By Manlio Del Giudice,Maria Rosaria Della Peruta,Elias G. Carayannis
•How kinfolk companies can compete within the new wisdom economy
•How to regulate a family members company while wisdom is its major asset
•How to move wisdom (and easy methods to maintain it alive) via relatives generations
Within this framework, the authors argue that powerful source management—especially intangible resources—is critical to allowing a family-run association to take care of a sustainable aggressive virtue through the years. They observe that households frequently boost systemic, intuitive, or tacit wisdom that transcends rational determination making and desires to be well-known and nurtured as a particular asset. The authors reveal that trans-generational price is completed whilst the kinfolk company innovates and adapts itself to altering exterior and inner stipulations. this sort of entrepreneurial functionality calls for dynamic services and techniques designed to obtain, alternate, mix or even shed wisdom and practices; and, in flip, dynamic features consequence from mechanisms of information sharing, collective studying, event accumulation, and transfer.
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Additional resources for Knowledge and the Family Business: The Governance and Management of Family Firms in the New Knowledge Economy (Innovation, Technology, and Knowledge Management)
Knowledge and the Family Business: The Governance and Management of Family Firms in the New Knowledge Economy (Innovation, Technology, and Knowledge Management) by Manlio Del Giudice,Maria Rosaria Della Peruta,Elias G. Carayannis