Knowledge Management and Family Business Continuity: The Moderating Effect of Length of Time in Existence

1
Olubiyi, Timilehin Olasoji
Olubiyi, Timilehin Olasoji
2
Olubiyi
Olubiyi
3
Timilehin Olasoji
Timilehin Olasoji
4
Egwakhe
Egwakhe
6
Akinlabi
Akinlabi
7
B. H
B. H
1 Babcock University

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Cases of family business failures are evident in Nigeria and particularly Lagos state, despite the array of studies attributable to such area. In addition, ownership dilution; transfer of both leadership and ownership tend to be seen as a phase in the company’s life cycle, which form a part of managing continuity but less practiced by SMEs’ owner/managers. Family businesses in Lagos State are seen to have large failure rate, or struggle to survive after a long time. One of the major issue to which this can be attributed to is the rarity in proper knowledge management practice and heritage struggle due to lack of or poor succession planning. The broad objective of the study was to establish the influence of length of time in existence on the relationship between knowledge management and family business continuity. The population of interest was all family businesses operating in selected Local Government Area of Lagos State Nigeria. The study employed a survey research design. Data was collected from the owners, family members, partners, management, spouses, relatives and management workers of small and medium scale enterprises (SMEs) using questionnaires.

19 Cites in Articles

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

Olubiyi, Timilehin Olasoji. 2019. \u201cKnowledge Management and Family Business Continuity: The Moderating Effect of Length of Time in Existence\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 19 (GJMBR Volume 19 Issue A5): .

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GJMBR Volume 19 Issue A5
Pg. 29- 35
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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May 18, 2019

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Cases of family business failures are evident in Nigeria and particularly Lagos state, despite the array of studies attributable to such area. In addition, ownership dilution; transfer of both leadership and ownership tend to be seen as a phase in the company’s life cycle, which form a part of managing continuity but less practiced by SMEs’ owner/managers. Family businesses in Lagos State are seen to have large failure rate, or struggle to survive after a long time. One of the major issue to which this can be attributed to is the rarity in proper knowledge management practice and heritage struggle due to lack of or poor succession planning. The broad objective of the study was to establish the influence of length of time in existence on the relationship between knowledge management and family business continuity. The population of interest was all family businesses operating in selected Local Government Area of Lagos State Nigeria. The study employed a survey research design. Data was collected from the owners, family members, partners, management, spouses, relatives and management workers of small and medium scale enterprises (SMEs) using questionnaires.

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Knowledge Management and Family Business Continuity: The Moderating Effect of Length of Time in Existence

Olubiyi
Olubiyi
Timilehin Olasoji
Timilehin Olasoji
Egwakhe
Egwakhe
J
J
Akinlabi
Akinlabi
B. H
B. H

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