Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2020.1763824
Entrepreneurial orientation and socioemotional dimensions in small family hotels: do they impact business performance?
Ivana Bujan
orcid.org/0000-0002-2200-6070
Sažetak
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.
Ključne riječi
small family hotels; entrepreneurial orientation; socioemotional wealth (S.E.W.); non-financial performance; entrepreneurial knowledge
Hrčak ID:
254584
URI
Datum izdavanja:
9.2.2021.
Posjeta: 628 *