Firm-specifi c knowledge. Family businesses often compete using fi rm-specifi c knowledge that is best shared and
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Firm-specifi c knowledge. Family businesses often compete using fi rm-specifi c knowledge that is best shared and further developed by individuals who care deeply about the business and who trust one another. These companies are in a unique position to pass this knowledge along from generation to generation, sharpening the edge of that advantage over time. LO.1
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Related Book For 
Small Business Management Launching And Growing Entrepreneurial Ventures
ISBN: 9780324569728
14th Edition
Authors: Justin G. Longenecker, Carlos W. Moore, J. William Petty, Leslie E. Palich
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