Family business internationalisation: What we know from 20 years of research
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This paper presents an analysis of 42 peer-reviewed journal articles on family business internationalisation scanning a 20 year period. Findings include that family businesses (1) are less prepared for internationalisation and exhibit lower levels of international and "cultural distant" diversification, (2) have a smaller proportion of their assets in overseas locations, and (3) have a long-term orientation, high concentration of power in management and search for working opportunities abroad, which positively influence internationalisation. The publications used both quantitative and qualitative methods with a stronger emphasis on quantitative methods in recent years. Future research directions that are likely to advance this research area are discussed.
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