Family businesses in the Czech republic and their involvement in digitization
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F23%3A43907004" target="_blank" >RIV/60076658:12510/23:43907004 - isvavai.cz</a>
Result on the web
<a href="https://omp.ef.jcu.cz/index.php/EF/catalog/book/88" target="_blank" >https://omp.ef.jcu.cz/index.php/EF/catalog/book/88</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.32725/978-80-7694-053-6.30" target="_blank" >10.32725/978-80-7694-053-6.30</a>
Alternative languages
Result language
angličtina
Original language name
Family businesses in the Czech republic and their involvement in digitization
Original language description
Our article deals with family businesses according to Czech legal regulations. It summarizes their specifics and typical features, including their involvement in digitization and the use of artificial intelligence. Family businesses have been emerging in the Czech Republic for the past thirty years. The term family business is appearing more and more in the names of already existing companies. The number of these companies is also growing in the Register of Family Businesses. That is why we are thinking about what advantages such a designation can bring to the company and at the same time what it can bring to our Czech society. According to expert estimates, family businesses create more than half of the gross domestic product. They are usually local patriots, invest and plan their development for future generations. The influence of the family business on the education of the next generations, the intergenerational transfer of experience is essentially essential. On the other hand, such a company designation represents new obligations and different expectations of state and other institutions, business partners and customers. Automation and digitization belong to the current and future functioning of family businesses. Research shows that family businesses are not afraid of these challenges, increasing their performance, effectiveness and resilience.
Czech name
—
Czech description
—
Classification
Type
D - Article in proceedings
CEP classification
—
OECD FORD branch
50204 - Business and management
Result continuities
Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the 17th International Scientific Conference:Challenges and Opportunities in the Digital World.
ISBN
978-80-7694-053-6
ISSN
2336-6788
e-ISSN
—
Number of pages
8
Pages from-to
197-204
Publisher name
Jihočeská univerzita v Českých Budějovicích, Ekonomická fakulta
Place of publication
České Budějovice
Event location
České Budějovice
Event date
Nov 2, 2023
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
—