Commitment Helps: The Positive Effects of Long-Term Orientation and Family Ownership on Firms' International Expansion

被引:2
作者
Frerich, Soren [1 ]
Calabro, Andrea [2 ]
Torchia, Mariateresa [3 ]
机构
[1] Witten Herdecke Univ, Witten Inst Family Business, Alfred Herrhausen Str 50, D-58455 Witten, Germany
[2] IPAG Business Sch, Campus Nice, Nice, France
[3] Int Univ Monaco, Omnes Educ, Monte Carlo, Monaco
关键词
family firms; internationalization; long-term orientation; long-term survival; non-family firms; ENTREPRENEURIAL RISK-TAKING; SOCIOEMOTIONAL WEALTH; MODERATING ROLE; STRATEGIC CHANGE; BUSINESS; PERFORMANCE; INVOLVEMENT; ENTRY; GOVERNANCE; KNOWLEDGE;
D O I
10.1515/erj-2022-0005
中图分类号
F [经济];
学科分类号
02 ;
摘要
This research examines how commitment, long-term orientation, and distinctive family business traits resulting from family ownership affect internationalization by studying two unique and long-lasting firms with family and non-family ownership structures. Drawing upon arguments from international business studies and family business research, we have identified various entrepreneurial motivations and derived a framework that expands our knowledge on how commitment, long-term orientation and specific differences between family and non-family firms impact their international expansion. Our results indicate that family firms generate social capital, experience, and knowledge in an international context to sustain and maximize their advantages better than non-family firms.
引用
收藏
页码:1887 / 1920
页数:34
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