Entrepreneurial orientation and socioemotional dimensions in small family hotels: do they impact business performance?

被引:12
|
作者
Bujan, Ivana [1 ]
机构
[1] Polytech Med Cakovec, Dept Management, Cakovec, Croatia
来源
关键词
small family hotels; entrepreneurial orientation; socioemotional wealth (S; E; W; non-financial performance; entrepreneurial knowledge; CONTROLLED FIRMS; WEALTH; TOURISM; INNOVATION; ENVIRONMENT; INTENTIONS; SUCCESSION; RESOURCES; GROWTH;
D O I
10.1080/1331677X.2020.1763824
中图分类号
F [经济];
学科分类号
02 ;
摘要
The family business is a broad concept in which various fields, elements and corresponding influences overlap. Family-specific business motives, behaviours, relationships, emotions and other specificities constitute the heterogeneity of family business. Very strong social and emotional implications in family business indirectly affect family life and even the quality of life. The purpose of this study is to sum up and expand on the understanding of the heterogeneity of small family businesses. It also aims to identify and measure the specific entrepreneurial attributes, knowledge and socioemotional wealth (S.E.W.) of owners. For a sample of small family hotel owners in Croatia, each owner's specific knowledge, entrepreneurial orientation and motives for establishing a family hotel are analysed, considering the important role of tourism for Croatia. The empirical analysis in this article shows the effects of these distinct characteristics of owners on family-specific performance, where non-financial performance is more relevant. The study also offers a recommendation that local and regional governments organise specific education and networking events, given that the owners in this study who had participated in business-related education performed better. Therefore, low levels of innovation in family business could be improved with education.
引用
收藏
页码:1925 / 1942
页数:18
相关论文
共 50 条
  • [1] Impact of Entrepreneurial Orientation Dimensions on Performance of Small Enterprises: Do Entrepreneurial Competencies Matter?
    Khan, Mukaram Ali
    Zubair, Syed Sohaib
    Rathore, Kashif
    Ijaz, Maryam
    Khalil, Sumreen
    Khalil, Muhammad
    [J]. COGENT BUSINESS & MANAGEMENT, 2021, 8 (01):
  • [2] The role of socioemotional wealth and entrepreneurial orientation in family-managed hotels
    Singal, Manisha
    Batra, Safal
    [J]. JOURNAL OF HOSPITALITY AND TOURISM MANAGEMENT, 2021, 49 : 204 - 213
  • [3] The Dimensions of Entrepreneurial Orientation And Its Impact On Business Performance
    Hartelina
    [J]. PROCEEDINGS OF THE 2016 GLOBAL CONFERENCE ON BUSINESS, MANAGEMENT AND ENTREPRENEURSHIP, 2016, 15 : 898 - 902
  • [4] The effect of socioemotional wealth on the relationship between entrepreneurial orientation and family business performance
    Hernandez-Linares, Remedios
    Kellermanns, Franz W.
    Lopez-Fernandez, Maria Concepcion
    Sarkar, Soumodip
    [J]. BRQ-BUSINESS RESEARCH QUARTERLY, 2020, 23 (03) : 174 - 192
  • [5] Socioemotional wealth, entrepreneurial orientation and international performance of family firms
    Hernandez-Perlines, Felipe
    Ariza-Montes, Antonio
    Araya-Castillo, Luis
    [J]. ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA, 2020, 33 (01): : 3125 - 3145
  • [6] Entrepreneurial orientation, concern for socioemotional wealth preservation, and family firm performance
    Hernandez-Perlines, Felipe
    Covin, Jeffrey G.
    Ribeiro-Soriano, Domingo E.
    [J]. JOURNAL OF BUSINESS RESEARCH, 2021, 126 : 197 - 208
  • [7] Entrepreneurial and Small Business Orientation and its Impact on Small and Medium Enterprise Performance in Chile
    Oliva-Becerra, Ismael
    Herrera-Urra, Cristian Andres
    Chaparro-Pena, Sebastian Ariel
    [J]. REVISTA DE CIENCIAS SOCIALES, 2012, 18 (03): : 498 - 508
  • [8] Entrepreneurial orientation and socioemotional wealth as enablers of the impact of digital transformation in family firms
    Lasio, Virginia
    Gomez, Juan M.
    Rosso, John
    Sanchez, Alejandro
    [J]. JOURNAL OF FAMILY BUSINESS MANAGEMENT, 2024,
  • [9] DRIVEN BY EMOTIONS: THE MODERATING EFFECT OF SOCIOEMOTIONAL WEALTH DIMENSIONS ON THE LINK BETWEEN ENTREPRENEURIAL ORIENTATION AND INNOVATION PERFORMANCE IN FAMILY FIRMS
    Lehmann, David M.
    Mrozewski, Matthias
    Mauer, Rene
    [J]. INTERNATIONAL JOURNAL OF INNOVATION MANAGEMENT, 2023, 27 (03N04)
  • [10] The family-level of generational involvement: impact on the nexus between entrepreneurial orientation and business performance among small family businesses
    Liew, Mei Xuan
    Loo, Yoke Mei
    [J]. JOURNAL OF FAMILY BUSINESS MANAGEMENT, 2024, 14 (03) : 475 - 494