ABSTRACT – This research aims at reviewing the literature on knowledge management in family business, addressing the research question: “How is knowledge managed across generations in family business?”. We synthetize the literature, highlighting the role of multiple stakeholders who affect knowledge management along the phases of the succession process. Stemming from these findings and embracing a practice-based view, we offer research directions to guide future contributions on knowledge construction in family business. The purpose of this article is not only to conclude the previous research but also to provide insights for future research directions and to provide practical implications.