THE Narratives of Business Successors in Region XI on Their Entrepreneurial Journey: A Multiple Case STUDY
DOI:
https://doi.org/10.17158/myh8mg48Keywords:
Business succession, entrepreneurial journey, family enterprise, Region XI, multiple case studyAbstract
The goal of this study was to explore the entrepreneurial journeys of business successors in Region XI who inherited and now manage their family-owned enterprises. This qualitative multiple case study involved five successors from diverse industries—education, sack trading, computer repair, food service, and junkshop operations—selected through maximum variation sampling. I employed thematic analysis and cross-case evaluation of the transcribed responses from in-depth interviews, categorizing and coding them to identify essential themes. Six major themes emerged relative to their entrepreneurial journey: organizational acceptance and identity, experiential learning, technology adoption, operational innovativeness, organizational challenges, and financial difficulties. To manage these challenges, three essential coping themes arose: building trust and openness, support and adaptive learning, and strategic financial management. All cases revealed a strong sense of stewardship toward preserving legacy while driving operational innovation and strategic growth, underscoring the need for structured succession frameworks in the Philippine regional ecosystem.