Analysis of the Influence of the Moment the Internationalization Process Begins on the Internationalization Intensity of Family and Nonfamily Businesses: An Approach Using a Tobit Model

Varas-Fuente, Oscar Javier, Arguedas-Sanz, Raquel y Rodrigo-Moya, Beatriz . (2022) Analysis of the Influence of the Moment the Internationalization Process Begins on the Internationalization Intensity of Family and Nonfamily Businesses: An Approach Using a Tobit Model. Administrative Sciences

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Título Analysis of the Influence of the Moment the Internationalization Process Begins on the Internationalization Intensity of Family and Nonfamily Businesses: An Approach Using a Tobit Model
Autor(es) Varas-Fuente, Oscar Javier
Arguedas-Sanz, Raquel
Rodrigo-Moya, Beatriz
Materia(s) Empresa
Abstract The specific characteristics of family businesses as well as the internationalization path followed can influence the intensity of the internationalization process. Many studies have analyzed how family character can influence the internationalization process of family businesses, and the results obtained have not been conclusive. Nevertheless, previous research has not sufficiently addressed the influence that the moment of initiation of the internationalization process has on the levels of internationalization achieved. Based on the behavioral agency model, the unique set of business resources (familiness), and the socioemotional wealth (SEW) perspective, this study examines, the internationalization intensity of family and nonfamily businesses in two defined groups (early internationalization and internationalization from the local market). Likewise, the effect that the entry of the second generation has on the internationalization of these companies is analyzed. To perform this analysis, Tobit regression models are estimated from a data set of panel data from the Spanish Survey on Business Strategies for small and medium-sized Spanish family businesses from 2005 to 2016, finding that family ownership and management have a negative influence on the intensity of exports, regardless of the path of internationalization followed, and that the entry of new generations has a positive relationship with the level of internationalization of these businesses. Finally, implications of the findings for research and management are discussed.
Palabras clave behavioral agency model
family businesses
internationalization paths
mixed gamble
SEW
Tobit model
Editor(es) MDPI
Fecha 2022-10-10
Formato application/pdf
Identificador bibliuned:DptoEEC-FCEE-Articulos-Rarguedas-0011
http://e-spacio.uned.es/fez/view/bibliuned:DptoEEC-FCEE-Articulos-Rarguedas-0011
DOI - identifier 10.3390/admsci12040133
ISSN - identifier 2076-3387
Nombre de la revista Administrative Sciences
Número de Volumen 12
Número de Issue 14
Publicado en la Revista Administrative Sciences
Idioma eng
Versión de la publicación publishedVersion
Tipo de recurso Article
Derechos de acceso y licencia http://creativecommons.org/licenses/by/4.0
Tipo de acceso Acceso abierto
Notas adicionales The registered version of this article, first published in Administrative Sciences, is available online at the publisher's website: MDPI https://doi.org/10.3390/admsci12040133
Notas adicionales La versión registrada de este artículo, publicado por primera vez en Administrative Sciences, está disponible en línea en el sitio web del editor: MDPI https://doi.org/10.3390/admsci12040133

 
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Creado: Wed, 31 Jan 2024, 04:54:25 CET