Journal of International Business and Economics

A Study on the Re-creation and Succession of Chinese Family Business
Li Qi, Prof. Ratih Hurriyati, Prof. Disman, Prof. Mohammad Ali

Abstract
Under the background of great changes in China's economic environment, a large number of small and medium-sized family businesses are in urgent need of transformation and upgrading and entering the channel of re-creation. Entrepreneurs are the leading role of market economy, and entrepreneurship is the soul of entrepreneurs. The inheritance and development of entrepreneurship directly affects the sustainable development of family businesses. In this paper, the characteristics and difficulties of the process of re-creation are analyzed from the life cycle of the enterprise. In the specific succession practice of family businesses, the influence of the succession of family businesses is analyzed from the perspective of re-creation in combination with the actual situation, providing reference for further research on the influencing factors of family business’s succession.

Full Text: PDF     DOI: 10.15640/jibe.v7n1a6