Family firm internationalization: A configurational approach

By Sascha Kraus, Helge Mensching, Andrea Calabro, Cheng-Feng Cheng, Matthias Filser. 2016

197 citations recorded by the source corpus.

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.

Subfields: Accounting, Organizational Behavior and Human Resource Management, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/a5bff772d3284ab65cce73bc23f96a1405804742

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Citations in the corpus

A Socioemotional Wealth Perspective on how Collaboration Intensity, Trust, and International Market Knowledge affect Family Firms' Multinationality (2016, background): “findings contribute to resolving deficits reported in the family firm literature about formally understanding the role of networks in family firm internationalization (Kontinen & Ojala, 2010; Kraus et al., 2016), empirically validating emerging propositions about how networks can benefit the interna”
Family Firm Heterogeneity: A Definition, Common Themes, Scholarly Progress, and Directions Forward (2021, background): “The extent to which family firms are willing to accept dependence on external resources also plays a salient role in their ability to internationalize successfully (Kraus et al., 2016).”