Cyborg Entrepreneurship
Research Programs
Resource Mobilization & Business Model Design

Becoming the Boss

Discretion and Post-Succession Success in Family Firms

J. Robert Mitchell, Timothy A. Hart, Sorin Valcea
Entrepreneurship Theory & Practice, 33(6): 1201-1218
published1 min read

Overview

This paper examines the dynamics of leadership succession in family firms, focusing on how the degree of discretion afforded to successors influences post-succession performance.

Contribution to the Research Program

An early contribution examining how decision-making authority and knowledge transfer interact in entrepreneurial contexts — themes that would later develop into the lab's work on knowledge problems and entrepreneurial reasoning.