Review on intergenerational inheritance of family business

Most family enterprises in China were established in the early stage of reform and opening up. However, more than 40 years after reform and opening up, family enterprises are facing a wave of inheritance from the first generation of founders or leaders to future generations. Reviewing the existing literature, few scholars have systematically reviewed the intergenerational inheritance of family enterprises. By analyzing the research content, inheritance methods and influencing factors of family business intergenerational inheritance, this paper puts forward the countermeasures to deal with the influencing factors and prospects for the future research direction of intergenerational inheritance.