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Knowledge Transfer Strategies within Family Firm Succession

Knowledge Transfer Strategies within Family Firm Succession

Isabella Hatak, Dietmar Roessl
Copyright: © 2014 |Pages: 16
ISBN13: 9781466659629|ISBN10: 1466659629|EISBN13: 9781466659636
DOI: 10.4018/978-1-4666-5962-9.ch013
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MLA

Hatak, Isabella, and Dietmar Roessl. "Knowledge Transfer Strategies within Family Firm Succession." Handbook of Research on Strategic Management in Small and Medium Enterprises, edited by Kiril Todorov and David Smallbone, IGI Global, 2014, pp. 266-281. https://doi.org/10.4018/978-1-4666-5962-9.ch013

APA

Hatak, I. & Roessl, D. (2014). Knowledge Transfer Strategies within Family Firm Succession. In K. Todorov & D. Smallbone (Eds.), Handbook of Research on Strategic Management in Small and Medium Enterprises (pp. 266-281). IGI Global. https://doi.org/10.4018/978-1-4666-5962-9.ch013

Chicago

Hatak, Isabella, and Dietmar Roessl. "Knowledge Transfer Strategies within Family Firm Succession." In Handbook of Research on Strategic Management in Small and Medium Enterprises, edited by Kiril Todorov and David Smallbone, 266-281. Hershey, PA: IGI Global, 2014. https://doi.org/10.4018/978-1-4666-5962-9.ch013

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Abstract

A firm's knowledge is considered a key strategic asset in the course of generating competitive advantages. However, especially within family firm succession, there is a high risk that knowledge embedded if the predecessor leaves the organization. Thus, in order to maintain the family firm's competitive advantage an understanding of the challenges regarding the knowledge transfer within family firm succession is needed. In this chapter, the authors employ a qualitative empirical approach to identify context-based knowledge transfer strategies and develop a typology of transfer constellations. The results provide insight for students, researchers, consultants, policy makers and family firm leaders, who are searching for the most appropriate knowledge transfer strategy given the nature, philosophies and traditions of specific small and medium sized family firms.

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