Entrepreneurship and family business succession in Greece

Abstract

The aim of this article is to gather quantitative and qualitative data on the current state of family business succession and transfer in Greece, as well as to record the current demands and needs for business support during the succession process. The sample of enterprises participating in the research comprised of 130 companies from various business sectors, sizes, and locations in Greece, classified by their number of employees. The research work aims to depict the current situation by showcasing testimonials of entrepreneurs/business owners, representatives and executive members of enterprises with regard to business succession. The findings of this study can be used to draft proposals and make policy recommendations, as well as to build a database to prepare and implement a succession business plan, with the ultimate goal of developing new strategies to strengthen and support the family business succession in Greece.