Date of Award
Doctor of Philosophy
Family enterprises comprise the majority of business organizations around the globe and provide significant economic benefit. Yet, continuity and stability with the family business rarely surpasses the second generation. This phenomenon leads to an understanding of the importance of succession. This study suggests transgenerational entrepreneurship and the opportunity for innovation with successive generations may resolve the long-term challenges that confront family businesses in transition. Transgenerational entrepreneurship occurs when families develop and implement entrepreneurial mindsets and capabilities across generations. Utilizing a sample of potential successor of family-owned businesses in the United States from MTurk, this study examines the relationships of entrepreneurial intention and opportunity for innovation on the succession decision made by the potential successor. The study also examines the moderating role of organizational contextual factors that impact the transgenerational entrepreneurship decision.
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