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Big data in family firms: A socioemotional wealth perspective

Author

Listed:
  • Unai Arzubiaga

    (UPV / EHU - Universidad del País Vasco [Espainia] / Euskal Herriko Unibertsitatea [España] = University of the Basque Country [Spain] = Université du pays basque [Espagne])

  • Vanessa Diaz-Moriana

    (UIB - Universitat de les Illes Balears = Universidad de las Islas Baleares = University of the Balearic Islands)

  • Jonathan Bauweraerts

    (UMONS - Université de Mons / University of Mons)

  • Octavio Escobar

    (Métis Lab EM Normandie - EM Normandie - École de Management de Normandie = EM Normandie Business School)

Abstract

Since about 2010, big data analysis has drastically changed the landscape of information management by becoming a central topic in the academic literature of several fields. Despite the significant contribution of family firms to the economic fabric worldwide and their unique decision-making processes, there is a lack of research investigating big data in family-owned businesses. To address this gap, this article draws on the socioemotional wealth (SEW) perspective and its FIBER model to conceptually investigate its role in family firms' decision to implement big data. We introduce a set of propositions and a framework linking the FIBER dimensions to the likeliness of implementing big data in family firms. Our research thus contributes to a more fine-grained understanding of the decision-making process in family firms.

Suggested Citation

  • Unai Arzubiaga & Vanessa Diaz-Moriana & Jonathan Bauweraerts & Octavio Escobar, 2021. "Big data in family firms: A socioemotional wealth perspective," Post-Print hal-04999431, HAL.
    • Handle: RePEc:hal:journl:hal-04999431
    DOI: 10.1016/j.emj.2020.10.006
    Note: View the original document on HAL open archive server: https://hal.science/hal-04999431v1
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    2. Marcin Suder & Małgorzata Okręglicka & Angelika Wodecka-Hyjek & Mior Harris Mior Harun & Paweł Kłobukowski & Justyna Tora, 2024. "Are Family Firms More Entrepreneurial than Non-Family Firms? A Multidimensional Comparative Approach," Sustainability, MDPI, vol. 16(24), pages 1-27, December.
    3. Ine Umans & Nadine Lybaert & Tensie Steijvers & Wim Voordeckers & Eddy Laveren, 2024. "Performance below and above aspirations as an antecedent of succession planning in family firms: A socio-emotional wealth mixed gamble approach," Review of Managerial Science, Springer, vol. 18(5), pages 1427-1458, May.
    4. Martínez-Alonso, Rubén & Martínez-Romero, María J. & Rojo-Ramírez, Alfonso A., 2024. "Unveiling new opportunities: A mixed gamble approach to external search breadth within family firms," Technovation, Elsevier, vol. 129(C).
    5. Chii-Shyan Kuo, 2022. "Family firms, tax avoidance, and socioemotional wealth: evidence from tax reform in Taiwan," Review of Quantitative Finance and Accounting, Springer, vol. 58(4), pages 1535-1572, May.
    6. Mangiò, Federico & Mismetti, Marco & Lissana, Elena & Andreini, Daniela, 2023. "That's the Press, Baby! How journalists co-create family business brands meanings: A mixed method analysis," Journal of Business Research, Elsevier, vol. 161(C).
    7. Taewoo Kim & Jennifer C. Sexton & Laura E. Marler, 2023. "Innovation as a mixed gamble in family firms: the moderating effect of inter-organizational cooperation," Small Business Economics, Springer, vol. 60(4), pages 1389-1408, April.
    8. Telma Mendes & Vítor Braga & Carina Silva & Alexandra Braga, 2025. "The speed of internationalization in regionally clustered family firms: a deeper understanding of innovation activities and cluster affiliation," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 45(1), pages 51-108, March.
    9. Ismael Barros-Contreras & Jesús Manuel Palma-Ruiz & Angel Torres-Toukoumidis, 2021. "Organizational Capabilities for Family Firm Sustainability: The Role of Knowledge Accumulation and Family Essence," Sustainability, MDPI, vol. 13(10), pages 1-17, May.
    10. Manel Plana-Farran & José Luis Gallizo, 2021. "The Survival of Family Farms: Socioemotional Wealth (SEW) and Factors Affecting Intention to Continue the Business," Agriculture, MDPI, vol. 11(6), pages 1-16, June.

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