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Family entrepreneurship and internationalization strategies

Family entrepreneurship and internationalization strategies PurposeThe purpose of this paper is to provide an overview of family entrepreneurship and internationalization strategies by discussing the papers in this special journal issue.Design/methodology/approachThe main research areas related to family business are discussed in terms of socioemotional wealth and societal trends. A review of the literature is conducted to highlight the emerging themes affecting the decision of family businesses to internationalize.FindingsThe paper stresses how it is important to have an entrepreneurial approach to internationalization of family businesses.Research limitations/implicationsAs more family businesses are born globals, it is important to focus on the positive aspects of internationalization, including emerging markets and gaining important entrepreneurial knowledge.Practical implicationsFamily businesses need to be more innovative and risk-taking in their approach to internationalization as it helps them build their reputation and increase performance.Originality/valueAs there are limited studies about family entrepreneurship and internationalization in terms of a broad view of family, this paper takes an inclusive approach to the changing nature of how a family is defined in today’s global society. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of International Business and Strategy Emerald Publishing

Family entrepreneurship and internationalization strategies

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
2059-6014
DOI
10.1108/RIBS-01-2017-0007
Publisher site
See Article on Publisher Site

Abstract

PurposeThe purpose of this paper is to provide an overview of family entrepreneurship and internationalization strategies by discussing the papers in this special journal issue.Design/methodology/approachThe main research areas related to family business are discussed in terms of socioemotional wealth and societal trends. A review of the literature is conducted to highlight the emerging themes affecting the decision of family businesses to internationalize.FindingsThe paper stresses how it is important to have an entrepreneurial approach to internationalization of family businesses.Research limitations/implicationsAs more family businesses are born globals, it is important to focus on the positive aspects of internationalization, including emerging markets and gaining important entrepreneurial knowledge.Practical implicationsFamily businesses need to be more innovative and risk-taking in their approach to internationalization as it helps them build their reputation and increase performance.Originality/valueAs there are limited studies about family entrepreneurship and internationalization in terms of a broad view of family, this paper takes an inclusive approach to the changing nature of how a family is defined in today’s global society.

Journal

Review of International Business and StrategyEmerald Publishing

Published: Jun 5, 2017

References