This monograph seeks to identify the mechanism that successfully
guides the continuity of the family business through generations.
Different perspectives have been used through years: from the
identification of the entrepreneurial characteristics to the
succession model implemented, and to the educational path for the
next generations of entrepreneurs. In this context, the book
focuses the attention on the link between different generations of
entrepreneurs. In particular, it presents and analyzes the
evolutive circle of the family business among generations. This
approach permits a holistic view of the intergenerational
entrepreneurship within the entrepreneurial families and their
businesses. Once intergenerational entrepreneurship has been deeply
described, two areas in which the next generation must excel are
analyzed: the adaptation to the evolution of the external
environment, and the leadership attitude. The author's central
message is that evolution happens when the entrepreneurial
processes are absorbed by the next generation through the learning
of heuristics. Having a leadership style is more than setting a
vision, which has to do with strategy and taking important
decisions.
General
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