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@article{173145,
author = {G. ABINAYA and DR.V. MANOHAR},
title = {EMPOWERING YOUNG ENTREPRENEURS: INTEGRATING THE NEXT GENERATION IN FAMILY BUSINESS},
journal = {International Journal of Innovative Research in Technology},
year = {2025},
volume = {11},
number = {9},
pages = {2298-2310},
issn = {2349-6002},
url = {https://ijirt.org/article?manuscript=173145},
abstract = {This research explores the integration and empowerment of young entrepreneurs within family businesses, examining their roles, challenges, and impacts on business innovation and growth. By utilizing a structured questionnaire, the study gathers comprehensive demographic data and insights into the involvement, leadership, and strategic contributions of the next generation in family enterprises. It also investigates the obstacles faced by young family members, such as gender bias, lack of support, and balancing work-life responsibilities, and evaluates the effectiveness of mentorship and supportive policies. The findings highlight the transformative influence of young entrepreneurs on business practices, their potential to drive innovation, and the Consequence of fostering an inclusive and supportive environment. The purpose of this study is to offer actionable recommendations for family businesses to better support and integrate young leaders, thereby ensuring sustainability and long-term success in a dynamic business landscape. The research contributes to the broader discourse on generational transitions in family highlights the importance for businesses and emphasizes the critical role of young entrepreneurs in shaping the future of these enterprises.},
keywords = {Next-Generation Leadership, Generational Transition, Business Innovation, Business Transformation},
month = {February},
}
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