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The Generational Succession in Family Firms: The Role of Organizational Knowledge

The Generational Succession in Family Firms: The Role of Organizational Knowledge
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Author(s): Concetta Lucia Cristofaro (University Magna Græcia of Catanzaro, Italy), Anna Maria Melina (University Magna Græcia of Catanzaro, Italy)and Rocco Reina (University Magna Græcia of Catanzaro, Italy)
Copyright: 2020
Pages: 21
Source title: Handbook of Research on the Strategic Management of Family Businesses
Source Author(s)/Editor(s): Jesús Manuel Palma-Ruiz (Universidad Autónoma de Chihuahua, Mexico), Ismael Barros-Contreras (Universidad Austral de Chile, Chile)and Luca Gnan (University of Rome "Tor Vergata", Italy)
DOI: 10.4018/978-1-7998-2269-1.ch002

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Abstract

Knowledge transfer is essential to managing a family firm's succession. Given the importance of knowledge in family firms, this chapter identifies, through an empirical approach, which are the main organizational strategies used for sharing, disseminating, and using the knowledge available as fundamental elements for survival and the development of companies in the phase of generational succession. The authors investigate the phenomenon and verify the evidence in some private health organizations interested in the generational change located in South Italy, given the lack of previous case studies. This chapter deepens the phenomenon and its recognizability by examining with a qualitative analysis of the problems existing in those who are currently living or have experienced this particular moment of business life.

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