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

Author

Listed:
  • 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)

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.

Suggested Citation

  • Magali Canovi & Chiara Succi & Rania Labaki & Andrea Calabrò, 2023. "Motivating Next-generation Family Business Members to Act Entrepreneurially: a Role Identity Perspective," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(3), pages 2187-2214, September.
    • Handle: RePEc:spr:jknowl:v:14:y:2023:i:3:d:10.1007_s13132-022-00919-w
    DOI: 10.1007/s13132-022-00919-w
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