Continuity and Discontinuity in Family Business

Continuity addresses the connection and cohesion over time, as such it is often associated with positive and desirable outcomes. Discontinuity often has a negative connotation, and captures decisions relating to, for example, divestment, de-internationalization, liquidation and selling of the business. However, business discontinuity or family ownership discontinuity might sometimes be desirable or even necessary in order for the businesses to survive in the long-term, for the family business to survive and/ or for the family to thrive as a family in business.