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A power perspective on knowledge transfer in internal succession of small family businesses
[journal article]
Abstract The aim of this paper is to apply a power perspective to knowledge transfer in internal succession processes of small family businesses. We argue that knowledge is a source of power. Distilling existing literature on small family businesses, knowledge transfer and power theory, we focus on the role ... view more
The aim of this paper is to apply a power perspective to knowledge transfer in internal succession processes of small family businesses. We argue that knowledge is a source of power. Distilling existing literature on small family businesses, knowledge transfer and power theory, we focus on the role of owner-manager and successor in internal succession. Propositions are formulated, theorizing the influence of (1) expert power, (2) decision-making power, (3) trust, (4) rivalry, and (5) capabilities. First, we conclude, familiness and high levels of trust in small family businesses influence power relationships between successor and predecessor positively. Second, the existence of high power imbalances within familiness can slow progress in knowledge transfer in succession, and particularly negatively impact on tacit knowledge transfer from one generation to the next.... view less
Keywords
knowledge transfer; family business; business transfer; learning organization; knowledge; expert; decision making; confidence; family; small business; competence; qualification; organizational goal
Classification
Basic Research, General Concepts and History of Economics
Free Keywords
power theory; internal succession; familiness
Document language
English
Publication Year
2017
Page/Pages
p. 1-14
Journal
Journal of Small Business & Entrepreneurship, 29 (2017) 4
DOI
https://doi.org/10.1080/08276331.2017.1345208
ISSN
2169-2610
Status
Published Version; peer reviewed