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Fly Solo, Then Return Home? Offspring’s Entrepreneurship Experience and their Future As Family Business Successors

This paper examines parent-child successions involving 8,274 potential successors in Sweden between 2001 and 2019. The study finds that entrepreneurship experience can increase the likelihood of succession, while also showing how opportunity costs linked to the offspring’s venture and the family firm influence that effect.

Authors and affiliations:

• Philipp Sieger (University of Bern)
• Jasper Brinkerink (University of Edinburgh)
• Massimo Baù (Jönköping University)
• Johan Karlsson (Jönköping University; Svenskt Näringsliv)
• Alfredo De Massis (Università degli Studi G. D’Annunzio Chieti Pescara; IMD Business School; Lancaster University; Zhejiang University)

Read the full paper here.

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