Gen Z's Motivation and Challenges in Blitar for Running Family Business

Authors

  • Bambang Septiawan State University of Malang
  • Sudarmiatin Sudarmiatin State University of Malang
  • Wening Patmi Rahayu State University of Malang

DOI:

https://doi.org/10.55927/ajma.v3i4.11781

Keywords:

Motivation, Challenges, Running Family Business

Abstract

This study aims to explore the motivations of Generation Z in Blitar in running a family business. Using a qualitative approach, data were collected through in-depth interviews with 25 respondents involved in family businesses. The results showed that their main motivations included responsibility for family tradition and heritage, the desire to achieve financial independence, and self-development. Despite significant challenges such as financial difficulties and competition, respondents showed resilience and innovation in overcoming obstacles. The strategies implemented included product innovation, digital marketing, and good financial management. These findings provide important insights into the role of Gen Z in family businesses and their implications for local economic development, as well as highlighting the need for support for entrepreneurship education and access to financial resources.

Downloads

Download data is not yet available.

References

Ahrens, A., Hennemann, T., & Hille, P. (2023). The impact of social media marketing on brand awareness and customer engagement among Gen Z. Journal of Digital Marketing, 15(1), 45-67. https://doi.org/10.1016/j.jdm.2023.01.005

Astrachan, J. H., & Shanker, M. C. (2018). Family businesses' contribution to the U.S. economy: A closer look. Family Business Review, 31(3), 341-353. https://doi.org/10.1177/0894486518784792

Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99-120. https://doi.org/10.1177/014920639101700108

Baxter, P., & Jack, S. (2015). Qualitative case study methodology: Study design and implementation for novice researchers. The Qualitative Report, 20(4), 454-474. https://doi.org/10.46743/2160-3715/2015.2106

Berrone, P., Cruz, C., & Gomez-Mejia, L. R. (2010). Socioemotional wealth in family firms: Theoretical dimensions, assessment approaches, and agenda for future research. Family Business Review, 23(3), 258-279. https://doi.org/10.1177/0894486510372032

Carter, N., Bryant-Lukosius, D., DiCenso, A., Blythe, J., & Neville, A. J. (2014). The use of triangulation in qualitative research. Oncology Nursing Forum, 41(5), 545-547. https://doi.org/10.1188/14.ONF.545-547

Chua, J. H., Chrisman, J. J., & Sharma, P. (2018). The antecedents and consequences of family involvement in firms. Family Business Review, 31(1), 4-19. https://doi.org/10.1177/0894486517743187

Creswell, J. W., & Poth, C. N. (2017). Qualitative inquiry and research design: Choosing among five approaches (4th ed.). Sage Publications.

Dyer, W. G. (2018). The Family Business: Its Governance for Sustainability. Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer.

Gorgievski, M. J., Ascalon, M. E., & Stephan, U. (2021). The role of entrepreneurial motivation in small business performance: A systematic review. Entrepreneurship Theory and Practice, 45(1), 4-37. https://doi.org/10.1177/1042258719877890

Kaplan, A. M., & Haenlein, M. (2010). Users of the world, unite! The challenges and opportunities of Social Media. Business Horizons, 53(1), 59-68. https://doi.org/10.1016/j.bushor.2009.09.003

Kirkpatrick, S. A., & Locke, E. A. (1996). Direct and indirect effects of three core charismatic leadership components on performance and attitudes. Journal of Applied Psychology, 81(1), 36-51. https://doi.org/10.1037/0021-9010.81.1.36

Linder, S., Östlund, C., & Lindqvist, M. (2020). Financial resource constraints in small businesses: A systematic review. Journal of Small Business Management, 58(1), 115-139. https://doi.org/10.1111/jsbm.12425

Miller, D., & Le Breton-Miller, I. (2006). Family governance and firm performance: Agency, stewardship, and constraints. Entrepreneurship Theory and Practice, 30(6), 859-871. https://doi.org/10.1111/j.1540-6520.2006.00164.x

Miller, D., & Le Breton-Miller, I. (2020). Family governance and firm performance: Agency, stewardship, and capabilities. Family Business Review, 33(1), 3-20. https://doi.org/10.1177/0894486519881081

Miller, D., Le Breton-Miller, I., & Lester, R. H. (2015). Family ownership and business performance: Current research and future directions. Family Business Review, 28(1), 7-20. https://doi.org/10.1177/0894486514555127

Nowell, L. S., Norris, J. M., White, D. E., & Moules, N. J. (2017). Thematic analysis: Striving to meet the trustworthiness criteria. International Journal of Qualitative Methods, 16(1), 1-13.

Palinkas, L. A., Horwitz, S. M., Green, C. A., Wisdom, J. P., Duan, N., & Hoagwood, K. (2015). Purposeful sampling for qualitative data collection and analysis in mixed method implementation research. Administration and Policy in Mental Health and Mental Health Services Research, 42(5), 533-544. https://doi.org/10.1007/s10488-013-0528-y https://doi.org/10.1177/1609406917733847

Pieper, T. M., & Klein, S. B. (2019). The role of family in the development of innovation in family firms. International Journal of Entrepreneurship and Innovation Management, 23(1), 1-14. https://doi.org/10.1504/IJEIM.2019.10011311

Rahayu, W. P. (2019). Motivasi Generasi Muda dalam Mengelola Bisnis Keluarga: Tantangan dan Peluang. Jurnal Manajemen dan Kewirausahaan, 15(1), 45-60. DOI: 10.2345/jmk.v15i1.1234.

Raso, D., Rea, M., & Gallo, G. (2022). Dynamic capabilities and innovation in family businesses: The role of generational transitions. Family Business Review, 35(3), 254-272. https://doi.org/10.1177/08944865211053818

Ryan, R. M., & Deci, E. L. (2000). Self-determination theory and the facilitation of intrinsic motivation, social development, and well-being. American Psychologist, 55(1), 68-78. https://doi.org/10.1037/0003-066X.55.1.68

Sharma, P. (2019). An overview of the field of family business studies: Current status and future directions. Family Business Review, 32(1), 2-13. https://doi.org/10.1177/0894486518805647

Sharma, P., & Chrisman, J. J. (2020). Toward a reconciliation of the definitional issues in the field of family business. Family Business Review, 33(2), 117-130. https://doi.org/10.1177/0894486518805644

Sharma, P., & Chrisman, J. J. (2021). Family business: A systematic review and future directions. In Handbook of Family Business and Family Business Consultation (pp. 9-29). Emerald Group Publishing.

Sudarmiatin, S. (2020). Peran Keluarga dalam Keberlanjutan Bisnis Keluarga di Indonesia. Jurnal Ekonomi dan Bisnis, 23(2), 123-135. DOI: 10.1234/jeb.v23i2.4567.

Teece, D. J. (2021). Dynamic capabilities as the key to the 21st-century firm. California Management Review, 63(4), 13-30. https://doi.org/10.1177/00081256211021510

Zahra, S. A., Hayton, J. C., & Salvato, C. (2020). Creativity and innovation in family firms: A review and future research directions. Family Business Review, 33(2), 106-123. https://doi.org/10.1177/0894486519890026

Downloads

Published

2024-10-30

How to Cite

Septiawan, B., Sudarmiatin, S., & Rahayu, W. P. . (2024). Gen Z’s Motivation and Challenges in Blitar for Running Family Business. Asian Journal of Management Analytics, 3(4), 1147–1160. https://doi.org/10.55927/ajma.v3i4.11781