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Family business succession: Analysis of the drivers of success based on entrepreneurship theory
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Orientador(es)
Resumo(s)
This study explores family business succession. In this study, succession is compared to the concept of opportunity
versus necessity entrepreneurship. The motivations of successors when they enter the succession process
are examined to identify different conditions for family business success and sustainability. The influence of
context is also considered. This study is based on multilevel research and a multidisciplinary perspective. Fuzzyset
qualitative comparative analysis (fsQCA) is applied to a sample of 383 observations from 6 countries
(Portugal, Italy, Greece, Cyprus, North Macedonia, and Bulgaria) spanning 2 regions: southern European
Mediterranean countries (Portugal, Italy, Greece, and Cyprus) and southern Slavic countries (North Macedonia
and Bulgaria). The interplay between personal characteristics of the successor, organizational characteristics of
the family business, and context produces different patterns that lead to different outcomes in the succession
processes of family businesses. The results are important to strengthen family business theory and identify the
conditions that best promote the future growth and sustainability of family businesses. The results are also
important to promote country-specific public policies that may create better conditions for successors in family
businesses to succeed.
Descrição
Palavras-chave
Family Business Succession Successors’ Motivation Opportunity Succession Necessity Succession Entrepreneurship
Contexto Educativo
Citação
Porfírio, José António; José Augusto Felício and Tiago Carrilho.(2020). "Family business succession: Analysis of the drivers of success based on entrepreneurship theory." Journal of Business Research, Vol. 115 : pp. 250-257.
Editora
Elsevier