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Scientific journal Vestnik NSUEM

2020 year, number 4

STRATEGIES OF RESTORATION OF RUSSIAN DYNASTIES IN SMALL BUSINESS (BASED ON THE BIOGRAPHICAL INTERVIEWS)

Yu.S. Panfilova
South Federal University, Rostov-on-Don, Russian Federation
Keywords: business dynasty, renewal strategies, status transmission, family

Abstract

Professional dynasty as a social monopoly study rises the actuality of renewal strategies which are used to transfer capital between familys generations. We consider special groups with special dynasty status transfer formation to be the most interesting. The essay is an attempt to classify strategies of smack business status transfer such as inheritance, educational, and economical, social and symbol investment according to bio interview of representatives analysis. The authors idea is that the described social practices are just in the formation phase. The reasons are that the founders and business owners are active in the business operation, very high level of business personification and institutional path dependence.