“…Habbershon, Nordqvist, and Zellweger (2010, 1) define transgenerational entrepreneurship as «the processes through which a family uses and develops entrepreneurial mindsets and family influenced resources and capabilities to create new streams of entrepreneurial, financial and social value across generations». It should also be noted that some recent studies have shown that generational transition can actually be beneficial to the longevity of the family business rather than a hindrance (Calabrò et al, 2018;Zellweger, Nason and Nordqvist, 2012). On this point, found that the creation of transgenerational value results from the intersection of family success, business growth and the quality of local embeddedness (Esposito De Falco and Vollero, 2015).…”