This article discusses family businesses and a few of the advantages they have compared to non-family businesses, particularly, knowledge, networks, and social resources passed from generation to generation.

“For family firms to survive and grow, they must pass on the entrepreneurial mindset and capabilities to create new streams of wealth across many generations- not just pass the business on from one generation to the next.  This practice is referred to as ‘transgenerational entrepreneurship’ or more simply, family entrepreneurship.”

http://www.forbes.com/sites/babson/2012/05/11/how-can-family-business-be-more-entrepreneurial/