Family firms in the maelstrom of international market entry and innovation – Can socio-emotional wealth (SEW) and entrepreneurial orientation (EO) be reconciled?
Family firms in the maelstrom of international market entry and innovation – Can socio-emotional wealth (SEW) and entrepreneurial orientation (EO) be reconciled?
Author(s): Gyula Márton SzabóSubject(s): Business Economy / Management
Published by: Akadémiai Kiadó
Keywords: family business; innovation; internationalization; socio-emotional wealth; entrepreneurial orientation
Summary/Abstract: I examine the relationship between the internationalisation of family firms and innovation. After the review of the relevant literature, I group together the narrow research topics addressed in the literature, which largely confirm the positive relationship between the two categories. Moreover, I demonstrate a theoretical framework which, according to the literature, can be implemented to put socio-emotional welfare and entrepreneurial orientation, which are restraining the internationalisation of family firms, on a common path, so that they can contribute to enhancing the innovative and international performance of family firms in a mutually supportive way.
Journal: Society and Economy. In Central and Eastern Europe ǀ Journal of the Corvinus University of Budapest
- Issue Year: 45/2023
- Issue No: 4
- Page Range: 432-450
- Page Count: 19
- Language: English
