Business Horizons
Volume 55, Issue 3, 2012, Pages 231-239

The global family business: Challenges and drivers for cross-border growth (Article)

Patel V.K.* , Pieper T.M. , Hair Jr. J.F.
  • a Coles College of Business, Kennesaw State University, 1000 Chastain Road, Kennesaw, GA 30144-5591, United States
  • b Coles College of Business, Kennesaw State University, 1000 Chastain Road, Kennesaw, GA 30144-5591, United States
  • c Coles College of Business, Kennesaw State University, 1000 Chastain Road, Kennesaw, GA 30144-5591, United States

Abstract

Globalization has become an imperative and is no longer avoidable as a strategic choice for family businesses. However, globalization strategies are far from the norm among small and medium-sized family enterprises. This article reviews the main drivers for globalization, highlights the distinct characteristics of family businesses that may enhance or constrain their global expansion, and provides a framework for strategically evaluating business capabilities and global market opportunities. © 2012 Kelley School of Business, Indiana University.

Author Keywords

globalization family business Strategic choices Push and pull factors

Index Keywords

[No Keywords available]
Link
https://www.scopus.com/inward/record.uri?eid=2-s2.0-84859488474&doi=10.1016%2fj.bushor.2012.01.002&partnerID=40&md5=e9623f92ddb84d7944377f46c4d8302e
DOI: 10.1016/j.bushor.2012.01.002
ISSN: 00076813
Cited by: 22
Original Language: English