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Securing post-succession continuity in family firms through knowledge transfer

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  • Ilse Matser
  • Sascha Kraus
  • Stefan Märk

Abstract

The focus on continuity appears to be one of the key drivers behind the success of family firms. If familiness can be transferred from one generation to another, this legacy may well be the core of the family firm concept. An important requirement for achieving this is the tacit knowledge transfer between successor and incumbent. The aim of this paper is to increase the understanding of how knowledge transfer influences post-succession performance. In May 2008, a survey was conducted with 135 Dutch family firms which had all recently completed a succession process. The analysis of the data leads to some tentative conclusions concerning the positive effect of a family member as a successor and the importance of a smooth transfer of the tacit knowledge of a firm.

Suggested Citation

  • Ilse Matser & Sascha Kraus & Stefan Märk, 2011. "Securing post-succession continuity in family firms through knowledge transfer," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 14(4), pages 478-496.
    • Handle: RePEc:ids:ijesbu:v:14:y:2011:i:4:p:478-496
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    Cited by:

    1. Czakon, Wojciech & Hajdas, Monika & Radomska, Joanna, 2023. "Playing the wild cards: Antecedents of family firm resilience," Journal of Family Business Strategy, Elsevier, vol. 14(1).

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