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This study delves into the intricate relationship between innovation and leadership succession in family businesses. To achieve this, we conducted a systematic literature review of 36 articles spanning 2004 to 2024, with the aim of identifying key themes and research gaps. The review revealed a...
Persistent link: https://www.econbiz.de/10015440454
This explorative study sees the sights of the succession process and its achievement as part of family business long-term survival. This represents a huge challenge considering that only three of ten companies can reach second generation and also one of these ten companies will reach third...
Persistent link: https://www.econbiz.de/10013144036
We review and analyze previous literature on succession in family firms from an entrepreneurial process perspective. Through a three-step cluster analysis of 117 published articles on succession in family firms published between 1974 and 2010, we find several themes within which succession can...
Persistent link: https://www.econbiz.de/10013056984
The paper elaborates on succession planning among Polish family businesses. Research survey was conducted on a random sample of 496 family enterprises in first quarter of 2009 (first phase, survey) and 61 family enterprises in third quarter of 2009 (second phase, in-depth-interview). The main...
Persistent link: https://www.econbiz.de/10014198960
This article analyses how familiness influences the evolution of entrepreneurial actions undertaken by new-generation family leaders. Despite the recognised importance of familiness in family firms' entrepreneurship, the mechanism by which it influences transgenerational entrepreneurship during...
Persistent link: https://www.econbiz.de/10014636691
Business succession in family firms has been one of the most investigated topic through theoretical, empirical and anecdotal studies (Sharma, 2004). However, we argue that this bulk of literature seems to neglect the role of the most intangible source of competitive advantage of firms:...
Persistent link: https://www.econbiz.de/10014216186
Carrying out successful succession in family businesses is an issue of vital significance for businesses themselves, and a great challenge for the pragmatics of family business management. It is also an issue important for the dynamics of Poland's economic development since it regards a wide...
Persistent link: https://www.econbiz.de/10013087454
In an increasingly competitive market environment, as an important decision for strategic change, CEO succession is a key step to driving sustainable development. The formulation of succession plans and how to improve the effectiveness of internal promotion mechanisms have been researched topics...
Persistent link: https://www.econbiz.de/10014464359
Many believe that the selection of the CEO is the single most important decision that a board of directors can make. In recent years, several high profile transitions at major corporations have cast a spotlight on succession and called into question the reliability of the process that companies...
Persistent link: https://www.econbiz.de/10014147438
Persistent link: https://www.econbiz.de/10012515078