Factors That Influence the Next Generation's Decision to Take Over the Family Farm

Abstract

The survival of family farms is threatened by rapid change, intense international competition, and a resulting reduction of interest in perpetuating the family farm. What influences the next generation to pursue family farming, in spite of the difficulties? Do these factors differ between men and women? An in-depth, descriptive, and exploratory study of thirty next generation family farm members indicates specific factors critical to their decision to pursue the family farm succession. The findings are depicted in a framework that portrays these factors of influence and the effect they have on the succession decision of the next generation. Implications for practice and future research are also presented.