Introduction

Stefano Amato and Alessia Patuelli
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Stefano Amato: University of Trento
Alessia Patuelli: Northumbria University

Chapter Chapter 1 in Family Firms and Local Roots, 2023, pp 1-3 from Springer

Abstract: Abstract In the last two decades, there has been a growing interest in family firms as a particular type of business where a family, a social unit sharing legal or genetic bonds, influences the organization’s goals, strategy, and processes. The provision of the means, both material and immaterial, to satisfy the primary needs of its members entails the conduct of the economic activity, that is, a set of actions consisting in the production, sale, and distribution of goods and services, and which is instrumental in this respect. Thus, the firm becomes a conventional organizational device through which the family carries out such an economic activity and, by combining production factors, becomes involved in business or, put differently, becomes an “entrepreneur.”

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-031-31793-4_1

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DOI: 10.1007/978-3-031-31793-4_1

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