, France.

Matthias Filser

Matthias Filser is Assistant Professor at the University of Liechtenstein, Institute for Entrepreneurship.

J. P. Coen Rigtering

J. P. Coen Rigtering is Assistant Professor in Strategy and Organization at Utrecht University, Utrecht University School of Economics.

Rainer Harms

Rainer Harms is Associate Professor at NIKOS, University of Twente, Institute for Innovation and Governance Studies.

Sascha Kraus

Sascha Kraus is Research Professor in Innovation & Entrepreneurship at the École Supérieure du Commerce Extérieur ‐ ESCE International Business School, Paris, France.

Man‐ling Chang

Man‐Ling Chang is Assistant Professor in the Department of Business Administration of National Chung Hsing University.

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