From the reform and opening up to the present, family businesses have become an important pillar of my country’s national economy and the most essential push power to the advancement of the Economy of China. At present, more and more family firms come to the top of the hill on the heritage over generations. Meanwhile, the right of owning the firm has changed from the inventor or creators to the descendant ones and it is a must for them to inherit to the advancement. The intergenerational inheritance of family businesses has also had a certain impact on the global economy. At present, China’s real economy is in a critical period of transformation and upgrading and industrial upgrading. At the same time, the weakening of the real economy. On the contrary, with the increasing popularity and deepening development of the financial industry, a large number of non-financial companies have turned their investment goals to the financial industry to obtain high returns. Of course, the company’s financialization must have its positive side, and naturally, there is also a negative side. There are opportunities for enterprises to obtain high profits, but there are also great investment and management risks. Therefore, before financial investment, we should also fully consider the business risks borne by family enterprises. In addition, because of the particularity of the ownership of family enterprises in China, there are great differences in many aspects compared with other family enterprises and non-family enterprises abroad and internationally. Therefore, there may be some differences in the impact of corporate financialization on them. This study will further study and analyze the internal factors and modes of family business intergenerational inheritance leading to enterprise financialization based on family emotional wealth theory and representative theory, combined with the process of family business intergenerational inheritance and family business financialization. In the theoretical part, it combs the literature, including the definition of intergenerational inheritance, influencing factors, and inheritance content. Through the empirical test of the intermediary effect, this paper analyzes and studies the direct impact and intermediary effect of the proportion of productive investment on the intermediary effect; the role of family business identity (most important for children), re measure explanatory variables, and use PSM, propensity score matching method to test the robustness of regression results.

The arrival of the era of “big wisdom and cloud” has promoted the restructuring of the industrial system, and the development of the new economy has also brought new changes to the demand for financial and business professionals. With the change of the employment market, the training objectives of financial and business professionals are also changing day by day. Practical teaching is becoming more and more important in the training of financial and business professionals. “Employment” in people’s livelihood has been identified as the main goal of government work. As the main source of economic restructuring, “mass innovation and mass entrepreneurship” has successfully integrated the spirit of innovation into all fields of society. Entrepreneurship has attracted the attention of the whole society. Under the influence of policy factors and various factors during the entrepreneurship period, the source and connotation of China’s entrepreneurship policy have changed significantly. On the basis of summarizing the practical teaching modes of foreign finance and economics majors, this study introduces the training objectives, conditions, and curriculum settings of the practical teaching of finance and economics majors in higher vocational colleges. This paper designs a recommendation algorithm for innovation and entrepreneurship talent training model based on potential Dirichlet distribution (LDA) theme model and alternating least squares (ALS) collaborative filtering, which not only improves the accuracy of the recommendation results of talent training model but also improves the accuracy of the recommendation results of talent training model. On the premise of stable recommendation, the diversity of recommendation results has increased, which meets the needs of innovative and entrepreneurial talent training of higher vocational finance and economics majors under the background of “great wisdom and cloud” and provides a certain reference for the practical teaching reform of higher vocational finance and economics majors in China. The cultivation of compound talents is of great significance to the development of professionals in modern multimedia and advanced e-commerce industries.

Driven by social development, family enterprises continue to grow in terms of scale and number, becoming an important force that promotes China’s economic development, and how to achieve the healthy growth of family enterprises has become an inevitable topic. With the increasingly fierce market competition, more and more family businesses have changed from a single market model to cross-industry operation, trying to seek new growth points through industry diversification. Multiculturalism is the product of a particular era, and it is closely related to the great changes in society in a specific era, including new changes in the fields of family, marriage, religion, education, and race relations and even to the international context. Multiculturalism is a theoretical response to these changes and represents the current cultural research tendencies of the international academic community. Socio-emotional wealth and an innovative environment are particularly important for family businesses in a multicultural context. The article first introduces the social emotional wealth and the innovation investment of family enterprises, then focuses on the impact of the innovation environment on the innovation investment of family enterprises, and analyzes the influence mechanism of social emotional wealth and innovation environment on family innovation investment, so as to put forward corresponding countermeasures and suggestions, which also has certain guiding significance for the innovation management and practice of Chinese family enterprises.