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How Does Knowledge Sharing Across Generations Impact Innovation?

Woodfield, P; Husted, K
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Permanent link
http://hdl.handle.net/10292/13060
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Abstract
We explore how knowledge sharing impacts innovation across generations of a family firm. We argue that each generation contributes to the knowledge pool differently, and there can be different levels of hostility towards sharing knowledge that can impact a family firm’s ability to innovate. We present two models distinguishing the source of knowledge from the receiver of knowledge for each generation. When the senior generation is the source of knowledge, business tends to be as per usual. Conversely, when the source of knowledge is the next generation, this can lead to new approaches to doing business being introduced, with potential for innovation activities and outcomes. We suggest that to minimise hoarding and rejection of knowledge, strategies need to be in place to avoid redundancy in the knowledge production and problem-solving processes.
Keywords
Family firm; Bidirectional knowledge sharing; Innovation; Business model; Traditional industry
Date
November 25, 2019
Source
International Journal of Innovation Management, 1940004.
Item Type
Journal Article
Publisher
World Scientific Publishing
DOI
10.1142/S1363919619400048
Publisher's Version
https://www.worldscientific.com/doi/10.1142/S1363919619400048
Rights Statement
Electronic version of an article published as [see Source] [10.1142/S1363919619400048] © copyright World Scientific Publishing Company [https://www.worldscientific.com/worldscinet/ijim]

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