Exploring Transgenerational Entrepreneurship: The Role of Resources and Capabilities

Transgenerational entrepreneurship, as a discipline, examines the processes, resources and capabilities that allow family enterprises to create social and economic value over time in order to succeed beyond the first generation of business owners. While tangible resources such as financial and physical capital are certainly important factors in the long-term success of a family-run business, this book focuses specifically on the role of intangible resources and capabilities, which are less easily quantifiable but equally vital.

Drawing insights from in-depth longitudinal studies of twenty-six family firms in twelve countries, the contributors discuss the critical role of intangible assets such as values, virtues, tacit knowledge and learning, professionalization, internal and external social networks, and reputation. Each chapter includes both a case study that serves as a practical illustration of a particular topic as well as a discussion of the theoretical perspectives and broader implications. Featuring both contributors and case studies from across the world, this volume provides a truly global approach to the study of transgenerational entrepreneurship.

Professors and students of business and management, entrepreneurship and family business studies will find this book a fascinating addition to their libraries, as will family business owners, consultants and researchers.

Contributors: K. Au, N. Auletta, W. Balunywa, J.C.Y. Cheng, M.-G. Chirita, L. Cisneros, E. Clinton, B. Deschamps, R.-L. DeWitt, A. Gimeno, G. González C., A.C. González L., F.H.C. Ho, P. Monteferrante, S. Nagujja, R.S. Nason, D.N. Ntamu, L.E. Orozco C., M.J. Parada, K. Ramachandran, A. Rodriguez, P. Rosa, P. Sharma, P. Sieger

Edited by Pramodita Sharma, Schlesinger-Grossman Endowed Chair in Family Business, Grossman School of Business, University of Vermont, US, Philipp Sieger, Assistant Professor, Department of Management and Entrepreneurship, University of Bern, Switzerland, Robert S. Nason, McGill University, Canada, Ana Cristina González Leon, Seidman College of Business, Grand Valley State University, USA and Kavil Ramachandran, Thomas Schmidheiny Chair Professor of Family Business and Wealth Management, Indian School of Business, India