Succession in Private Firms as an Entrepreneurial Process – A Review and Suggestions of New Research avenues

Karl Wennberg (), Mattias Nordqvist (), Massimo Bau' and Karin Hellerstedt ()
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Mattias Nordqvist: Jönköping International Business School, Postal: Jönköping International Business School, PO Box 1026, SE-551 11 Jönköping, Sweden
Karin Hellerstedt: Jönköping International Business School, Postal: Jönköping International Business School, PO Box 1026, SE-551 11 Jönköping, Sweden

No 157, Ratio Working Papers from The Ratio Institute

Abstract: In considering firm succession as the acts of both entrepreneurial exit and entry, this paper adds to work that seeks to integrate entrepreneurship and family business research. We provide a comprehensive literature review of succession research over the past 35 years and identify seven thematical clusters within which succession can be understood as a distinct part of the entrepreneurial process, and three areas of particular interest for future research seeking to advance the literatures on entrepreneurship, family firms, and governance in private firms. The paper explores theoretical, conceptual, and methodological ways of integrating these findings into the research on entrepreneurship and family business.

Keywords: Family firms; Succession; Entrepreneurship (search for similar items in EconPapers)
JEL-codes: L26 M13 (search for similar items in EconPapers)
Pages: 47 pages
Date: 2010-09-14
New Economics Papers: this item is included in nep-bec, nep-ent and nep-sbm
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Citations: View citations in EconPapers (1)

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