Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1014124 | Business Horizons | 2012 | 9 Pages |
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.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Vijay K. Patel, Torsten M. Pieper, Joseph F. Hair Jr.,