A two-stage model of tacit knowledge updating in family business
School of Economics and Management, Dalian University of Technology, Liaoning, China
ABSTRACT: The rich yet homogeneous tacit knowledge is insufficient to adapt Chinese family firms to the environment of economic transformation and upgrading. Knowledge must be updated and then be integrated, where intergenerational entrepreneurship provides opportunity as multilevel interactions of family business increased. Adopting the knowledge-based view and conceptual pillars of the individual-family-firm interface, we develop a model composed of knowledge acquisition and knowledge transfer that is mediated by intergenerational entrepreneurship, we ...
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