Proceedings of ADVED 2017- 3rd International Conference on Advances in Education and Social Sciences 9-11 October 2017- Istanbul, Turkey ISBN: 978-605-82433-0-9 1060 KNOWLEDGE CREATION AND TRANSFER USING THE SECI MODEL AND LMX THEORY: A TEACHER-STUDENT EXCHANGE (TSE) PERSPECTIVE IBIDUNNI Ayodotun Stephen 1 *, IBIDUNNI Oyebisi Mary 2 , OLOKUNDUN Maxwell Ayodele 3 , AKINBOLA Olufemi Amos 4 1 Dr., Department of Business Management, Covenant University, Ota, Ogun State, Nigeria, ayodotun.ibidunni@covenantuniversity.edu.ng 2 Mrs., Department of Accounting, Bells University of Technology, Ota, Ogun State, Nigeria, ogundanaoyebs@yahoo.com 3 maxwell.olokundun@covenantuniversity.edu.ng 4 Mr., Department of Business Administration, Federal University of Agriculture, Abeokuta, Ogun State, Nigeria, akinbolaoa@funaab.edu.ng *Corresponding Author Abstract This research investigated the influence of teacher-student exchange and SECI model on the higher institutions students’ academic performance and preparedness for the workplace. Using a sample size of 214 business education students drawn from 6 programmes, the hierarchical multiple regressions was used to show relationships based on the variables. The statistical analysis showed that only age of the students had a significant relationship with the dependent variables. Externalisation and internalisation influenced students’ preparedness for the work place, while teachers-student exchange and socialisation had significant effects on students’ academic performance. The study recommended that teachers in higher institutions should enhance students’ capacity to interact continuously in ways that exploit tacit -explicit knowledge interactions and explore explicit-tacit knowledge interactions. Moreover, students should be helped to understand that performing excellently academically and being prepared for the workplace is a continuous chain of activity that ordinarily should not be broken. Keywords: Knowledge creation, Knowledge exchange, Leader-member exchange, Teacher-student exchange, SECI model 1 INTRODUCTION Higher institutions are recognised to be centres for knowledge creation and transfer, especially with respect to knowledge that transforms society and enhances value. The value which higher institutions add to society