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HOW FAMILY INFLUENCE, SOCIOEMOTIONAL WEALTH, AND COMPETITIVE CONDITIONS SHAPE NEW TECHNOLOGY ADOPTION

机译:家庭影响力,社会财富和竞争条件如何影响新技术的采用

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Research summary: In family businesses, investment decisions often involve both socioemotional wealth and economic considerations. Focusing on new technology adoption, we argue that multiple dimensions of socioemotional wealth contribute to complex effects within different types of family firms-depending on the level of family control-as well as in contrast to non-family firms. Results based on cable TV operators from 1983 to 1987 confirm that family ownership correlates negatively with technology adoption, especially when family owners hold a minority rather than majority position. We also show contingencies based on performance improvements and competitive threats. Our arguments contribute new insights about the tensions between economic and socioemotional factors within minority family ownership that are absent from non-family firms and more pronounced than in majority family firms.
机译:研究摘要:在家族企业中,投资决策通常涉及社会情感财富和经济因素。着眼于新技术的采用,我们认为社会情感财富的多个维度会在不同类型的家族企业中产生复杂的影响,这取决于家族控制的水平,并且与非家族企业相反。根据1983年至1987年有线电视运营商的结果,家庭所有权与技术采用之间存在负相关关系,特别是当家庭所有者持有少数股份而不是多数股份时。我们还显示了基于性能改进和竞争威胁的突发事件。我们的观点为非家族企业所缺乏的少数族裔所有权中的经济和社会情感因素之间的张力提供了新的见解,而这种现象比多数家族企业更为明显。

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