What is it about?
Knowledge is a source of power. In family businesses, knowledge needs to be transferred owner-manager and successor in internal succession. Sharing knowledge during succession is however often difficult. Why? Because of the of the tight bonds and power relationships in families. High power imbalances slow succession down, and have a negative impact on sharing of tacit knowledge transfer from one generation to the next.
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This page is a summary of: A power perspective on knowledge transfer in internal succession of small family businesses, Journal of Small Business & Entrepreneurship, July 2017, Taylor & Francis, DOI: 10.1080/08276331.2017.1345208.
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