‘Can’t get no satisfaction?’ Evaluating the sale of the family business from the family's perspective and deriving implications for new venture activities

摘要: The scarce research on the sale of family businesses suggests that business-owning families take different factors into account than non-family owners when evaluating a business sale. This paper builds utility-oriented framework and analyses literature to identify key affect family's appraisal We integrate these an explanatory model which shows evaluation takes longer is often compared In contrast paradigm succession, our advocates exit option, in second step can foster new entrepreneurial activity. discuss how satisfaction might venture activities apply case show be generally used analyse