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Family Firm Internationalization: Influence of Familiness on the Spanish Firm Export Activity

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  • Fernando Merino
  • Joaquín Monreal-Pérez
  • Gregorio Sánchez-Marín

Abstract

This paper studies the determinants of the export activity of family SMEs, disentangling the three main dimensions that comprise the concept of familiness: power, experience, and culture. The results, using the F-PEC scale over a sample of 500 Spanish SMEs, show that this approach identifies the determinants that explain the export activity of family SMEs better than a simple dichotomous approach. Specifically, we find that the expertise transmitted from different generations and the family culture orientation to the firm positively affect the international activities of family SMEs; however, the composition of the firm control–management does not have any significant influence on internationalization

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Bibliographic Info

Paper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 1770.

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Length: 35 pages
Date of creation: Apr 2012
Date of revision:
Handle: RePEc:kie:kieliw:1770

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Keywords: Family SMEs; export activity; Familiness; Spanish firms; F-PEC scale;

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  1. Christopher F Baum, 2006. "An Introduction to Modern Econometrics using Stata," Stata Press books, StataCorp LP, number imeus, March.
  2. Hayakawa, Kazunobu & Kimura, Fukunari & Machikita, Tomohiro, 2010. "Globalization and productivity : a survey of firm-level analysis," IDE Discussion Papers, Institute of Developing Economies, Japan External Trade Organization(JETRO) 252, Institute of Developing Economies, Japan External Trade Organization(JETRO).
  3. Jaskiewicz, P. & González, V.M. & Menéndez, S. & Schiereck, D., 2005. "Long-run IPO Performance Analysis of German and Spanish Family-Owned Business," Publications of Darmstadt Technical University, Institute for Business Studies (BWL), Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business S 35079, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
  4. Sami Basly, 2007. "The internationalization of family SME," Post-Print, HAL hal-00465863, HAL.
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