New Technologies and Innovation in Family Enterprises
How can family enterprises adapt and
introduce new technologies
of the 21st century?
New technologies, e.g., artificial intelligence (AI), digital technologies and block chain technology, are considered to be path-breaking drivers of organizational change and innovation in family enterprises. New ground-breaking technologies pose significant new challenges for organization in research and business, particularly with regard to responsible leadership, business and innovation practices, and social integrity. Family enterprises face the challenge to efficiently react to and shape these new technologies. We are interested in examining how family enterprises implement strategies, structures, and employee training using their unique competences to leverage the potential arising from these new technologies.
For instance, AI might lead to faster and more accurate decisions of managers while also having the ability to transform interactions between humans and AI within teams and organizations. We are interested in investigating how family enterprises can effectively deploy path-breaking technologies and aim to generate knowledge to how family enterprises of the 21st may look like. For example, we provide insights on managerial practices and strategies that help family enterprises to leverage disruptive technological changes, design technology-based forms of collaboration, and to effectively establish human-machine interaction.