Abstract:
Entrepreneurial leadership is considered to be a significant factor and lead to performance and success of
family businesses across multiple generations. In other words, it can distinguish between the successful
family businesses from the unsuccessful ones in a long run. Considering the importance of developing
entrepreneurial leaders in a family business, the term ‘Transgenerational Entrepreneurship (TE) was coined.
TE refers to how family businesses nurture entrepreneurial mind sets coupled with the family influenced
capabilities to create value across generations (Habbershon, Nordqvist & Zellweger, 2010). Taking cue from
the concept of TE, the author presents a case of V-guard a second generation family business from Kerala a
South Indian State. The organisation is promoted and managed by the Chitillappilly family. The case is aimed
to present the reader a perspective to reflect transgenerational entrepreneurship in a family business with the
second generation took charge. The case provides several insights on the entrepreneurship events initiated by
the second generation leader reflecting the growth journey V-guard achieved since its humble beginning in
the year 1977. The case is developed mainly from secondary data collected through company annual reports,
newspaper articles, interviews of the second generation leader published during 2015-16.
Description:
Thirteenth Biennial Conference on Entrepreneurship/ Edited by Sasi Misra, Sunil Shukla, Ganapathi Batthini
