Family firm internationalization: Influence of familiness on the Spanish firm export activity
Fernando Merino,
Joaquín Monreal-Pérez and
Gregorio Sánchez-Marín
No 1770, Kiel Working Papers from Kiel Institute for the World Economy
Abstract:
This paper studies the determinants of the export activity of family SMEs, disentangling the three main dimensions that comprise the concept of familiness: power, experience, and culture. The results, using the F-PEC scale over a sample of 500 Spanish SMEs, show that this approach identifies the determinants that explain the export activity of family SMEs better than a simple dichotomous approach. Specifically, we find that the expertise transmitted from different generations and the family culture orientation to the firm positively affect the international activities of family SMEs; however, the composition of the firm control-management does not have any significant influence on internationalization.
Keywords: Family SMEs; Export activity; Familiness; Spanish firms; F-PEC scale (search for similar items in EconPapers)
JEL-codes: D22 M16 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:1770
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