Publication
The impact of family-external business succession on digitalization: exploring management buy-ins
| Summary: | Digitalization in small- and medium-sized (SME) family firms and processes of family-external business succession within these firms are under-researched areas. As SME and their future viability are important for many economies around the world, we aim to study the effects of succession processes on those companies’ digitalization activities. Utilizing a unique data set comprising of around 340 pages of transcribed interviews within a multiple case study involving four family firms in the DACH region of Europe, we perform exploratory research of this matter. Our findings indicate that incumbent and new owner-managers focus on efficiency-related digitalization activities during succession processes. More long-term issues such as changes to business models or the exploitation of external opportunities through digitalization are underrated and postponed. Our findings contribute to both digitalization and family firm literature and we provide suggestions for future research in this regard. |
|---|---|
| Main Authors: | Pöschl, Alexander |
| Other Authors: | Freiling, Jörg |
| Subject: | family business succession digitalization digital transformation entrepreneurship theory management buy-in |
| Year: | 2021 |
| Country: | Portugal |
| Document type: | article |
| Associated institution: | Departamento de Informática da Universidade do Minho |
| Language: | English |
| Origin: | International Journal of Information Systems and Project Management |
| _version_ | 1869076372112015360 |
|---|---|
| author | Pöschl, Alexander |
| author2 | Freiling, Jörg |
| author2_role | author |
| author_facet | Pöschl, Alexander Freiling, Jörg |
| author_role | author |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Pöschl, Alexander\"},{\"Person.name\":\"Freiling, Jörg\"}] |
| datacite.creators.creator.creatorName.fl_str_mv | Pöschl, Alexander Freiling, Jörg |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| datacite.subjects.subject.fl_str_mv | family business succession digitalization digital transformation entrepreneurship theory management buy-in |
| datacite.titles.title.fl_str_mv | The impact of family-external business succession on digitalization: exploring management buy-ins |
| dc.creator.none.fl_str_mv | Pöschl, Alexander Freiling, Jörg |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | https://doi.org/10.12821/ijispm080202 |
| dc.language.none.fl_str_mv | eng |
| dc.publisher.none.fl_str_mv | UMinho Editora |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| dc.source.none.fl_str_mv | International Journal of Information Systems and Project Management; Vol. 8 No. 2 (2020); 24-46 International Journal of Information Systems and Project Management; Vol. 8 N.º 2 (2020); 24-46 2182-7788 |
| dc.subject.none.fl_str_mv | family business succession digitalization digital transformation entrepreneurship theory management buy-in |
| dc.title.fl_str_mv | The impact of family-external business succession on digitalization: exploring management buy-ins |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_6501 |
| description | Digitalization in small- and medium-sized (SME) family firms and processes of family-external business succession within these firms are under-researched areas. As SME and their future viability are important for many economies around the world, we aim to study the effects of succession processes on those companies’ digitalization activities. Utilizing a unique data set comprising of around 340 pages of transcribed interviews within a multiple case study involving four family firms in the DACH region of Europe, we perform exploratory research of this matter. Our findings indicate that incumbent and new owner-managers focus on efficiency-related digitalization activities during succession processes. More long-term issues such as changes to business models or the exploitation of external opportunities through digitalization are underrated and postponed. Our findings contribute to both digitalization and family firm literature and we provide suggestions for future research in this regard. |
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| identifier.doi.fl_str_mv | https://doi.org/10.12821/ijispm080202 |
| inst_facet_str | urn:organizationAcronym:dium{{{_:::_}}}Departamento de Informática da Universidade do Minho |
| instacron_str | dium |
| institution | Departamento de Informática da Universidade do Minho |
| instname_str | Departamento de Informática da Universidade do Minho |
| language | eng |
| network_acronym_str | ijispm |
| network_name_str | International Journal of Information Systems and Project Management |
| oai_identifier_str | oai:ojs2.193.136.21.39:article/3582 |
| organization_str_mv | urn:organizationAcronym:dium |
| person_str_mv | Pöschl, Alexander Freiling, Jörg |
| publishDate | 2021 |
| publisher.none.fl_str_mv | UMinho Editora |
| repo_facet_str | urn:repositoryAcronym:ijispm{{{_:::_}}}International Journal of Information Systems and Project Management |
| reponame_str | International Journal of Information Systems and Project Management |
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| spelling | en-USThe impact of family-external business succession on digitalization: exploring management buy-insPöschl, AlexanderFreiling, Jörgfamily business successiondigitalizationdigital transformationentrepreneurship theorymanagement buy-inhttps://doi.org/10.12821/ijispm080202DOIhttps://revistas.uminho.pt/index.php/ijispm/article/view/3582URLHasVersionhttps://revistas.uminho.pt/index.php/ijispm/article/view/3582/3638URLHasVersionhttps://doi.org/10.12821/ijispm080202DOI2021-10-06http://purl.org/coar/access_right/c_abf2en-USDigitalization in small- and medium-sized (SME) family firms and processes of family-external business succession within these firms are under-researched areas. As SME and their future viability are important for many economies around the world, we aim to study the effects of succession processes on those companies’ digitalization activities. Utilizing a unique data set comprising of around 340 pages of transcribed interviews within a multiple case study involving four family firms in the DACH region of Europe, we perform exploratory research of this matter. Our findings indicate that incumbent and new owner-managers focus on efficiency-related digitalization activities during succession processes. More long-term issues such as changes to business models or the exploitation of external opportunities through digitalization are underrated and postponed. Our findings contribute to both digitalization and family firm literature and we provide suggestions for future research in this regard.UMinho Editoraapplication/pdfen-USInternational Journal of Information Systems and Project Management; Vol. 8 No. 2 (2020); 24-46pt-PTInternational Journal of Information Systems and Project Management; Vol. 8 N.º 2 (2020); 24-462182-7788engjournal articlehttp://purl.org/coar/resource_type/c_6501literatureVoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85 |
| spellingShingle | The impact of family-external business succession on digitalization: exploring management buy-ins Pöschl, Alexander family business succession digitalization digital transformation entrepreneurship theory management buy-in |
| status | SINGLETON |
| status_str | VoR |
| subject.fl_str_mv | family business succession digitalization digital transformation entrepreneurship theory management buy-in |
| title | The impact of family-external business succession on digitalization: exploring management buy-ins |
| title_full | The impact of family-external business succession on digitalization: exploring management buy-ins |
| title_fullStr | The impact of family-external business succession on digitalization: exploring management buy-ins |
| title_full_unstemmed | The impact of family-external business succession on digitalization: exploring management buy-ins |
| title_short | The impact of family-external business succession on digitalization: exploring management buy-ins |
| title_sort | The impact of family-external business succession on digitalization: exploring management buy-ins |
| topic | family business succession digitalization digital transformation entrepreneurship theory management buy-in |
| topic_facet | family business succession digitalization digital transformation entrepreneurship theory management buy-in |
| url | https://doi.org/10.12821/ijispm080202 |
| visible | 1 |