Examining Young Entrant Motivations and their Connection to the Learning Organization of Family Businesses

Ildikó Marosi () and Ferenc Katona
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Ildikó Marosi: Óbuda University

from Óbuda University, Keleti Faculty of Business and Management

Abstract: One of the greatest challenges of family businesses is passing on ownership and/or management from one generation to another. The question of learning and teaching is unavoidable within this context. What kind of knowledge do the predecessor and the successor possess? Is the successor, who is probably the member of a younger generation, motivated to take over the business at all? What kind of tools do enterprises use to transfer knowledge? To answer the above questions, we conducted a research in the spring of 2014 with the help of 143 young people (between 18 and 33) with family business background. Based on the results, those young people who were planning to take over the family business seemed to be internally motivated, receiving further support from their family and organizational background. At the same time, they also seemed to be in the family socialization stage of the generational change process and they had not yet reached the stage of business socialization.

Keywords: family business; motivation; learning organization; knowledge transfer; business competences (search for similar items in EconPapers)
Date: 2015
ISBN: 9786155460470
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Persistent link: https://EconPapers.repec.org/RePEc:pkk:meb015:321-338

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