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Models and strategies of family businesses internationalization

Models and strategies of family businesses internationalization PurposeThis paper aims to emphasize the importance of crafting and selecting business models and strategies of family business in the process of internationalization.Design/methodology/approachBased on literature review about international entrepreneurship, strategic management, models and strategies of internationalization, a new conceptual framework on family businesses internationalization is provided.FindingsFamily businesses, depending on their size, use different models and strategies to internationalize their activities.Originality/valueThis paper provides a new conceptual framework about internationalization of family businesses, which is based in three main phases: operating in a domestic market and get prepared for a foreign market, selecting the right model of internationalization and selecting the right strategy of internationalization. Beside the new conceptual model, the authors provide the implications of this model toward internationalization of family businesses, and the authors propose some useful recommendation for further research in this field. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of International Business and Strategy Emerald Publishing

Models and strategies of family businesses internationalization

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References (49)

Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
2059-6014
DOI
10.1108/RIBS-12-2016-0081
Publisher site
See Article on Publisher Site

Abstract

PurposeThis paper aims to emphasize the importance of crafting and selecting business models and strategies of family business in the process of internationalization.Design/methodology/approachBased on literature review about international entrepreneurship, strategic management, models and strategies of internationalization, a new conceptual framework on family businesses internationalization is provided.FindingsFamily businesses, depending on their size, use different models and strategies to internationalize their activities.Originality/valueThis paper provides a new conceptual framework about internationalization of family businesses, which is based in three main phases: operating in a domestic market and get prepared for a foreign market, selecting the right model of internationalization and selecting the right strategy of internationalization. Beside the new conceptual model, the authors provide the implications of this model toward internationalization of family businesses, and the authors propose some useful recommendation for further research in this field.

Journal

Review of International Business and StrategyEmerald Publishing

Published: Jun 5, 2017

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