Internationalisation and performance in Spanish family SMES: The W-curve

被引:41
作者
Fernandez-Olmos, Marta [1 ]
Gargallo-Castel, Ana [2 ]
Giner-Bagues, Enrique [1 ]
机构
[1] Univ Zaragoza, Dept Business Adm, Zaragoza 50005, Spain
[2] Univ Zaragoza, Dept Business Adm, Teruel 44150, Spain
关键词
Family firm; Internationalisation; Firm performance; W-curve; RESEARCH-AND-DEVELOPMENT; DYNAMIC CAPABILITIES; FIRM PERFORMANCE; DIVERSIFICATION STRATEGY; PRODUCT DIVERSIFICATION; EMPIRICAL-ANALYSIS; MULTINATIONALITY; OWNERSHIP; KNOWLEDGE; INVOLVEMENT;
D O I
10.1016/j.brq.2015.07.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
Previous studies have provided mixed evidence on the relationship between internationalisation and firm performance. We advance theoretically in this line of research by investigating the impact of the family dimension of a business on this relationship. Using a panel data analysis for the 2006-2011 period, we find empirically that Spanish family SMEs follow a W-curve. Our findings highlight the importance of differentiating family from non-family firms, and provide a potential explanation for the previous mixed evidence. (C) 2015 ACEDE. Published by Elsevier Espana, S.L.U.
引用
收藏
页码:122 / 136
页数:15
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