Family firm internationalization: A configurational approach
Cheng-Feng Cheng and
Journal of Business Research, 2016, vol. 69, issue 11, 5473-5478
Despite the growing interest in family firm internationalization, academics and practitioners still disagree about the role of external resources in family firms' internationalization processes. This study identifies configurations of external resources that lead to the successful internationalization of family firms. The study also explores how configurations differ depending on family firms' socioemotional wealth (SEW) endowment. Configurations are combinations of 1) external ownership, 2) the presence of a non-family CEO, 3) the presence of non-family members on the advisory board, and 4) international networks. By applying fuzzy-set qualitative comparative analysis to a sample of 426 family firms, the study highlights several optimal configurations of external resources that lead to the successful internationalization of family firms. These configurations relate to different degrees of SEW endowment, suggesting that family firms are willing to accept dependence on external resources by shifting their strategic reference point.
Keywords: Family firm; Fuzzy-set QCA; Internationalization; Socioemotional wealth (SEW) (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:69:y:2016:i:11:p:5473-5478
Access Statistics for this article
Journal of Business Research is currently edited by A. G. Woodside
More articles in Journal of Business Research from Elsevier
Series data maintained by Dana Niculescu ().