The continuity of family businesses in the lands of Lleida is a phenomenon often closely linked to territorial identity. A coordinator of the Family Business Chair at the University of Lleida (UdL) and a doctor in the field, has delved into this reality, not only from an academic perspective but also from his personal and professional experience.
In a recent interview, the expert has dismantled popular beliefs, such as the "curse" supposedly affecting the third generation in business management. According to his research, data shows that family businesses have a higher survival rate than non-family ones.
“"What drives these companies is not just the balance sheet, but what we call “socio-emotional wealth”: the desire to preserve the legacy."
The main challenge for these organizations does not lie in the capacity of new generations, but in managing the complexity that arises with the incorporation of new family members. Furthermore, the expert highlights the evolution of the young farmer's profile, who now arrives with advanced university education, often with international master's degrees, to apply innovations in digitalization and marketing to the family business.
Although family businesses do not have a specific legal form, they are governed by a series of recommendations that include family ownership and the participation of their members in management, elements that contribute to their uniqueness and resilience in Lleida's economic fabric.
