Successors’ Innovativeness as a Crucial Succession Challenge of Family Businesses in Transition Economies: The Case of Slovenia

Marina Letonja () and Mojca Duh ()
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Marina Letonja: GEA College – Faculty of Entrepreneurship
Mojca Duh: University of Maribor

A chapter in Family Businesses in Transition Economies, 2015, pp 157-174 from Springer

Abstract: Abstract This contribution aims to broaden our understanding of factors affecting innovativeness of successors in family businesses in transition economies. In-depth literature review was conducted and three main constructs were identified as having considerable impact on successors’ innovativeness and that are: entrepreneurialism, knowledge transfer and creation, and social capital. We applied a multiple-case study approach and the main research findings of ten cases of Slovenian family businesses are discussed. We developed six propositions that provide a basis for further empirical testing of factor influencing successors’ innovativeness and innovation ability of family businesses in transition economies.

Keywords: Family business; Succession; Founder; Successor; Innovativeness; Social capital; Tacit knowledge; Knowledge transfer; Transition economy; Slovenia (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-14209-8_8

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DOI: 10.1007/978-3-319-14209-8_8

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