英文摘要 |
The success of the family business is a complex and challenging process. The biggest challenge is whether to retain, continue and increase social capital of the family. In this context, social capital is a valuable resource that family have invested in over time. During the process of success of family business, if it can successfully retain and increase social capital, it will keep on developing family business. Therefore, it is very important to transfer social network from predecessors to successors smoothly. We conduct interviews on 6 small and medium-sized family business members in Taiwan from individual perspective and understand the empirical insights of the social network transfer during the success of the family business. The social network of a family business often changes depending on who in charge of the family business is. Therefore, in the process of family business success, the change of family business owner will have a significant impact on the social capital of the enterprise. In addition, this paper explores the different modes of social capital transfer in family businesses, such as “network renewal effect” and “generation gap effect”, to establish an overall research framework, and these factors will affect the timing and form of family business success. Through empirical evidence, this study believes that social capital is indeed one of the key factors for family business succession. |