Research Summary: on the internationalization of family firms has flourished in recent years, yet mechanisms through which involvement shapes determinants, processes, and outcomes remain little understood largely undertheorized. We contribute to research at intersection international business by examining roles different sources firm heterogeneity context shaping internationalization. Drawing this analysis, we summarize articles published special issue set out an agenda for further aimed...

Abstract Although the study of family firm internationalization has generated considerable scholarly attention, existing research offered varied and at times incompatible findings on how ownership management shape internationalization. To improve our understanding internationalization, we systematically review 220 conceptual empirical studies published over past three decades, structuring comprehensive overview this field according to seven core international business (IB) themes. We assess...

Purpose The purpose of this paper is to examine the determinants two distinct geographic pathways internationalization for small and medium‐sized enterprises (SMEs). Regional global are juxtaposed study influence on export performance selected key intangible resources, namely, innovation, human resource management, networking firm's experience. Design/methodology/approach Building upon a resource‐based view firm, Tobit regression models used test hypotheses sample 2,657 Italian manufacturing...

Abstract There is near unanimity among international business scholars that it takes more time to expand internationally than domestically. Hence, this why some are puzzled by born globals (BGs), firms make large foreign sales at birth or shortly afterwards. Explanations given for “anomaly” BGs have exceptional resources—advanced technologies and a high orientation on the part of their entrepreneurs, they rely cheaper internationalization strategies like Internet networks. What almost...

This article starts from the premise that in an increasingly integrated market all enterprises are effect international; whether or not firms' activities extend beyond national borders, environment tempers strategy, business models and performance is international one. It follows support for this argument will already be evident those regions where integration advanced, as case European Union area. Based on empirical data collected 220 Italian firms, investigates relationship between...

This paper investigates the impact of both geographical and relational proximity on innovative performance firm. We address role one firm characteristic—its absorptive capacity—as a specific contingency affecting relationship between different proximities innovation. Using data from 158 high‐tech firms located in Tiburtina Valley Italy, we studied these their key customers. Our findings support need to downplay promoting results also show that customers has complementary with capacity, which...

This paper intends to verify the impact of geographical proximity on processes knowledge acquisition and exploitation by high-tech start-ups considering at same time role both social cognitive dimensions proximity. Our basic assumption is that means a lot more than just geography. The findings from this research broaden our understanding how located inside an industrial cluster acquire their customers exploit it in innovative way, underscoring need reconsider assumptions regarding importance...

We examine the effects of family control on entry mode choice by integrating Transaction Costs Economics with business literature. Using a dataset 951 foreign investments, we investigate role involvement modes. After controlling for endogeneity, find that if both investing and local firm are firms, forming joint venture is preferred, while only firm, wholly owned subsidiary more likely. Results show has an important impact modes, hypothesis not yet been fully explored.

Entrepreneurship studies offer conflicting answers to a key research question: What impact does geographic proximity have on the process of knowledge acquisition by start-ups? This study proposes new, dynamic framework three interrelated factors that may moderate this impact; it anticipates importance local and distant networks depends life cycle stages reached both start-ups industrial clusters, as well dyadic relationships between their business partners. Some additional variables help...

Purpose The purpose of this paper is to investigate the factors affecting choice between joint ventures and non‐equity alliances, when firms enter foreign markets. Design/methodology/approach Using a database Italian compiled by authors with 879 observations, tests possible effects firm specific characteristics, host country institutional characteristics cultural distance on alliance mode choice. Findings both transaction cost analysis resource based view, findings demonstrate crucial role...

Relying on the accounting data of a panel 403 Italian manufacturing SMEs collected over period 5 years, we find results suggesting that multinationality per se does not impact economic performance international small and medium sized firms. It is characteristics country selected, i.e. political hazard, financial stability performance, significantly influence performance. The management implication for firms selecting entering new geographic markets significant, since our show it market...

We investigate the effect of political risk (PR) exposure and family control on internationalization strategy multinational enterprises (MNEs) using social capital theory. Our results from a negative binomial cross‐sectional analysis in 2007 Spanish MNEs show ownership or limited presence members board has no internationalization. However, when conceptualization firms (FFs) includes majority presence, we find direct their scope but positive moderating relationship between to PR scope. FFs...

This paper considers the potential role played by different kinds of shareholders in a firm's international level, distinguishing firms quoted UK from those listed countries Continental Europe (France, Germany, Italy, Poland and Spain). Our results confirm that ownership affect overall level internationalisation. Family has negative impact on foreign sales but not Europe, while bank scope FDI no whatsoever UK. Institutional investors positively both UK, they have sales. These contribute to...

SUMMARY The question of why multinational companies (MNCs) choose to locate in one region rather than another has been an important topic IB research for many years, but recently received even more attention. This paper presents the results econometric investigation locational determinants Italian firms Central and Eastern Europe. have very active investors CEE countries. Our broadly confirm findings previous studies, we also find that both trade liberalisation market are influences upon...