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Passing the Baton to the Next Generation: Examining Intergenerational Knowledge Transfer

Abstract

The capability of one generation to transfer knowledge to the next is strategically important to the survival and competitiveness of family firms. This study proposes a resource-based theory framework for intergenerational knowledge transfer that is tested using multi- source time-lagged data collected from a sample of 164 founders and their successors. Supporting our predictions, results indicate that both the individual and combined effects of succession planning and family reciprocal altruism channeled through founder’s disseminative capacity influence knowledge transfer to the next generation successor. Moreover, our examination of knowledge compatibility as a moderator enable us to provide additional accounts of the circumstance under which such a process may be strengthened or weakened. The conceptualization we introduce provides a more nuanced understanding of the facilitators and barriers to intergenerational knowledge transfer and prompts future research to take an encouraging new direction. Implications to theory and practice are discussed."

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[Lee, Byronr; Chiang, Fung Tung Flora; Lee, Jean] China Europe International Business School

[Birtch, Thomas A.] U. of Exeter


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ISSN:0065-0668

Year:2020

Issue:1

Volume:2020

Language:English

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