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Investigating the actual career decisions of the next generation: The impact of family business involvement

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  • Murphy, Linda
  • Lambrechts, Frank

Abstract

While the current family business literature has deeply informed our understanding of the career intentions of adolescents with a family background in business, a salient gap emerges regarding the ways in which family business involvement impacts the careers of the next generation. This article reports the empirical results of an interpretive qualitative study of the phenomenon of the careers of next-generation family members. The findings suggest that the family business involvement of the next generation not only influences but also alters the careers of the next generation. Helping is proposed as a key means of family business involvement for the next generation and a unique resource for family businesses. Through the activity of helping, the next generation explores the arena of the family business, which has significant consequences on career decision making.

Suggested Citation

  • Murphy, Linda & Lambrechts, Frank, 2015. "Investigating the actual career decisions of the next generation: The impact of family business involvement," Journal of Family Business Strategy, Elsevier, vol. 6(1), pages 33-44.
    • Handle: RePEc:eee:fambus:v:6:y:2015:i:1:p:33-44
    DOI: 10.1016/j.jfbs.2014.10.003
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    Cited by:

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    2. Martínez Bobillo, Alfredo & Rodríguez Sanz, Juan Antonio & Tejerina Gaite, Fernando, 2021. "Explanatory and predictive drivers of entrepreneurial orientation and innovation capacity: Evidence from family enterprises," Cuadernos de Gestión, Universidad del País Vasco - Instituto de Economía Aplicada a la Empresa (IEAE).
    3. Zbigniew Drewniak & Urszula Słupska & Agnieszka Gozdziewska-Nowicka, 2020. "Succession and Ownership in Family Businesses," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 638-654.
    4. Akhmedova, Anna & Cavallotti, Rita & Marimon, Frederic & Campopiano, Giovanna, 2020. "Daughters’ careers in family business: Motivation types and family-specific barriers," Journal of Family Business Strategy, Elsevier, vol. 11(3).
    5. Emma García-Meca & Domingo J. Santana-Martín, 2023. "Board gender diversity and performance in family firms: exploring the faultline of family ties," Review of Managerial Science, Springer, vol. 17(5), pages 1559-1594, July.
    6. Fletcher, Denise & Massis, Alfredo De & Nordqvist, Mattias, 2016. "Qualitative research practices and family business scholarship: A review and future research agenda," Journal of Family Business Strategy, Elsevier, vol. 7(1), pages 8-25.
    7. Dan Wang & Zhongyuan Zhang, 2022. "Disassembling the influences of perceived family relational conflict on business family offspring’s intrapreneurial intentions," International Entrepreneurship and Management Journal, Springer, vol. 18(1), pages 153-189, March.
    8. Porfírio, José António & Felício, José Augusto & Carrilho, Tiago, 2020. "Family business succession: Analysis of the drivers of success based on entrepreneurship theory," Journal of Business Research, Elsevier, vol. 115(C), pages 250-257.
    9. Burton, Nicholas & Vu, Mai Chi & Cruz, Allan Discua, 2022. "Our social legacy will go on: Understanding outcomes of family SME succession through engaged Buddhism," Journal of Business Research, Elsevier, vol. 143(C), pages 105-118.
    10. José António Porfírio & Tiago Carrilho & Joseph Hassid & Ricardo Rodrigues, 2019. "Family Business Succession in Different National Contexts: A Fuzzy-Set QCA Approach," Sustainability, MDPI, vol. 11(22), pages 1-17, November.
    11. Schell, Sabrina & de Groote, Julia K. & Moog, Petra & Hack, Andreas, 2020. "Successor selection in family business—A signaling game," Journal of Family Business Strategy, Elsevier, vol. 11(3).
    12. Sallay, Viola & Wieszt, Attila & Varga, Szabolcs & Martos, Tamás, 2024. "Balancing identity, construction, and rules: Family relationship negotiations during first-generation succession in family businesses," Journal of Business Research, Elsevier, vol. 174(C).
    13. Maria-Ana Georgescu & Emilia Herman, 2020. "The Impact of the Family Background on Students’ Entrepreneurial Intentions: An Empirical Analysis," Sustainability, MDPI, vol. 12(11), pages 1-18, June.
    14. Aldrich, Howard E. & Brumana, Mara & Campopiano, Giovanna & Minola, Tommaso, 2021. "Embedded but not asleep: Entrepreneurship and family business research in the 21st century," Journal of Family Business Strategy, Elsevier, vol. 12(1).
    15. Dan Wang & Lili Wang & Ling Chen, 2018. "Unlocking the influence of family business exposure on entrepreneurial intentions," International Entrepreneurship and Management Journal, Springer, vol. 14(4), pages 951-974, December.
    16. Mukesh, Hasirumane Venkatesh & Bailey, Ajay, 2023. "Bringing context to the foreground: Explaining the early-stage career development of next-generation family business members," Journal of Family Business Strategy, Elsevier, vol. 14(4).
    17. Baù, Massimo & Pittino, Daniel & Sieger, Philipp & Eddleston, Kimberly A., 2020. "Careers in family business: New avenues for careers and family business research in the 21st century," Journal of Family Business Strategy, Elsevier, vol. 11(3).
    18. Linda Murphy & Olive McCarthy & Bridget Carroll, 2017. "No Heir apparent? Exploring the Worker Co-operative Model as a Solution to Family Business Continuity," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 6(2), pages 20-39.
    19. Bloemen-Bekx, Mira & Van Gils, Anita & Lambrechts, Frank & Sharma, Pramodita, 2021. "Nurturing offspring’s affective commitment through informal family governance mechanisms," Journal of Family Business Strategy, Elsevier, vol. 12(2).
    20. Vandebeek, Alana & Voordeckers, Wim & Lambrechts, Frank & Huybrechts, Jolien, 2016. "Board role performance and faultlines in family firms: The moderating role of formal board evaluation," Journal of Family Business Strategy, Elsevier, vol. 7(4), pages 249-259.

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