Motivating Next-generation Family Business Members to Act Entrepreneurially: a Role Identity Perspective

Magali Canovi (), Chiara Succi (), Rania Labaki () and Andrea Calabrò ()
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Magali Canovi: ESCP Business School
Chiara Succi: ESCP Business School
Rania Labaki: EDHEC Family Business Research Centre, EDHEC Business School
Andrea Calabrò: IPAG Entrepreneurship and Family Business Center, IPAG Business School

Journal of the Knowledge Economy, 2023, vol. 14, issue 3, No 6, 2187-2214

Abstract: Abstract In family business, transgenerational entrepreneurship is an essential component for successful succession that tends to decline over generations. Research gaps still exist, however, on the process through which it is transmitted to the next generation. Drawing on an identity theoretical rationale, we explore the facilitating conditions that allow entrepreneurial behavior to occur among next-generation family members in family firms. Using a qualitative study of an exemplary family business, the findings suggest that the family intergenerational cohesion fosters four strategic actions that enable the development of entrepreneurial role identities of the next generation–reducing founder centrality, satisfying exploration needs, promoting individuality, and providing experiential learning. These role identities subsequently motivate the next generation to pursue entrepreneurial opportunities.

Keywords: Role identity; Family business; Transgenerational entrepreneurship; Motivation; Family cohesion; Next generation (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s13132-022-00919-w

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