Exploring the determinants of the internationalisation pathways of family firms
Date
2007
Authors
Graves, C.
Thomas, J.
Editors
Franz Kellermanns,
Advisors
Journal Title
Journal ISSN
Volume Title
Type:
Conference paper
Citation
Proceedings of the 7th Annual IFERA Conference 2007, 2007; pp.1-28
Statement of Responsibility
Conference Name
Annual IFERA Conference (7th : 2007 : Wiesbaden, Germany)
Abstract
Because of the limited research into the internationalisation process of family firms, little is known about their international behaviour. Based on an examination the internationalisation process of the eight family firms from their foundation to the present time, key determinants of the internationalisation pathways (traditional vs. born-again global) taken by family firms were identified. These included the level of commitment towards internationalisation, the financial resources available and the ability to commit and use those financial resources to develop the required capabilities. The implications for family businesses and future research are discussed in the paper.