Family management, external R&D collaboration, and the speed and scope of internationalization

IF 6.1 1区管理学 Q1 BUSINESS

International Business Review Pub Date : 2025-09-25 DOI:10.1016/j.ibusrev.2025.102522

Joan-Lluís Capelleras , Victor Martin-Sanchez , Chao Zhang

引用次数: 0

Abstract

This study investigates the dilemma faced by family firms in internationalization, balancing socioemotional wealth (SEW) preservation with potential financial gains. Drawing on the mixed gamble perspective, we first examine how family management influences the speed and scope of international expansion. Secondly, we explore the moderating role of external R&D collaboration in these relationships. Drawing on panel data from 3366 Spanish firms and 24,695 firm-year observations, we find that family-managed firms proceed more slowly with internationalization but tend to expand across a broader range of markets. Furthermore, external R&D collaboration supports a wider scope without necessarily accelerating speed. These findings offer new insights into how family management shapes internationalization, highlighting external R&D collaboration as a selective moderator.

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家族式管理，对外研发协作，国际化的速度和范围

本研究探讨了家族企业在国际化过程中所面临的困境，如何平衡社会情感财富（SEW）的保存与潜在的财务收益。借鉴混合赌博的观点，我们首先考察了家族管理如何影响国际扩张的速度和范围。其次，我们探讨了外部研发合作在这些关系中的调节作用。根据来自3366家西班牙公司的面板数据和24695家公司年的观察，我们发现家族管理的公司国际化进程较慢，但倾向于在更广泛的市场范围内扩张。此外，外部研发协作支持更广泛的范围，而不必加快速度。这些发现为家族管理如何塑造国际化提供了新的见解，突出了外部研发合作作为选择性调节因素。

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

International Business Review BUSINESS-

CiteScore

14.10

自引率

6.90%

发文量

审稿时长

62 days

期刊介绍： The International Business Review (IBR) stands as a premier international journal within the realm of international business and proudly serves as the official publication of the European International Business Academy (EIBA). This esteemed journal publishes original and insightful papers addressing the theory and practice of international business, encompassing a broad spectrum of topics such as firms' internationalization strategies, cross-border management of operations, and comparative studies of business environments across different countries. In essence, IBR is dedicated to disseminating research that informs the international operations of firms, whether they are SMEs or large MNEs, and guides the actions of policymakers in both home and host countries. The journal warmly welcomes conceptual papers, empirical studies, and review articles, fostering contributions from various disciplines including strategy, finance, management, marketing, economics, HRM, and organizational studies. IBR embraces methodological diversity, with equal openness to papers utilizing quantitative, qualitative, or mixed-method approaches.