Dataset on socio-emotional wealth and digital innovation in family businesses

This dataset contains survey data collected from 178 family-owned micro, small, and medium-sized enterprises (MSMEs) operating in the service sector in the Dominican Republic, primarily in Santo Domingo and the National District. The data were collected through a cross-sectional, quantitative research design to examine the relationships between socioemotional wealth (SEW), organizational capabilities for knowledge exploration and exploitation, and digital business model innovation. The dataset includes measures of the non-financial value that owning families derive from their businesses, their capabilities to explore new knowledge and exploit existing knowledge, and their engagement in digital business model innovation. The accompanying study employed partial least squares structural equation modeling (PLS-SEM) to assess the direct and indirect associations among these constructs. This dataset supports research on family business dynamics, socioemotional wealth, organizational learning, and digital innovation in emerging economies. It also provides empirical evidence relevant to the development of differentiated innovation support policies for MSMEs in the Dominican Republic. Given its cross-sectional and correlational nature, the dataset supports the examination of statistical associations rather than causal relationships.