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Differences in New Venture Creation Activities Among Next-Generation Business Family Members: A Social Identity Perspective

Miriam Foerch & Reinhard Prügl

Family Business Review2026https://doi.org/10.1177/08944865251407786article
AJG 3ABDC A
Weight
0.50

Abstract

Drawing on social identity theory, we explore the social identities of next-generation founders from business families and how these shape their venture creation activities. We find that differences in the valence and interplay of family-internal—such as family expectations and legacy—and family-external identity considerations—including peer influences—shape founders’ self-conceptions, yielding three identity types: legacy preservers, independence seekers, and identity integrators. These guide key venture creation activities, including opportunity identification, business model development, resource mobilization, and strategic vision. This study contributes by developing next-generation founder identities, linking them to action around venture creation, and broadening the understanding of entrepreneurship beyond succession.

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https://doi.org/https://doi.org/10.1177/08944865251407786

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@article{miriam2026,
  title        = {{Differences in New Venture Creation Activities Among Next-Generation Business Family Members: A Social Identity Perspective}},
  author       = {Miriam Foerch & Reinhard Prügl},
  journal      = {Family Business Review},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.1177/08944865251407786},
}

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Evidence weight

0.50

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

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

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