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Theory and practice of the evolutionary networks of potential in a family business succession

Author

Listed:
  • Mikoláš Zdeněk

    (1 Faculty of the College of Entrepreneurship and Law Pan-European University, Ostrava, The Czech Republic)

  • Matejun Marek

    (2 Department of Entrepreneurship and Industrial Policy Faculty of Management, University of Lodz, Lodz, Poland)

Abstract

Aim/purpose – This paper aims to introduce and describe a new paradigm (model) of evolutionary dynamism of family business potential in the succession process and its empirical simulation in family enterprises from culturally close “post-socialistic” countries: the Czech Republic and Poland.

Suggested Citation

  • Mikoláš Zdeněk & Matejun Marek, 2023. "Theory and practice of the evolutionary networks of potential in a family business succession," Journal of Economics and Management, Sciendo, vol. 45(1), pages 345-373, January.
    • Handle: RePEc:vrs:jecman:v:45:y:2023:i:1:p:345-373:n:5
    DOI: 10.22367/jem.2023.45.14
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    References listed on IDEAS

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    1. Tessa Conroy & Sarah A. Low, 2022. "Opportunity, necessity, and no one in the middle: A closer look at small, rural, and female‐led entrepreneurship in the United States," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 44(1), pages 162-196, March.
    2. Jahmurataj, Veton & Ramadani, Veland & Bexheti, Abdylmenaf & Rexhepi, Gadaf & Abazi-Alili, Hyrije & Krasniqi, Besnik A., 2023. "Unveiling the determining factors of family business longevity: Evidence from Kosovo," Journal of Business Research, Elsevier, vol. 159(C).
    3. John F. LeCounte, 2022. "Founder-CEOs: Succession planning for the success, growth, and legacy of family firms," Journal of Small Business Management, Taylor & Francis Journals, vol. 60(3), pages 616-633, May.
    4. Ivan Miroshnychenko & Alfredo De Massis & Danny Miller & Roberto Barontini, 2021. "Family Business Growth Around the World," Entrepreneurship Theory and Practice, , vol. 45(4), pages 682-708, July.
    5. AL Kayid, Wejdan & Jin, Zhongqi & Priporas, Constantinos-Vasilios & Ramakrishnan, Sumeetra, 2022. "Defining family business efficacy: An exploratory study," Journal of Business Research, Elsevier, vol. 141(C), pages 713-725.
    6. Ralph I. Williams & Torsten M. Pieper & Franz W. Kellermanns & Joseph H. Astrachan, 2019. "Family business goal formation: a literature review and discussion of alternative algorithms," Management Review Quarterly, Springer, vol. 69(3), pages 329-349, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Family entrepreneurship; family business; succession; innovation; potential;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • P47 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Performance and Prospects

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