Abstract
Currently, digitalization is a hot topic in popular media. While family firms represent most firms worldwide, their specific opportunities and challenges in digitalization have not yet received much research attention. As will be argued in this chapter, such research would however be necessary to advance our understanding of contemporary family firms and enable us to better advise family firms in mastering digitalization processes. We also offer some initial survey evidence from Iceland and Ireland on the digitalization of family firms. As this evidence suggests, family firms are somewhat reluctant to embrace digitalization. At this point, we can only theorize why this is the case, which reinforces our call for more research on the specifics of digitalization in family firms.
| Original language | English |
|---|---|
| Title of host publication | A Research Agenda for Family Business: A Way Ahead for the Field |
| Editors | Calabrò, A. |
| Place of Publication | Cheltenham |
| Publisher | Edward Elgar |
| Pages | 247-260 |
| Number of pages | 14 |
| ISBN (Print) | 9781788974066 |
| DOIs | |
| Publication status | Published - 2020 |
Fields of science
- 502 Economics
- 502033 Accounting
- 502006 Controlling
- 502043 Business consultancy
- 502044 Business management
JKU Focus areas
- Digital Transformation
- Sustainable Development: Responsible Technologies and Management
- Transformation in Finance and Financial Institutions