The transfer of small and medium-sized Japanese family businesses to the younger generation: narratives by student-successors

Katsuyuki Kamei, Sonia Boussaguet, Aude D'Andria and Romain Jourdan

International Journal of Entrepreneurship and Small Business, 2016, vol. 27, issue 4, 525-541

Abstract: Traditionally, Japanese SMEs are transferred to the children by a succession process. This article deals with how the family business prepares for this succession. It is based on an analysis of the life narratives of four successors studying at the Kansai University in the Faculty of Safety Science. The findings show the importance of tradition and filial duty in the choice of the successor; the importance of the extended family; the respect of each person's role; and also the predominance of a strategy aiming to integrate the successor within the family business progressively.

Keywords: business transfer; Japan; family business; life narratives; longitudinal method; family firms; small and medium-sized enterprises; SMEs; Japan; younger generation; student successors; tradition; filial duty; extended family; role respect; integration strategy. (search for similar items in EconPapers)
Date: 2016
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