The Gears of Legacy: next-generations driving family business renewal and endurance
Generational dynamics are a central and defining feature of family businesses. Different generations hold distinct perceptions and understandings of the reality, carry unique knowledge and competencies, have distinct goals, and play a key role as active agents in organizations facing change and transformation processes. Generational differences and cooperation between generations shape profoundly the family firms’ ability and willingness to drive strategic and organizational renewal processes, and they contribute uniquely to their ability to survive and thrive in fast-changing social, technological, competitive and institutional contexts.
Tackling these issues requires a deep understanding of the inter-generational dynamics characterizing family firms, a topic that has received surprisingly too little research attention so far in the family business literature. On the one hand, we need more knowledge on the role of incoming generations in developing regenerative capacities necessary to be innovative, international and entrepreneurial, to secure and also enlarge economic and non-economic wealth for future generations. On the other hand, we also need to understand more thoroughly how incoming generations relate to the incumbent or senior one, as the latter must supply critical know how and expertise, mentoring the young and preserving the foundational values, identities and idiosyncrasies of the family business. As several scholars have highlighted the importance of successful intergenerational processes for effectively facing address new and global challenges, expanding knowledge about the different perspectives, feelings, ambitions, fears, capabilities and contributions of different generations in family businesses, and more broadly the role of different generations in renewal processes is an important priority for family business research and practice.
In 2020, our research exploration into generational issues in family businesses was paused by a global pandemic crisis that prevented us from meeting and discussing our work and ideas on this important topic. Therefore, we are excited to re-launch a new call for papers that focuses on generations in family business research, encouraging submissions of papers that contribute to the presented conference theme “THE GEARS OF FAMILY LEGACIES: Next-generations Driving Family Business Renewal and Endurance”, including (but not limited to) the following examples of research questions:
In addition to the conference theme, IFERA more broadly welcomes submissions on all topics that are relevant to family business theory and practice, that help bridge gaps or apparent contradictions in family business research, and advance our collective understanding of family firms, their behaviors and results. We therefore invite papers on all aspects of family business research, including but not limited to succession, leadership, governance, entrepreneurship, innovation, strategy, marketing, organizational behavior, sociology, family psychology, history, economics, finance and accounting, as well as topics that lie at the intersection of these and other interrelated disciplines are welcome. Some pressing questions include, for example: (1) How to preserve identity and family values at the same time when family firms need to renew themselves, innovate and regenerate their capabilities;(2) How to preserve attachment to local communities while adopting a global mindset and reaching an international scope; (3) How to reconcile short-term competitiveness and long-term survival.
We welcome and encourage submissions using diverse theoretical perspectives, different and new methodological approaches, and different units of analysis (as the individuals, the family, the firm, etc.).
Research Development Program Chair: Emanuela Rondi
Research and Publications Director: Josip Kotlar
Event Coordinator: Valentina Re
BEST PAPER AWARD
Sponsored by: FOBI
Prize: 1.500 Euro
Nominated Papers:
Exploring Say-on-Pay Effectiveness in Listed Family Firms
Samuel Baixauli Soler; Gabriel Lozano-Reina; Gregorio Sánchez-Marín.
Welcome or not? A mixed methods study on artificial intelligence technologies in family-influenced firms
Jonas Soluk, Ivan Miroshnychenko, Satish Nambisan.
What Shapes a Family Constitution Towards a Role or Another ? Analysing Drivers Under the Regulatory Focus Theory
Raphaêlle Mattart; Fabrice Pirnay.
A subjective state of mind; examining the role of the psychological contract, emotions and human resource management in employment
Olivia O´Leary; Linda Murphy; Ultan Sherman; Stavroula Leka
The Family Business Paradox: How Family Business Groups Create Wealth and Inequality
Luciana Lima; Maria Jose Parada
BEST PAPER CONTRIBUTION TO PRACTICE
Sponsored by: WIFU Foundation
Prize: (1) 2.000 Euro (2) 1.500 Euro (3) 1.000 Euro
Nominated papers:
How Can Board’s Characteristics Boost the Internationalization of Family SMEs?
Claudia Pongelli, Antonio Majocchi, Jonathan Bauweraerts, Matteo Caroli, Salvatore Sciascia, Alain Verbeke
Choosing when to go undercover—how employees initiate and drive organizational change in family firms
Jana hermle-Boersig; Nadine Kammerlander; Matthias Waldkirch
Ownership Succession Intentions Affecting Earnings Management in Private Family Firms
Ine Umans, Maarten Corten
Conflict Origin and Management Mechanisms in Family Firms
Marco Mismetti. Cristina Bettinelli, Alfredo De Massis
Governing the Business Family: A Matter of Fit
Claudia Astrachan, Isabel Botero
BEST REVIEWER AWARD
Sponsored by: IFERA
Prize: 2023 Conference ticket
Nominated reviewers:
Johan Karlsson
Ivan Miroshnychenko
Hermann Frank
Ine Umans
Ignacio Requejo
BEST PAPER ON CONFERENCE THEME
Sponsored by: STEP Project Global Consortium
Prize: 1.000 Euro
Nominated papers:
Owners as Strategists – Four Types of Strategist Identity of Owner-Manager in Family Business
Constantin Zeif, Christina Hoon
Generativity in Entrepreneurs: The Role of Agentic and Communal Motivations in Legacy Creation
Matthew Fox, Jessica Paek; Katrin Burmesister-Lamp; Kimberly Wade-Benzoni
Navigating Treacherous Transitions: How Successor Commitment is Developed (and Stifled) in Family Firms
Roland Kidwell, John Cater; Marilyn Young
Managerial Capabilities and Strategic Renewal during the COVID-19 Crisis: A Generational View
Wunnam Basit Issah, Muhammad Anwar, Thomas Clauss; Sascha Kraus
BEST ENTREPRENEURSHIP IN FAMILY BUSINESS PAPER
Sponsored by: CYFE
Prize: 500 Euro
Nominated papers:
Same Same but Different”: Addressing Business Family Heterogeneity in Next Generation Founding Behaviors and New Venture Outcomes
Miriam Foerch; Dinah Isabel Spitzley; Reinhard Pruegl
Family new venture creation: The impact of external enablement characteristics on entrepreneurs’ decision to involve family members in new venture creation
J¡iyoung Kim
Continuing a Family Tradition as a Motive for Business: Effect on Expectation for Growth
Mahsa Samsani; Nuria Calvo; MAria Isabel Neira Gómez; Thomas Schott
BEST RESEARCH PROPOSAL
Sponsored by: IFERA
Prize: 500 Euro
Nominated proposals:
Providing wings to build roots? A configurational analysis of successors’ organizational identification during succession
Rolf Wilmes
Welcome to my house! Three pathways of identity formation leading to impact investing among the next generation of business-owning families
Jeanne Roche
Socially accepted roles of family business leaders
Valerie Nickel
Immortality and The Building of a Positive Legacy in The Family Business
Peter Trümmel
Development
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