Linking entrepreneurship to external business successions: a semi-systematic review of the existing family-external business succession literature in the family firm and entrepreneurship research
Duetsch, S., & Oestreich, M. (2025)
Journal of Small Business & Entrepreneurship, 37(6), 891-912
Review finding (1) a "pecking order" of successors by closeness to the incumbent, (2) acquirers differ from founders in demographics, experience and skills, (3) a typology of succession modes. Concludes ETA "is an emerging and interdisciplinary research topic that deserves deeper integrative exploration".
Sourcedoi:10.1080/08276331.2025.24786745 citations (OpenAlex)