TRANSGENERATIONAL INNOVATION AND FAMILY NETWORK CAPITAL: FAMILY BUSINESS SUSTAINABILITY STRATEGIES IN AN ERA OF DISRUPTION

Abstract

This study examines how intergenerational innovation and family network capital sustain family businesses amid disruption. Using a literature-based approach in Indonesian and global contexts, it integrates three key elements: systematic knowledge transfer between generations, balanced management of social and digital networks, and innovation driven by the next generation. Findings highlight that tacit knowledge transfer through direct involvement and mentorship enhances continuity and trust but may restrict innovation without external bridging links. Digital networks improve creativity and firm performance. The study proposes a triadic model codify,coach,co-lead, close–bridge–digitize, and sense–transform–govern to strengthen knowledge flow, network capital, and sustainability among Indonesian family SMEs.