Generations, technology and socioemotional wealth: a study of Czech family businesses
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F25%3A10258166" target="_blank" >RIV/61989100:27510/25:10258166 - isvavai.cz</a>
Result on the web
<a href="https://www.emerald.com/jfbm/article-abstract/15/6/1577/1252469/Generations-technology-and-socioemotional-wealth-a?redirectedFrom=fulltext" target="_blank" >https://www.emerald.com/jfbm/article-abstract/15/6/1577/1252469/Generations-technology-and-socioemotional-wealth-a?redirectedFrom=fulltext</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1108/JFBM-03-2025-0087" target="_blank" >10.1108/JFBM-03-2025-0087</a>
Alternative languages
Result language
angličtina
Original language name
Generations, technology and socioemotional wealth: a study of Czech family businesses
Original language description
The interconnection of three phenomena of family businesses is the subject of the presented research. It seeks an answer to the question of whether socioemotional wealth affects the multigenerational FB’s approach to technological advancement in a different way than the single-generational one. Design/methodology/approach Respondents are surveyed in the four groups according to the combination of ownership and management by family members. The research was carried out in the fall of 2024, and 600 valid responses were obtained. The research question will need to focus on the existence of a link between the number of generations in a family business and its access to technological progress and socioemotional wealth as well as the relationship between SEW values and access to new technologies.Findings The presence of multiple generations in a company positively influences the propensity for technological innovation; technological innovation is not the main factor in motivating family members to protect the family legacy; in family businesses where several generations are involved in ownership and management, socioemotional wealth plays a greater role in relation to new technologies; the adoption of new technologies is more influenced by the effort to preserve family values. Originality/value There is research that focuses on family businesses’ access to technology or the impact of socioemotional wealth on the performance of family businesses. The presented research connected three phenomena – family business – new technology – the influence of socio-emotional wealth on attitudes toward new technology. In addition, it reflects the different approaches of the individual generations involved in family business.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of Family Business Management
ISSN
2043-6238
e-ISSN
2043-6246
Volume of the periodical
15
Issue of the periodical within the volume
6
Country of publishing house
GB - UNITED KINGDOM
Number of pages
23
Pages from-to
1577-1599
UT code for WoS article
001470852400001
EID of the result in the Scopus database
2-s2.0-105003268499