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Entrepreneurial Essence in Family Businesses

Continuity in Family Capitalism

  • Book
  • © 2021

Overview

Authors:
  1. Bernardo Bertoldi

    1. University of Turin, Torino, Italy

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  • Describes the process of intergenerational entrepreneurship in family businesses
  • Explains how to prepare new entrepreneurs in every generation
  • Presents insights on how to lead a family business

Part of the book series: International Series in Advanced Management Studies (ISAMS)

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Table of contents (6 chapters)

  1. Front Matter

    Pages i-xiii
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  2. Introduction

    • Bernardo Bertoldi
    Pages 1-10

  3. The Trigger: Identification of Entrepreneurial Virtues

    • Bernardo Bertoldi
    Pages 11-30

  4. The Family Business Continuity: Entrepreneurial Processes and Heuristics

    • Bernardo Bertoldi
    Pages 31-62

  5. The Convergence: Entrepreneurial Essence

    • Bernardo Bertoldi
    Pages 63-94

  6. The External Effect: Change Is the Constant in the Evolution of Every Business, Including Family’s Ones

    • Bernardo Bertoldi
    Pages 95-114

  7. The Leadership Style to Lead the Evolution of the Entrepreneurial Essence: A Proposal

    • Bernardo Bertoldi
    Pages 115-154
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Keywords

About this book

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. 

Authors and Affiliations

  • University of Turin, Torino, Italy

    Bernardo Bertoldi

About the author

Bernardo Bertoldi, Ph.D. in Business Administration, is an Adjunct Professor at the Department of Management, University of Turin (Italy). He teaches competitive analysis, family business strategy, and marketing. He published journal articles, contributed chapters and books and cases with Harvard Business Publishing, and regularly contributes to Italian newspapers and participates in public debates about management and family capitalism.

Bibliographic Information

  • Book Title: Entrepreneurial Essence in Family Businesses

  • Book Subtitle: Continuity in Family Capitalism

  • Authors: Bernardo Bertoldi

  • Series Title: International Series in Advanced Management Studies

  • DOI: https://doi.org/10.1007/978-3-030-63742-2

  • Publisher: Springer Cham

  • eBook Packages: Business and Management, Business and Management (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021

  • Hardcover ISBN: 978-3-030-63741-5Published: 05 January 2021

  • Softcover ISBN: 978-3-030-63744-6Published: 06 January 2022

  • eBook ISBN: 978-3-030-63742-2Published: 04 January 2021

  • Series ISSN: 2366-8814

  • Series E-ISSN: 2366-8822

  • Edition Number: 1

  • Number of Pages: XIII, 154

  • Number of Illustrations: 33 b/w illustrations, 2 illustrations in colour

  • Topics: Family Business, Business Strategy/Leadership

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