Internationalization pathways of family SMEs: psychic distance as a focal point
Kontinen, T. & Ojala, A. (2010). Internationalization pathways of family SMEs: psychic distance as a focal point. Journal of Small Business and Enterprise Development, 17 (3), 437-454.
Julkaistu sarjassa
Journal of Small Business and Enterprise DevelopmentPäivämäärä
2010Tekijänoikeudet
© Emerald
Purpose – The purpose of this paper is to investigate how psychic distance affects the internationalization process, foreign market entry (FME), and entry mode choice of Finnish small and medium-sized family enterprises (family SMEs) operating in France.
Design/methodology/approach – The paper reports findings from an in-depth case study covering four Finnish manufacturing family SMEs operating in the French market. The data were analyzed using the Uppsala model and distance creating and distance-bridging factors encountered in the FME to France.
Findings – The findings reveal that the family SMEs mainly followed a sequential process and favored indirect entry modes before entering the French market. The French market was psychically distant, but the case firms were able to overcome the distance by using different distance-bridging factors. Based on the findings, it can be argued that psychic distance has an especially important role in the internationalization and the FME of family SMEs, mainly because of their general cautiousness caused by family presence.
Research limitations/implications – Although the case study method made it possible to acquire detailed knowledge about the firms' internationalization, the findings can be generalized only to some extent.
Practical implications – Managers of family SMEs and family members should be provided with the capacity to overcome distance-creating factors, they might encounter in their FME. The decision to internationalize is a strategic change that will most probably change the historical harmony of the firm.
Originality/value – Prior research has mainly focused only on general internationalization pathways of family SMEs. In addition and contrast to the previous studies, this paper investigates the role of perceived psychic distance in family SMEs' FME and entry mode choice in a certain target market.
...
Julkaisija
EmeraldISSN Hae Julkaisufoorumista
1462-6004Asiasanat
Metadata
Näytä kaikki kuvailutiedotKokoelmat
- Kauppakorkeakoulu [1279]
Samankaltainen aineisto
Näytetään aineistoja, joilla on samankaltainen nimeke tai asiasanat.
-
Internationalization pathways of family SMEs
Kontinen, Tanja (University of Jyväskylä, 2011) -
Application of information and communication technology for internationalization of Nigerian small- and medium-sized enterprises
Gbadegeshin, Saheed A.; Oyelere, Solomon S.; Olaleye, Sunday A.; Sanusi, Ismaila T.; Ukpabi, Dandison; Olawumi, Olayemi; Adegbite, Ayobami (City University of Hong Kong, 2019)Information and communication technology (ICT) has fundamentally transformed business transactions. While its uses have become ubiquitous in the advanced economies, emerging and developing economies are still struggling ... -
Internationalization process of family firms : reasons, networks and obstacles
Rastorgueva, Khristina (2014)This thesis investigates the internationalization process of family firms. This topic has been an object of widespread research efforts. In order to explore how family companies expand abroad it would be ra-tional to ... -
Internationalization of family-controlled SMEs from the process, network and socioemotional wealth perspectives
Metsola, Jaakko (2016)Perheyritysten kansainvälistyminen on saanut vähän huomiota kansainvälisen liiketoiminnan tutkimusalalla. Tämä laadullinen tapaustutkimus tarttuu tähän tutkimusaukkoon ja lähestyy teemaa jopa perheyritysten kansainvälist ... -
Internalization of Finnish small- and medium-sized enterprises providing professional services to Russia
Salii, Elena (2019)The topic of this master‟s thesis is the entry of small- and medium-sized Finnish companies providing professional services, to the Russian market. Small- and medium-sized enterprises (SMEs) are the vital part of Finnish ...
Ellei toisin mainittu, julkisesti saatavilla olevia JYX-metatietoja (poislukien tiivistelmät) saa vapaasti uudelleenkäyttää CC0-lisenssillä.