The role of heritage to sustain legacy and transgenerational entrepreneurship – Evidence from French Champagne Houses

Sylvaine Castellano () and Insaf Khelladi
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Sylvaine Castellano: Métis Lab EM Normandie - EM Normandie - École de Management de Normandie = EM Normandie Business School
Insaf Khelladi: DVHE - De Vinci Higher Education

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Abstract: Intergenerational transmissions are complex phenomena. Transgenerational entrepreneurship grasps the family's role and influence on the entrepreneurial process. Entrepreneurial legacy is a driver for next generation owners to engage in entrepreneurial activities that nurture transgenerational entrepreneurship. The heritage built by firms and transmitted from generation to another is key for firms' longevity. Heritage represents a pertinent concept to capture the entrepreneurial features over time and through generations, especially in family firm context. Our research aims to explore how heritage contributes to sustain transgenerational entrepreneurship and entrepreneurial legacy within family firms. Based on the exploration of the French Champagne houses suggests that heritage allows families to systemically influence the organizational ability to generate entrepreneurial paths, acting as a driver of entrepreneurship in each generation of the family firm and across generations.

Date: 2020-06-24
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Published in IFERA Conference, Jun 2020, Santander, Spain

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05505832

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