Time to BRIC it? Internationalization of European family firms in Europe, North America and the BRIC countries
AbstractFor a sample of 1243 European companies, we analyse the link between firm type and foreign direct investment (FDI) locations. We find substantial empirical evidence that being a family firm does not only affect the overall propensity for FDI but that this effect is also specific to target regions. Overall, family firms invest more than managerial-led firms, particularly in Europe and North America. Furthermore the BRIC countries Brazil, Russia, India and China do not constitute a homogenous attractiveness cluster for FDI.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Universitätsbibliothek Wuppertal, University Library in its series Schumpeter Discussion Papers with number sdp13004.
Date of creation: Jun 2013
Date of revision:
Contact details of provider:
Web page: http://elpub.bib.uni-wuppertal.de
foreign direct investment; family firms; BRIC;
Other versions of this item:
- V. D. Procher & D. Urbig & C. Volkmann, 2013. "Time to BRIC it? Internationalization of European family firms in Europe, North America and the BRIC countries," Applied Economics Letters, Taylor & Francis Journals, vol. 20(16), pages 1466-1471, November.
- Vivien Procher & Diemo Urbig & Christine Volkmann, 2013. "Time to BRIC It? – Internationalization of European Family Firms in Europe, North America and the BRIC Countries," Ruhr Economic Papers 0416, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-07-05 (All new papers)
- NEP-BEC-2013-07-05 (Business Economics)
- NEP-CIS-2013-07-05 (Confederation of Independent States)
- NEP-CSE-2013-07-05 (Economics of Strategic Management)
- NEP-IFN-2013-07-05 (International Finance)
- NEP-SBM-2013-07-05 (Small Business Management)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Fazia Pusterla & Laura Resmini, 2005. "Where do foreign firms locate in transition Countries? An empirical investigation," ISLA Working Papers 20, ISLA, Centre for research on Latin American Studies and Transition Economies, Universita' Bocconi, Milano, Italy, revised Sep 2005.
- Carlos Benavides-Velasco & Cristina Quintana-García & Vanesa Guzmán-Parra, 2013. "Trends in family business research," Small Business Economics, Springer, vol. 40(1), pages 41-57, January.
- Susana Assunção & Rosa Forte & Aurora A. C. Teixeira, 2011. "Location Determinants Of Fdi: A Literature Review," FEP Working Papers 433, Universidade do Porto, Faculdade de Economia do Porto.
- Igor Filatotchev & Johannes Stephan & Bj�rn Jindra, 2008. "Ownership structure, strategic controls and export intensity of foreign-invested firms in transition economies," Journal of International Business Studies, Palgrave Macmillan, vol. 39(7), pages 1133-1148, October.
- Gabor Hunya & Roman Stöllinger, 2009. "Foreign Direct Investment Flows between the EU and the BRICs," wiiw Research Reports 358, The Vienna Institute for International Economic Studies, wiiw.
- Laura Alfaro & Andrew Charlton, 2007.
"Intra-Industry Foreign Direct Investment,"
NBER Working Papers
13447, National Bureau of Economic Research, Inc.
- Laura Alfaro & Andrew Charlton, 2007. "Intra-industry foreign direct investment," LSE Research Online Documents on Economics 19690, London School of Economics and Political Science, LSE Library.
- Laura Alfaro & Andrew Charlton, 2007. "Intra-Industry Foreign Direct Investment," CEP Discussion Papers dp0825, Centre for Economic Performance, LSE.
- Kontinen, Tanja & Ojala, Arto, 2010. "The internationalization of family businesses: A review of extant research," Journal of Family Business Strategy, Elsevier, vol. 1(2), pages 97-107, June.
- Yeaple, Stephen & Helpman, Elhanan & Melitz, Marc, 2004.
"Export versus FDI with Heterogeneous Firms,"
3229098, Harvard University Department of Economics.
- Bruce Blonigen, 2005.
"A Review of the Empirical Literature on FDI Determinants,"
Atlantic Economic Journal,
International Atlantic Economic Society, vol. 33(4), pages 383-403, December.
- Bruce A. Blonigen, 2005. "A Review of the Empirical Literature on FDI Determinants," NBER Working Papers 11299, National Bureau of Economic Research, Inc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Frank Hoffmann).
If references are entirely missing, you can add them using this form.