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Abstract Based on the life stories of 13 children from family businesses, a successor-identity-construction-process model is developed which is composed of four stages. Between each stage, there are certain trigger events driving or hindering the process. Factors influencing the process are also identified. The study introduces identity theory to family business succession research and provides a dynamic psychological framework to explain how children form their attitude and behavior toward taking-over family firm. It also enriches literature of identity construction by focusing on the unique situation of family business. As per practical implications, the study provides the methods to intervene children’s willingness and behaviors regarding succession.
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Received: 28 December 2015
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2017, Vol. 14 
