To export or to FDI? A configurational approach to family firm internationalization

IF 8.9 1区管理学 Q1 BUSINESS

Journal of World Business Pub Date : 2023-11-26 DOI:10.1016/j.jwb.2023.101506

Maria Lapeira , Georges Samara , Sumit Kundu , Arun Kumaraswamy

引用次数: 0

Abstract

Using socioemotional wealth, this study advances our understanding of the various internationalization strategies family businesses adopt by exploring the governance and resource configurations that exist when family firms pursue distinct internationalization strategies. Using fuzzy-set qualitative comparative analysis (FsQCA) on a sample of 775 Colombian family firms, our findings reveal a distinct set of resource and governance configurations that are present when family firms engage in less risky internationalization strategies such as exports, or in more risky internationalization strategies such as foreign direct investments (FDIs). The paper concludes with a discussion of theoretical and practical implications.

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出口还是外商直接投资?家族企业国际化的结构研究

本研究以社会情感财富为基础，探讨家族企业在不同国际化策略下的治理结构和资源配置，加深对家族企业国际化策略的理解。通过对775家哥伦比亚家族企业样本的模糊集定性比较分析(FsQCA)，我们的研究结果揭示了家族企业在从事风险较小的国际化战略(如出口)或风险较大的国际化战略(如外国直接投资)时存在的一组独特的资源和治理配置。文章最后讨论了理论和实践意义。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of World Business BUSINESS-

CiteScore

16.50

自引率

11.20%

发文量

期刊介绍： The Journal of World Business holds a distinguished position as a leading publication within the realm of International Business. Rooted in a legacy dating back to 1965, when it was established as the Columbia Journal of World Business, JWB is committed to disseminating cutting-edge research that reflects significant advancements in the field. The journal actively seeks submissions that propel new theoretical frameworks and innovative perspectives on International Business phenomena. Aligned with its domain statement, submissions are expected to possess a clear multinational, cross-border, or international comparative focus, while remaining pertinent to the study of management and organizations. JWB particularly encourages submissions that challenge established theories or assumptions, presenting pioneering or counterintuitive findings. With an inclusive approach, the journal welcomes contributions from diverse conceptual and theoretical traditions, encompassing allied social sciences and behavioral sciences. Submissions should either develop new theories or rigorously test existing ones, employing a variety of qualitative, quantitative, or other methodological approaches. While JWB primarily caters to scholars and researchers, it values contributions that explore implications for Multinational Enterprises and their management, as well as ramifications for public policy and the broader societal role of business.