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Nurturing seeds of innovation: the relationship between entrepreneurial orientation and socio-emotional wealth and its implications for family business innovation

Author

Listed:
  • Ana Lucia Caicedo-Leitón

    (Public University of Navarra, Spain)

  • Nuria Villanueva

    (Public University of Navarra, Spain)

  • Lucía Garcés-Galdeano

    (Public University of Navarra, Spain)

Abstract

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.

Suggested Citation

  • Ana Lucia Caicedo-Leitón & Nuria Villanueva & Lucía Garcés-Galdeano, 2024. "Nurturing seeds of innovation: the relationship between entrepreneurial orientation and socio-emotional wealth and its implications for family business innovation," TEC Empresarial, School of Business, Costa Rica Institute of Technology (ITCR), vol. 18(3), pages 12-34.
    • Handle: RePEc:ris:tecemp:2414
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    References listed on IDEAS

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