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Intergenerational Flourishing: Sharing Knowledge from Generation to Generation in Mexican Family Business Groups

In: The Palgrave Handbook of Managing Family Business Groups

Author

Listed:
  • Fernando Sandoval-Arzaga

    (Tecnologico de Monterrey)

  • María F. Fonseca

    (Tecnologico de Monterrey)

  • Maria José Parada

    (ESADE Business School)

Abstract

Sharing and integrating knowledge among generations is essential because it contributes to the continuity of Family Business Groups (FBGs). In this chapter, we explore the impact of sharing knowledge mechanisms among generations in three Mexican FBGs that allow them to flourish intergenerationally. We identified three sharing knowledge mechanisms (knowing that, knowing how, and collective knowing) and their respective strategies that are necessary in order to allow knowledge to flow in FBGs. Intergenerational flourishing is a dynamic process based on four sets of competencies (Governance and Leadership, Family Entrepreneurship, Intergenerational Culture, and Ownership and Legacy) that enterprising families that govern the FBG should develop. In this study, we can observe the impact of knowledge-sharing mechanisms and their strategies in each of these four competencies. The implications of these results for research and practice are discussed.

Suggested Citation

  • Fernando Sandoval-Arzaga & María F. Fonseca & Maria José Parada, 2023. "Intergenerational Flourishing: Sharing Knowledge from Generation to Generation in Mexican Family Business Groups," Springer Books, in: Marita Rautiainen & Maria José Parada & Timo Pihkala & Naveed Akhter & Allan Discua Cruz & Kajari Mu (ed.), The Palgrave Handbook of Managing Family Business Groups, chapter 0, pages 517-547, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-13206-3_20
    DOI: 10.1007/978-3-031-13206-3_20
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