This paper reviews the research to date on succession in the field of family business management. Five streams of research are highlighted: (1) succession as a process, (2) the role of the founder, (3) the perspective of the next generation, (4) multiple levels of analysis, and (5) characteristics of effective successions. Gaps in the literature and future research directions are also presented.
This paper examines five methodological issues critical to the development of family firms research, and discusses the potential contribution of each for both the theory and practice of family firms.
This article explores how the family Influences an entrepreneur's career. There are various points In time where family and entrepreneurial dynamics intersect. These Include: (1) early experiences In the entrepreneur's family of origin; (2) family Involvement and support of early start-up activities; (3) employment of family members In the new venture; and (4) involvement of family members In ownership and management succession. The article explores each of these four areas and suggests research questions that need to be explored to develop a better understanding of the relationship between entrepreneurs and their families.
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