Generations, technology and socioemotional wealth: a study of Czech family businesses

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Generations, technology and socioemotional wealth: a study of Czech family businesses

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Generations, technology and socioemotional wealth: a study of Czech family businesses

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2025

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Journal of Family Business Management

ISSN

2043-6238

e-ISSN

2043-6246

Svazek periodika

15

Číslo periodika v rámci svazku

6

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

23

Strana od-do

1577-1599

Kód UT WoS článku

001470852400001

EID výsledku v databázi Scopus

2-s2.0-105003268499