Deputy Director of Research, Excelsia College, Sydney, Australia
Hypothesis
The Effect of Succession on Family Business Innovation and Leadership: Case Analysis of Australia Smes
Author(s): Muhammad Usman Liaqat, Abbott J Haron* and Hassan Shakil Bhatti
This study investigates the effect of succession on family-owned businesses ' innovation and leadership. Multiple factors affect the socio-economic development of any nation, such as unemployment rates, literacy rates, and so on. Likewise, and family-owned businesses are among one of those factors. The whole study will be conducted in an Australian context because 70% of total businesses are family-owned businesses; therefore, can provide an in-depth dynamics of family firms. A family business is based on the succession, i.e., transfer of business ownership and control from one family member to another, mostly from one generation to another. The model regarding transfer of knowledge and successor's development in a family firm has been used. This model is based on the resource-based theory. As per this theory, knowledge is an essential resource for a firm, and it has two major categor.. Read More»
DOI:
10.37421/2169-026X.2021.10.294
Entrepreneurship & Organization Management received 1115 citations as per Google Scholar report