ENT 501 Lecture 13: 4-bases-of-family-business-successor-commitment

• School: Ryerson University
• Department: Entrepreneurship and Strategy
• Course: ENT 501
• Professor: Mary Han

Document Summary

Antecedents and consequences, entrepreneurship theory and practice, 29: 13-33. , each member has a different motive for wanting to join: as evidence from 4 different people who all took on the responsibility of taking over the family business, their motives all differ from each other: 1. Went to university and was excited to use his school knowledge in the business. Was forced into it as she didn"t want her family to lose the business and there were no other candidates in line to assume the new leadership role (no choice). Started as a shareholder and took great interest in the company to the point where it took up most of their tiime(lost time for full-time jobs at the time) and just decided to become the leader of the business. Multiple shades of commitment the different mindsets of ppl that give us different reasons/motives for doing things can reflect 4 diff types of commitment.