二代培养方式与家族企业组合创业

The Second-Generation Cultivation Mode and Family Business Portfolio Entrepreneurship

文章以中国上市家族企业为样本,分析和检验了二代培养方式究竟如何影响家族企业的组合创业行为,以及两者之间的关系是否会依赖传承冲突和非家族创业元老权威而发生变化。研究发现:相对于二代内部培养模式,二代外部培养模式会强化家族企业的组合创业倾向,两者之间的关系在传承冲突较高的情况下,以及非家族创业元老权威影响较高的情况下更显著。进一步检验发现,在男性二代继任者中,以及在30岁以上的二代继任者中,二代外部培养模式与家族企业组合创业之间的正向关系更显著;外部培养的二代继任者选择组合创业有助于其个人权威的构建。研究结论为理解代际传承背景下的二代培养问题,以及家族企业组合创业问题提供了一些新的知识。

Based on the sample of Chinese listed family firms, this paper analyzes and tests how the second-generation cultivation affects the portfolio entrepreneurial behavior of family firms, and whether the relationship between the two will change depending on the inheritance conflict and the authority of non-family entrepreneurs. The results show that: compared with the internal cultivation model of the second generation, the external cultivation model of the second generation will strengthen the entrepreneurial tendency of family business portfolio, and the relationship between the two is more significant in the case of high inheritance conflict;when the authority of non-family entrepreneurs is higher, the positive relationship between the external cultivation model of the second generation and the portfolio entrepreneurship of family businesses is more significant. Further examination found that in the second generation of male successors, as well as in the second generation of successors over 30 years old, the second generation of external cultivation and family business portfolio entrepreneurship has a more significant positive relationship. The external cultivation of the second generation of successors to choose portfolio entrepreneurship is conducive to the construction of their personal authority. The research conclusion is of academic contribution to the understanding of second-generation training in the context of intergenerational inheritance and the problem of family business portfolio entrepreneurship.