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Perennity Strategies In The Family Businesses From The Wine Industry: Model For The Intergenerational Entrepreneurship

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  • Assist. Silvia-Mihaela Pavel Ph.D. Student

    (University of Craiova Faculty of Economics and Business Administration, Craiova, Romania)

Abstract

Starting from the basic constructs - Entrepreneurship, Family business, Succession - we intend to explore the virgin ground of the intergenerational transfer of the ownership, mission and vision of a family business, and the extent to which it transposes to entrepreneurship in the next generations. Treating this combination of constructs in the wine industry context is unique, especially as it implies identifying factors such as risk, innovation, culture, value, vision, the notion of "stewardship", cohesion, which either speed up or threaten the continuity of the entrepreneurial activity. The result of introducing these factors in the mix of constructs will lead to academic and practical contributions, our ambition being for this preliminary model to generate the interface between strategic management and entrepreneurship in the wine industry.

Suggested Citation

  • Assist. Silvia-Mihaela Pavel Ph.D. Student, 2013. "Perennity Strategies In The Family Businesses From The Wine Industry: Model For The Intergenerational Entrepreneurship," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(21), pages 93-101, NOVEMBER.
    • Handle: RePEc:aio:rteyej:v:1:y:2013:i:21:p:93-101
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    Cited by:

    1. Georgiou, Thoukis & Papasolomou, Ioanna & Vrontis, Demetris & Thrassou, Alkis, 2023. "Market-oriented succession effectiveness in family business – Case-based evidence from Cyprus family-owned wine business," Journal of Business Research, Elsevier, vol. 165(C).

    More about this item

    Keywords

    critical; entrepreneurship; wine industry; family business; perennity strategies;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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