Uncertainty around Transgenerational Control: Implications for Innovation Prior to Succession
研究了家族企业老一代的跨代控制意图如何影响继任前的创新行为,发现这种影响取决于跨代控制不确定性的降低,即继任过程的推进。
The transgenerational entrepreneurship perspective suggests senior-generation leaders with transgenerational control intentions (TCI) innovate to position the next generation for success, but many family firms fail to do so. We introduce transgenerational control uncertainty (TCU) as a theoretical mechanism explaining when TCI enhances innovation behaviors pre-succession. A multi-respondent, multi-time period survey of private German family firms shows that while TCI helps unleash innovation prior to succession, these effects also depend on lowering TCU as reflected in progress through the succession process. Our study suggests TCU might be a useful new construct for explaining other important differences among family firms.