Impact of New Resources from Unrelated Person on the Entrepreneur Activity Process in Business Succession in Japan

Due to the aging of business owners, business succession of small and medium-sized enterprises and family business enterprises has become a social issue. Business succession not only inherits tradition, but also provides an opportunity to realize second founding and innovation by demonstrating entrepreneurship. If the comprehensive management resources of the previous generation can be smoothly passed on to the next generation through business succession, it will be possible to contribute to the realization of a sustainable society and SDGs. In this study, we conducted a literature survey and consideration of each process of the entrepreneurial activity process of business succession, targeting the case of business succession to a third party(unrelated person) through the increasing number of small M & A in Japan. As a result of consideration, the following possibilities were obtained. As a successor manager, third-party working practitioners (middle management, managers, etc.) outside the same family can demonstrate their abilities, and business succession by an outside third party can be smoothly realized. In the discussion, in each entrepreneurial activity process, the viewpoint of business administration, the ability of third-party working practitioners (middle management, managers, etc.) outside the family, the candidates for originality in Japan not found in other countries, the candidates for originality in unrelated person not found in the family were considered.