Fly Away From the Nest? A Configurational Analysis of Family Embeddedness and Individual Attributes in the Entrepreneurial Entry Decision by Next-Generation Members

Abstract

This study aims to determine how family embeddedness conditions combine with the goals and attributes of individuals with a family business background to engender to two patterns of entrepreneurship: succession in the family business and foundation of a new venture. Our empirical study is conducted using 169 cases of entrepreneurs operating in Italy. Inductively building on the configurations derived from the analysis, we suggest a series of theoretical propositions focusing on family embeddedness, individual attributes, and entrepreneurial paths of next-generation family business members.

Keywords

transgenerational entrepreneurship entrepreneurship new venture creation fuzzy set qualitative comparative analysis succession strategy family embeddedness

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