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What do we know about strategic approaches to family businesses succession? A systematic review and future agenda

Juliana R. Baltazar et al.

Scandinavian Journal of Management2025https://doi.org/10.1016/j.scaman.2025.101396review
AJG 2ABDC B
Weight
0.52

What the paper says

Research on family-owned businesses has recently gained increased attention. Given the absence of any comprehensive review of the strategic approaches to succession in family firms, a systematic review of research to date was performed. Six main approaches emerged from the 122 studies reviewed: (i) Strategic planning, (ii) Knowledge transfer, (iii) Innovation and internationalization, (iv) Family and business vision, (v) Business exit, and (vi) Governance strategy. This study provides an integrative framework of the strategic approaches adopted by family companies during their succession processes and gaps existing in this area, suggesting a future research agenda. • We systematize the knowledge developed on strategic approaches to succession in family firms. • .We identify six main strategic approaches to family succession. • We reveal the background, mechanisms and triggers that lead entrepreneurs to restart their businesses. • We have developed an integrative strategic framework evidencing the current family business knowledge. • We draw a map of the literature featuring the most researched themes, discoveries, uncertainties, and a future research agenda.

7 citations

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https://doi.org/https://doi.org/10.1016/j.scaman.2025.101396

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@article{juliana2025,
  title        = {{What do we know about strategic approaches to family businesses succession? A systematic review and future agenda}},
  author       = {Juliana R. Baltazar et al.},
  journal      = {Scandinavian Journal of Management},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1016/j.scaman.2025.101396},
}

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What do we know about strategic approaches to family businesses succession? A systematic review and future agenda

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Evidence weight

0.52

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.47 × 0.4 = 0.19
M · momentum0.68 × 0.15 = 0.10
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.