Internationalization of Family Businesses

Veland Ramadani, Erick P. C. Chang, Ramo Palalić and Esra Memili
Additional contact information
Veland Ramadani: South East European University
Erick P. C. Chang: Arkansas State University
Ramo Palalić: Sultan Qaboos University
Esra Memili: University of North Carolina at Greensboro

Chapter 9 in Entrepreneurial Family Businesses, 2024, pp 181-209 from Springer

Abstract: Abstract This chapter focuses on the challenges that family businesses will encounter after the discovery of opportunities outside its domestic market. The global markets offer an array of business and trade opportunities regardless of the family business type. After reading the chapter, students will learn about the nature of global markets; the different entry modes for international expansion; the involvement of the family to support the expansion; the strategies to adopt; and the potential expectations in the implementation stages.

Keywords: Entry modes; Globalization; Global strategy; Liability of foreignness; Liability of outsidership; Multi-domestic strategy; Psychic distance; Regionalization (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-031-59261-4_9

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DOI: 10.1007/978-3-031-59261-4_9

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