Yin Guan1, Hanhui Chen2, Dong Yang2
1School of Accounting, Anhui University of Finance & Economics, Bengbu, China
2School of Business Administration, Anhui University of Finance & Economics, Bengbu, China
Intergenerational succession is an essential topic in the research field of family business. Most of the existing literature on intergenerational succession review is based on qualitative analysis. In this paper, CiteSpace visualization software is used to analyze the literature related to intergenerational succession in CSSCI from 2001 to 2020 as samples. From the aspects of publication trend, institution, author, keywords, etc., the research status and evolution of intergenerational succession of family businesses are summarized through the knowledge map system. Combined with keyword frequency distribution and emergent analysis, the paper identifies research hotspots and predicts future research trends. It is found that the research institutions and authors of intergenerational succession have apparent regional characteristics, but there is no close cooperative network relationship. The research focuses on the influence of multiple factors such as intergenerational succession and authority legitimacy, firm performance and knowledge transfer. Future research will focus more on the innovation of the intergenerational succession model driven by internationalization and innovation.
Intergenerational Succession; Family Business; Innovation-driven; Visual Analysis
Yin Guan, Hanhui Chen, Dong Yang. Research Context and Trend of Intergenerational Succession of Family Business: Analysis Based on CiteSpace. Academic Journal of Business & Management (2021) Vol. 3, Issue 5: 9-17. https://doi.org/10.25236/AJBM.2021.030502.
 Wang Lu.(2014)Review of Literature on Intergenerational Succession of Family Business. Zhejiang Business Management Review, 4,80-90.
 Jin Yihe. (2010)Research on the Economic Consequences of Intergenerational Succession of Family Firm's: Review and Prospect .Business Accounting, 10,12-16.
 Hui Nannan, Xu Yongbin.(2016) Intergeneration Succession, Founder Character and Firm’s Long-term Investment.Review of Finance and Economics(Journal of Zhejiang University of Finance and Economics), 12,46-55.
 Xu Yongbin, Hui Nannan, Zheng Xiutian.(2014) Family Firms Intergeneration Succession and Debt Characteristics .Business Economics and Management,12,56-65.
 Xu Yongbin, Hui Nannan. (2013)Analysis on Impetus of Emotional Value to Family Firms Trans-generation .Accounting Research,7,77-81.
 Hui Nannan, Xu Yongbin.(2014) The Study on Succession and Dominant Family Ownership Dilution from the Perspective of Socioemotional Wealth Theory.Modern Finance and Economics (Journal of Tianjin University of Finance and Economics), 11,71-81.
 Dou Junsheng, Li Shengxiao, Wu Jiaying.(2009) Do “Family Harmony” Really Make “Everything”Successful?—an Empirical Test Based on the Perspective of Intergenerational Transfer of Tacit Knowledge of Entrepreneurs.Management World, 1,108-120.
 Dou Junsheng, Jia Shenghua.(2008) How“Family Firm”will Forever?— Identification of Intergenerational Succession Elements of Family Businesses at the Level of Individual Entrepreneurs. Management World, 9,111-123.
 Dou Junsheng, Wu Aiqi. (2005)Evolution of Family Business Succession Process: Review and Innovation of Foreign Classical Models .Foreign Economics and Management, 9,52-58.
 Dou Junsheng, Jia Shenghua.(2006) Review of Research on Factors Influencing Intergenerational Succession of Family Business.Foreign Economics and Management, 9,52-58.
 Dou Junsheng. (2007)Theory of Planned Behavior and its Applications in Family Business Succession Research. Technology Economics, 2,39-42.
 Wang Xiaoting, Dou Junsheng, Jia Shenghua. (2008)Daughters in Family Business Succession: A Review from Process Perspective. Technology Economics, 6,115-120.
 WU Jiong, QI Yangyang.(2020)To Be Conservative or to Be Satisfied?The Influence of Performance Aspiration Gaps on Innovation after Family Firm Succession .Contemporary Economic Science, 6, 99-112.
 WU Jiong, QI Yangyang.(2020)The Signal Function of Earnings Forecasts in the Intergenerational Succession of Family Firms. Soft Science, 4,79-84+96.
 Wu Jiong, Liang Ya.(2017)The Influence of Succession Control Power on the Innovation of Family Business under the Regulation of Legitimacy .Management Science, 11,1672-1680.
 Wu Jiong, Liu Yang, Xing Xiushuai. (2017)Family Business Succession Basis and Conflict of Authority: The Mediating Role of Legitimacy .Economic Management, 2,52-65.
 Yang Xueru, Zhu Hang, Li Xinchun.(2009)Authority System in Family Firms and Trans-generation Succession .Journal of Management, 11,1492-1500.
 Hang, Ye, Qing-xue, Li, Xinchun. (2012)Socioemotional Wealth Theory and Its Innovation in Family Firm Research.Foreign Economics and Management, 12,56-62.
 Zhu Zhenduo, Li Xinchun, Ye Wenping.(2018) “More than Promotion”:An Empirical Study of Intergenerational Succession and Strategic Change from the Perspective of Paternalism . Management World, 11,65-79+196.
 Zhao Jing, Zhu Limin. (2018)Intergenerational Succession of Family Firms and Reaction of Capital Market.Journal of Renmin University of China, 2, 90-103.